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.
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
· 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.