Swedbank Hypotek has over one million customers and has a leading position on the Swedish market. Mortgages are mainly sold through Swedbank’s and the Swedish savings banks’ retail network, one of the largest bank-owned retail networks in Sweden, as well as through the telephone services and Internet Bank. Swedbank Mortgage finances properties and individual tenant-owned apartments up to 85 per cent of their estimated market value. The company also lends directly to municipalities or other borrowers with municipal guarantees as collateral as well as to the forestry and agricultural sector.

Swedbank Mortgage’s operations are integrated in Swedbank, which creates economies of scale with the bank’s other operations.

Swedbank Mortgage is responsible for:

• Follow-up and analysis of the development of the credit portfolio
• Coordination of credit regulations between the mortgage company and the bank
• Credit, financial and operational risks
• Represents Swedbank Mortgage in Swedish and international industry organizations
• Annual report, interim reports and in-depth material on the reports
• Legal issues and regulatory compliance