The Swedish Covered Bond Corporation (SCBC) Year-end report 2013


July-December 2013 (January-June 2013)

  · Profit excl. net result from financial transactions amounted to
SEK 429 million (504)
  · Operating profit totalled SEK 336 million (405)
  · NII amounted to SEK 787 million (864)
  · Expenses totalled SEK 314 million (342)
  · Loan losses amounted to SEK 2 million (positive 23), corresponding to a loan
loss level of 0.00 percent (-0.02)
  · The Core Tier 1 capital ratio was 58.8 percent (55.5) without taking the
transitional regulations into account and 10.6 percent (10.5) taking the
transitional regulations into account

January-December 2013 (January-December 2012)

  · Profit excl. net result from financial transactions amounted to
SEK 933 million (1,128)
  · Operating profit totalled SEK 741 million (-194)
  · NII amounted to SEK 1,651 million (1,787)
  · Expenses totalled SEK 656 million (587)
  · Loan losses amounted to a positive SEK 21 million (positive 13),
corresponding to a loan loss level of -0.01 percent (-0.01)
  · The Core Tier 1 capital ratio was 58.8 percent (33.6) without taking the
transitional regulations into account and 10.6 percent (10.3) taking the
transitional regulations into account
For further information, please contact:
Lennart Krän, CEO, SCBC
Telephone: +46-8-614 43 94, lennart.kran@sbab.se

Adrian Westman, Communications Manager, SBAB
Telephone: +46-8-614 43 29, adrian.westman@sbab.se
The Swedish Covered Bond Corporation, “SCBC”, is a wholly owned subsidiary of
the Government-owned SBAB Bank AB (publ). SCBC is a credit market company whose
primary operations involve the issuance of covered bonds in Swedish and
international markets. Learn more at www.sbab.se/investor

Attachments

02069266.pdf
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