REG - Swedbank Mort AB - Swedbank Mortgage’s interim report for the...

Swedbank ABAnnouncement

24/01/2024 10:45

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RNS Number : 6837A  Swedbank Mortgage AB (Publ)  24 January 2024

 

Press Release

 

24 January 2024

 

Swedbank Mortgage's interim report for the second half of 2023 published

 

Swedbank Mortgage's interim report for the second half of 2023 has been
published at Swedbank's website
(https://www.swedbank.com/investor-relations/reports-and-presentations/subsidiary-reports/swedbank-mortgage.html)
.

 

Swedbank Mortgage AB (in Swedish: Swedbank Hypotek) is a wholly owned
subsidiary to Swedbank AB (publ). Mortgages are distributed through Swedbank's
and the Swedish savings banks branches as well as digital channels.

http://www.rns-pdf.londonstockexchange.com/rns/6837A_1-2024-1-23.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/6837A_1-2024-1-23.pdf)

 

·    Net interest income was affected negatively by funding costs
increasing earlier than short customer rates

·    Higher net gains and losses

·    Stable credit impairments and low write-offs

·    Stable capital position despite higher regulatory requirements

 

Swedbank Mortgage AB (publ) is required to disclose this information pursuant
to the Swedish Securities Markets Act (2007:528). This information was sent to
be published on 24 January 2024 at 10:30 CET.

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