• Startpage
• 2007 in brief
• This is Swedbank
• Letter from the Chair
• President's statement
• Vision and strategy
• Market shares Sweden
• Market shares Baltic region
• Five-year summary
• Business areas
• Employees
• Sustainable development
• The share and owners
• Board of Directors' report
• Board of Directors and Group Executive Management
• Corporate governance report
• Distribution of earnings
• Annual General Meeting

• Addresses
• Contacts
• Definitions

2007 in brief

Financial summary 2007

Profit for the year amounted to SEK 11,996m (10,880)

Earnings per share amounted to SEK 23.28 (21.11)

The return on equity was 18.9 percent (19.3)

Net interest income increased by 20 percent to SEK 19,157m (15,977)

Net commission income increased by 11 percent to SEK 9,880m (8,869)

Net gains and losses on financial items decreased by 38 percent to SEK 1,691m (2,738)

Expenses increased by 10 percent to SEK 16,719m (15,139)

Loan losses, net, amounted to SEK 619m (–205)

The tax rate decreased to 22 percent (23)

Business volumes increased in all segments

– Lending increased by 20 percent

– Deposits rose by 19 percent

– Fund assets under management increased by 2 percent

The Board of Directors proposes an increase in the dividend to SEK 9.00 per share (8.25)

Important events 2007

Swedbank strengthened its international presence in emerging markets through the acquisition of TAS-Kommerzbank (now OJSC Swedbank) in Ukraine

Swedbank consolidated its market leading position in mortgages in Sweden

Swedbank established an extensive collaboration with Folksam in asset management and non-life insurance

Swedbank had the most satisfied customers in life and pension insurance, according to the Swedish Quality Index

In the Swedish Quality Index’s annual survey of customer satisfaction, Swedbank’s satisfaction among corporate customers increased by 2.3 percentage points to 70.7 percent

Swedbank opened an online mutual fund marketplace where Swedish customers can trade more than 200 funds from fund management companies around the world

The Shanghai operations were upgraded to an international branch

This year’s Company Barometer survey ranked Swedbank as the most popular bank to work for in Sweden among business students.

In Estonia and Latvia, Hansabank was named the country’s most popular employer

Swedbank was named Bank of the Year in Estonia by Euromoney

Swedbank was named Bank of the Year in Latvia by The Banker

Swedbank Robur was named Sweden’s Fund Manager of the Year in 2007 by Dagens Industri and Morningstar

Graphs

Return on equity

Profit for the year

Dividend