Landshypotek Bank Annual Report 2021

Today, Landshypotek Bank presents its Annual Report for 2021, including its sustainability and corporate governance reports, and its Pillar III Report.

The Annual Report and the sustainability, corporate governance and Pillar III reports are available in full on the bank’s website.

Landshypotek looks back on a record year in its Annual Report. The bank grew with more customers during the year and increased lending at an unprecedented pace.

“The growth confirms the opportunities in our strategic development and confirms the strength of our initiatives. For a long time, we have systematically worked to improve from a customer perspective and to be able to meet more customers and different customer groups,” says Per Lindblad, CEO of Landshypotek Bank.

Annual Report at a glance — figures for Landshypotek Bank 2021

  • Operating profit amounted to SEK 471 million (397).
  • The underlying operating profit, excluding the net result of financial transactions, was SEK 486 million (414).
  • Net interest income amounted to SEK 972 million (872).
  • Costs totalled SEK 498 million (478).
  • Net credit losses positively impacted earnings by SEK 5 million (positive: 13).
  • Loans to the public amounted to SEK 94.0 billion (83.0).
  • Deposits from the public totalled SEK 15.3 billion (14.7).

Please find attached, the Annual Report including the sustainability and corporate governance reports. Direct link to the website with the Annual Report including the sustainability and corporate governance reports.

Landshypotek Bank AB is required to disclose this information pursuant to the Securities Market Act (2007:528). This information was submitted for publication on 23 March 2022 at 8:00 a.m. (CET).

For more information, please contact:
Jonas Feinberg, Press Officer, jonas.feinberg@landshypotek.se, +46 70 349 24 10
Per Lindblad, CEO of Landshypotek Bank, can be contacted through Jonas Feinberg.

About Landshypotek Bank
Landshypotek was founded in 1836 and is currently one of the ten largest lending banks in Sweden. The bank is deemed systemically important for the farming and forestry industries. Historically, lending has focused on customers for farming and forestry, but now also includes homeowner mortgages and savings. Landshypotek Bank is owned by some 36,000 farming and forestry customers, who are organised as a cooperative association. The bank has almost 210 employees located at branches across Sweden.

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