Bank- and finance statistics 006 Published in May 007
CONTENTS Table Basic facts about Swedish banking market Commercial banks The banking market in Sweden The major Swed ish banking grou ps Savings banks 4 Banks operating profits, loan lo sses 5 and balance sheet total Banks assets and liabilities 6 Banks deposits and lending 7 Mortgage credit institu tions 8 Mortgage credit institutions lending 9 Corporate finance institutions 0 Insurance companies Fund management companies Swedish Bankers Association publish annually statistics of the Swedish banking and financial market. The statistics presents the most important companies in the market and their activities. The tables are published at our website www.bankforeningen.se. Tables which are not yet updated have been marked with a grey background. Contakt person: Christian Nilsson Phone: 08-45 44 4 E-mail: christian.nilsson@bankforeningen.se The Swedish Bankers Association
Basic facts about the Swedish banking market Banks Dec 006 Mortgage institutions lending Total number 6 to the public, by sector Dec 006 of which: Swedish commercial banks 7 Total lending, SEK billions 00% 664 foreign commercial banks 4 of which: Households 75% 47 foreign banks' branches 5 Companies 4% 98 savingsbanks 68 Local governments % 8 cooperative banks Foreign public 0% 0,8 s 0% 0,4 Bank branch offices Dec 006 Total number 947 Mortgage institutions lending of which: commercial banks 70 to the public, by collateral Dec 006 savings banks 7 Total lending, SEK billions 00% 66 of which: One-familiy dwellings 58% 966 Bank employees 006 Apartment blocks 4% 9 Total number 9 Tenant-owner apartments 4% 40 of which: commercial banks 6 5 Commercial- and office buildings % 8 savingsbanks 599 s % 7 Internet-bank customers Dec 006 Household financial savings Dec 006 Total number 7 0 000 Total portfolio, SEK billions 00% 90 of which: private individuals 6 57 000 of which Insurance savings 7% 798 companies 68 000 Deposits 4% 7 Shares % 67 ATMs (Bankomat and Minuten) 006 Mutual funds 8% 59 Total number of ATMs 807 Bonds 4% Number of transactions, millions 5 s % 96 Transaction amount, SEK billions 78 Household loan from Payments 006 the financial sector Dec 006 Total number of transactions, millions 959 Total loans, SEK billions 00% 77 of which: Checks of which: Mortgage institutions 70% 47 Credit cards 95 Banks % 40 Debit cards 994 Finance companies % 57 Paper-based credit transfers 86 Credit market institutions 4% 65 Non paper-based credit transfers 487 Direct debit 97 Household loan from the financial sector, by collateral Dec 006 Bank deposits from the public Dec 006 Total loans, SEK billions 00% 757 Total deposits, SEK billions 00% 860 of which: One-familiy dwellings 6% 090 of which: Households 8% 7 Tenant-owner apartments 5% 7 Companies 8% 57 property 9% 6 Local governments 4% 70 Unsecured credits 8% 7 Foreign public % 408 Financial instruments % 4 s 8% 5 Guarantees % collateral % 60 Bank lending to the public Dec 006 Total lending, SEK billions 00% 044 of which: Households 0% 40 Companies 4% 89 Local governments % 68 Foreign public % 665 s 4% 8 Swedish Bankers Association
Commercial banks, December, 006 Swedish banks parent No. of No. of em- Lending to Deposits from Total share- Balance companies, and subsidiaries branches ployees the public the public 4 holders equity sheet total and branches of foreign banks in Sw eden in Sweden (SEK m) (SEK m) (SEK m) (SEK m) Handelsbanken 457 6 769 57 960 4 664 5 009 68 9 SEB 6 96 7 66 9 89 98 5 8 7 5 Nordea Bank 5 57 7 476 94 56 75 59 08 554 808 457 Swedbank 4 477 8 86 7 874 5 50 6 454 78 78 Danske Bank, filial 6 6 94 54 8 560-58 70 Länsförsäkringar Bank 7 96 65 9 64 4 05 84 6 47 SkandiaBanken 64 4 566 5 4 948 56 64 Carnegie Investment Bank 5 7 76 4 59 79 4 85 GE Money Bank 59 9 548 8 8 604 967 Dexia Crédit Local, filial 4 4 07 0-8 Kaupthing Bank Sverige 8 98 7 7 60 6 84 ABN AMRO Bank, filial 56 668 645-5 044 Hypo Real Estate Bank