Länsförsäkringar Hypotek
About Länsförsäkringar Hypotek
One of Sweden’s largest mortgage institutions
Länsförsäkringar Hypotek is one of Sweden's largest mortgage institutions. The strategy is based on the Länsförsäkringar Alliance's large customer base, a strong brand and local presence through the customer-owned regional insurance companies.
Mortgages are primarily offered to the 4 million customers of the Länsförsäkringar Alliance. Customer contact takes place during personal meetings at the regional insurance companies' branches throughout Sweden and via digital services and telephone.
The aim is, based on low risk, to continue to have growth in volumes and profitability, have the most satisfied customers and more customers who have both banking and insurance with Länsförsäkringar.
Contacts
Länsförsäkringar Hypotek AB (publ)
Street address: Tegeluddsvägen 11-13
Postal address: SE-106 50 Stockholm
Telephone: +46 8 588 400 00
Anders Larsson
President, Länsförsäkringar Hypotek AB
+46 8 588 411 54
+46 73 964 11 54
anders.larsson2@lansforsakringar.se
Martin Rydin
Acting President and CFO, Länsförsäkringar Bank AB
+46 8 588 412 79
+46 73 964 28 23
Martin.Rydin@lansforsakringar.se
Financial Information
January-June 2025
The period in brief
- Operating profit increased 11% to SEK 954 M (860) and the return on equity amounted to 8.5% (8.0).
- Net interest income declined 11% to SEK 1,223 M (1,372).
- Credit losses amounted to SEK 3 M (2), net, corresponding to a credit loss level of 0.00% (0.00).
- Operating profit was impacted by fees levied of SEK 134 M (128), of which risk tax comprised SEK 72 M (69).
- Lending increased 7% to SEK 347 billion (326).
- The Common Equity Tier 1 capital ratio amounted to 18.4% (19.0*) on 30 June 2025.
Figures in parentheses pertain to the same period in 2024.
* Pertains to 31 December 2024.
Read the full report from Länsförsäkringar Hypotek
| Financial calendar | |
|---|---|
| Date | Report |
|
10 February 2026 |
Year-end Report 2025 |
|
Week 23-27 March 2026 |
Annual Report 2025 published |
|
22 July 2026 |
Half-year Report January-June 2026 |
Five Year Financial Summary (pdf)
Funding
EMTN Prospectuses
EMTN Prospectuses
In nominal values and excluding repurchase agreements, as of September 30, 2025.
| Funding programmes | |||
|---|---|---|---|
| Limit Nom | Outstanding Nom | Remaining average term | |
| Benchmark | Unlimited | SEK 197.2 billion | 3.4 years |
| Medium Term Covered Note | SEK 30 billion | SEK 14.3 billion | 3.1 years |
| Euro Medium Term Covered Note | EUR 6 billion | SEK 36.5 billion | 3.1 years |
| Total | SEK 248.1 billion | 3.4 years | |
Current Rating – Covered Bonds
Long Term Credit Rating
- S&P Global Ratings: AAA/Stable
- Moody's: Aaa
Historical Ratings
2007 May Länsförsäkringar Hypotek's covered bonds graded Aaa from Moody's.
2007 June Länsförsäkringar Hypotek's covered bonds graded AAA long-term and A-1 + short-term from Standard & Poor's.
Risks and Capital Adequacy
Länsförsäkringar Hypotek applies the Internal Ratings Based (IRB) approach. The Foundation IRB Approach is applied to household risk exposure and for counterparty exposures to corporates and the agricultural sector up to SEK 5 M.
The Foundation IRB Approach is applied for counterparty exposures to corporates and the agricultural sector above SEK 5 M. The Standardised Approach is applied to other exposures.
As of September 30, 2025
- Core Tier 1 and Tier 1 capital amounted to SEK 17,840 M
- Core Tier 1 and Tier 1 ratio was 18.4 %
- Capital base amounted to SEK 17,840 M
- The total capital ratio 18.4 %
Pillar 3 disclosure
Länsförsäkringar Hypotek presents its Risk and Capital Management Report in accordance with the Capital Requirements Regulation or CRR.
Pillar 3 information
Cover Pool
Collateral comprises only private homes, including single-family homes, tenant-owned apartments and, to a marginal extent vacation homes. Lending only takes place in Sweden and the geographic distribution in Sweden is well-allocated. All lending is in SEK and all foreign currency is swapped to SEK.
Länsförsäkringar Hypotek gives information in accordance with the ECBC "The Covered Bond Label", a common standard for increased transparency in the European covered bond market.
Read more about The Covered Bond Label
Corporate Governance
Board of Directors
- Martin Rydin, Chairman, born 1968. Board member since 2022.
- Susanne Calner, born 1969. Board member since 2022.
- Jonas Ekegren, born 1971. Board member since 2022.
- Tobias Ternstedt, born 1972. Board member since 2022.
-
Marie Scherstein, born 1979, Board member since 2025
Management
- Anders Larsson born 1965, President