The Swedish Covered Bond Corporation (SCBC) Interim report January-June 2014

January–June 2014 (January–June 2013)

  · Operating profit totalled SEK 513 million (405)
  · Profit, excluding net result from financial transactions, amounted to SEK
466 million (504)
  · Net interest income amounted to SEK 847 million (864)
  · Expenses totalled SEK 348 million (342)
  · The net effect of loan losses amounted to a gain of SEK 11 million (gain 23)
  · The Common Equity Tier 1 capital ratio, without transitional rules, amounted
to 57.0% (55.5)
For further information, please contact:
Mikael Inglander, CFO, SBAB
+46-8-614 43 28, mikael.inglander@sbab.se

Adrian Westman, Head of Corporate Communications, SBAB
+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