Int., filial 8 4 485 0-4 84 DnB NOR Bank, filial 4 48 64-85 Färs & Frosta Sparbank 8 6 4 8 87 8 556 8 9 889 Calyon Bank, filial 9 4 7 8-9 88 FöreningsSparbanken Sjuhärad 8 85 7 90 7 7 777 8 649 Sparbanken Gripen 4 7 094 5 069 46 7 8 Nordnet Bank 8 7 5 9 66 7 74 ICA Banken 74 4 489 6 9 6 7 67 HQ Bankaktiebolag 0 6 97 57 49 505 6 998 IKANO Banken 7 5 68 5 44 074 6 87 Varbergs Sparbank 8 8 4 8 4 400 5 758 Sparbanken Skaraborg 6 06 4 068 4 04 87 5 56 Bankaktiebolaget Avanza 87 4 545 90 5 49 Santander Consumer Bank, filial 50 909 0-4 540 Stadshypotek Bank 54 67 84 8 4 98 CitiFinancial Europe, filial 5 4 094 5-4 9 Resurs Bank 5 566 68 65 Eskilstuna Rekarne Sparbank 8 96 750 0 00 550 Sparbanken Lidköping 6 87 7 748 50 Tjustbygdens Sparbank 56 984 04 446 568 Bergslagens Sparbank 8 7 67 9 67 44 59 Toyota Kreditbank, filial 0 99 40-456 EFG Investment Bank 5 60 57 86 4 85 Ölands Bank 8 5 55 854 65 50 48 Forex Bank 59 460 404 467 4 08 Citibank, filial 4 6 54-89 Söderhamns Sparbank 8 5 857 0 6 098 Bank Bankaktiebolag 5 87 90 0 04 Vimmerby Sparbank 8 5 89 859 8 00 Evli Bank, filial.... - 76 Fortis Bank, filial 0 490 60-557 Banque Invik, filial 9 0 00 - The Royal Bank of Scotland, filial.... - 0 HSH N Bank, filial 7 0 0-5 UBS Switzerland Stockholm, filial 0 0-98 Pareks banka, filial 6 0 47-45 HSBC Bank, filial.... - 7 UBS UK Stockholm, filial 0 0 0-5 Deutsche Bank, filial 8 0 0 -.. Bank of Scotland 6 0 0 -.. FCE Bank, filial............ Sampo Bank, filial 5............ Eurohypo AG, filial............ Total 70 6 5 867 00 70 44 60 7 4 956 0.. Figures not available from the bank. Swedish Bankers Association Page
Please note that the figures of the Swedish commercial banks include the parent banks operations in both Sweden and abroad. Operations in subsidiaries are not included in the figures. The figures of the foreign banks branches include only the operations in Sweden. Information on the banks operations in the Swedish market can be found in table The Swedish banking market. Information on the major Swedish banking groups can be found in table The major Swedish banking groups. Footnotes to Table A branch is defined as an autonomous bank branch. Many banks also provide certain banking services 4 5 6 7 8 9 0 4 5 6 through agents like i.e. Svensk Kassaservice, petrol stations and retail stores. Average during the year. Lending to the public (households, companies, local governments etc.). Deposits and funding from the public (households, companies, local governments etc). Nordea Bank is the mother bank of the Nordea group and includes mainly the Swedish business of Nordea. Nordea's business in the other Nordic countries are included in separate subsidiaries and not in the mother bank. The bank operates through different brand names, e.g. Östgöta Enskilda Bank, Bohusbanken and Upplandsbanken. Employees of Länsförsäkringar Bank also includes bank employees at the regional Länsförsäkringar-insurance companies, the owner of the bank. The bank is partly owned by Swedbank. The legal name of the branch is "Crédit Agricole Stockholm branch to Calyon Bank S.A. France". HQ Bankaktiebolag received a banking licence in the beginning of 006. Bankaktiebolaget Avanza received a banking licence just before year end 005. Stadshypotek Bank is a subsidiary to Handelsbanken The full name of the branch is The Governor and Company of the Bank of Scotland (UK), branch Stockholm FöreningsSparbanken (Swedbank) changed name to Swedbank in 006 Sampo Bank was acquired by Danske Bank in the end of 006 The number of employees has increased partly due to that SEB IT and Enskilda Securities have merged with the parent bank 006. NB. All figures relate to the post year-end situation. Source: Each bank respectively. Swedish Bankers Association Page
