Funds and cards are important to net commission income

Net commission income is our second largest income source and is comprised of fees on products and services such as asset management and cards. Our asset management company, Robur, managed approximately SEK 1 220bn at year-end. Income from asset management is generated from a fee on assets under management and is therefore affected in part by the stock market’s performance. Demand for sustainable investments is increasing and today we offer various forms of sustainable savings. For example, the Access Edge funds were classified as Paris Aligned in 2020, which means that they are managed in line with the Paris Agreement.


Card fees account for the large share of payment income, and our income is generated from customers who use our cards to make purchases and from stores and restaurants that use our terminals. The income consists of annual fees, but is also based on transaction volume.