The banking market in Sweden, end of year Deposit and funding from the public, excluding repos (Million SEK) Danske Swedbank Nordea Bank SEB Bank, branch 4 Handelsbanken Skandia- Banken Länsförsäkringar Bank banks 00 8 65 75 67 094 65 9 0 689 7 606 09 746 898 90 00 9 847 0 700 69 0 69 568 9 08 9 4 96 7 54 9 7 00 08 96 08 98 77 06 7 95 7 560 660 6 40 7 58 980 495 004 6 5 7 44 89 55 76 86 9 79 59 7 498 49 74 08 6 005 8 97 6 08 94 00 4 44 47 8 9 50 67 899 4 40 006 74 68 54 97 45 88 6 05 6 69 5 96 94 09 0 859 Total Lending to the public (Million SEK) Swedbank Nordea Bank Handelsbanken SEB Danske Bank, branch 4 Skandia- Banken Länsförsäkringar Bank banks 00 85 579 7 459 4 84 58 76 75 69 4 56 48 00 967 067 00 77 855 7 70 50 5 5 49 85 45 5 6 5 876 57 56 989 888 00 85 77 64 807 6 67 0 870 85 654 6 4 7 5 60 7 986 90 004 80 996 44 59 8 4 6 94 98 89 7 4 8 00 8 006 8 005 9 78 58 596 5 764 5 85 45 7 8 50 8 40 5 004 45 0 006 6 699 7 456 9 478 5 80 76 48 0 96 9 0 55 745 05 70 Total Includes banks on a solo basis, i.e. when the bank is a part of a financial group only the figures of the mother bank is included. Possible subsidiaries are not included in the figures. 4 Including Postgirot bank year 00 Including the subsidiary Stadshypotek Bank The bank operates through different brand names, e.g. Östgöta Enskilda Bank, Bohusbanken and Upplandsbanken. Lending from the public increased strongly during 005. The increase in lending is mainly a result of that the mortgage lending business, earlier in a separate subsidiary, has been moved in to the bank. Source: Statistics Sweden. The major Swedish banking groups, December, 006 No. of em- No. of em- Lending to Deposits from Totalt share- Balance ployees ployees in the public the public 4 holders equity sheet total Sweden (SEK m) (SEK m) (SEK m) (SEK m) Nordea 0 59 8 08 94 96 4 050 8 50 5 677 SEB 0 689 9 5 946 64 64 758 67 7 94 44 Handelsbanken 0 6 7 80 00 58 5 885 66 6 790 008 Swedbank 8 6 9 90 946 9 400 05 60 77 5 989 Total 79 64 4 47 4 97 796 78 78 4 8 5 4 Including all the subsidiaries (however, do not include mutual insurance companies). Average during the year. Lending to swedish and foreign public (households, companies, local governments etc. Deposits and funding from swedish and foreign public (households, companies, local governments etc.). Exclu issued securities, etc. Source: Each bank respectively. Swedish Bankers Association Page 4
4 Savings banks 006-- The ten largest No. of No. of em- Lending to Deposits from Capital and Balance savings banks branches employees the public the public 4 reserves sheet total (SEK m) (SEK m) (SEK m) (SEK m) Sparbanken Finn 9 79 6 5 985 4 55 Kristianstads Sparbank 4 84 9 78 6 09 75 0 884 Sörmlands Sparbank 8 05 4 699 5 994 9 7 40 Sparbanken Nord 58 6 9 6 07 806 6 995 Sparbanken Alingsås 7 9 770 4 47 895 5 4 Sparbanken Syd 5 6 4 957 4 06 87 5 65 Falkenbergs Sparbank 5 97 078 58 55 4 0 Westra Wermlands Sparbank 7 90 59 07 000 4 87 Sparbanken i Enköping 5 9 77 097 554 7 Roslagens Sparbank 89 9 057 4 455 Total above 85 40 54 09 50 785 9 60 66 77 Total all savings banks (68) 7 599 98 45 98 8 8 59 4 567 4 The former savings banks now operating as limited liability banking companies are shown in table Commercial banks. Average during the year. Lending to swedish and foreign public (households, companies, local governments etc.). Deposits and funding from swedish and foreign public (households, companies, local governments etc.). Source: The National Federation of Independent Savings Banks and Sparbanken Finn 5 Banks operating profits, loan losses and balance sheet total (SEK m) Operating profits of which dividends from group companies Loan losses Balance sheet total 99-8 546-57 57 58 644 99-6 - 46 47 454 64 994 5-4 67 456 708 995 8 50-9 070 584 98 996 976 67 4 790 86 65 997 5 85 6 04 4 6 45 94 998 08 675 696 40 48 999 8 77 0 9 4 466 78 000 5 905 6 9 65 88 5 00 9 57 5 84 57 45 9 00 5 074 5 74 60 88 75 00 76 8 58 64 90 64 004 6 86 078 565 879 0 005 7 05 9 64 78 4 59 904 006 7 9 48 65 4 5 088 69 All banks that have operated in Sweden during 00 and are under the supervision of the Swedish Financial Supervisory Authority (Finansinspektionen). Also included are foreign owned bank branches operating in Sweden. Swedish credit companies branches abroad are also included. After loan losses Net loan losses Source: Statistics Sweden, Financial Enterprises Swedish Bankers Association Page 5
6 Banks assets and liabilities, December, 006 Assets, Billion SEK Ultimo December Lending to financial institutions Securities other than shares Shares and other equities Lending to the public Derivatives Assets Total 996 668 40 7 49 0 75 997 87 56 6 95 9 9 998 998 567 45 0 4 64 47 999 065 598 85 4 7 476 000 74 760 87 5 66 97 00 80 869 40 6 54 65 60 00 40 85 47 45 59 59 80 00 67 867 508 56 58 5 80 004 446 4 555 59 0 90 005 79 87 74 6 54 5 4 58 006 044 445 790 8 97 9 5 50 Liabilities and equity, Billion SEK Deposits from the financial Ultimo December Deposits from the public sector Securities etc. issued Derivatives liabilities Equity Total 996 795 457 5 9 0 9 75 997 97 547 0 58 8 998 975 688 0 96 7 47 999 00 60 78 0 4 476 000 85 757 4 6 84 6 97 00 69 88 49 50 99 67 60 00 4 88 477 8 4 55 80 00 84 787 444 84 5 66 80 004 45 067 540 85 45 90 005 64 8 87 55 45 7 4 58 006 860 7 94 7 5 8 5 50 All banks that have operated in Sweden during the year and are subject to supervision of the Swedish Financial Supervisory Authority (Finansinspektionen). Also included are foreign owned bank branches operating in Sweden. Swedish credit companies branches abroad are also included. Lending to swedish and foreign public (households, companies, local governments etc.). Deposits and funding from swedish and foreign public (households, companies, local governments etc.). Source: Statistics Sweden Swedish Bankers Association Page 6
7 Banks deposits and lending by sector, end of year (SEK billion) Business sector Public sector Households s Foreign Total Deposits 998 69 5 48 6 69 975 999 5 444 8 4 00 000 60 47 44 90 47 85 00 90 55 487 77 59 69 00 40 7 54 84 77 4 00 87 4 556 07 9 84 004 99 4 569 8 45 005 46 56 68 4 6 64 006 57 70 7 5 408 860 Lending 998 44 47 06 68 5 998 999 489 5 5 58 4 065 000 546 59 6 88 8 74 00 640 74 8 5 5 80 00 67 60 94 64 55 40 00 6 9 98 8 4 67 004 68 4 4 65 98 446 005 74 49 5 54 5 79 006 89 68 40 8 665 044 All banks that have operated in Sweden during 00 and are under the supervision of the Swedish Financial Supervisory Authority (Finansinspektionen). Also included are foreign owned bank branches operating in Sweden. Swedish credit companies branches abroad are also included. Deposits and funding from the public (households, companies, local governments etc.). Lending to the public (households, companies, local governments etc.). Source: Statistics Sweden, Financial Markets Statistics 8 Mortgage credit institutions, December, 006 Outstanding loans Owner SEK million Stadshypotek 480 9 Handelsbanken Swedbank Hypotek 478 876 Swedbank Nordea Hypotek 86 67 Nordea SEB BoLån 56 SEB SBAB 78 587 State owned Länsförsäkringar Hypotek 6 568 Länsförsäkringar Bank Loans for residential property, commercial property and local government sector. Include also loans which through securitization have been disposed to so called SPV (Special Purpose Vehicle). Excluding FöreningsSparbanken Jordbrukskredit Source: Financial institutions included in the list. Swedish Bankers Association Page 7
9 Mortgage credit institutions lending to the public, SEK billion Distribution by borrower Swedish households Swedish nonfinancial corporations Public sector Foreign public Swedish borrowers Total 996 490 49 0 7 0 997 508 470 0 0 998 54 450 0 08 999 586 47 7 0 05 000 65 4 0 070 00 677 40 0 00 75 4 0 97 00 85 40 0 0 84 004 969 40 0 0 9 005 07 40 0 0 59 006 47 98 8 0 664 Distribution by purpose Commercial and office buildings - of which tenants cooperative associations Tenantowner apartments Totalt Single-family Apartment dwellings buildings 996 4 496-7 7 9 0 997 49 47-9 5 006 998 46 44-4 4 40 04 999 499 48-5 44 4 048 000 5 48 7 7 58 44 068 00 555 49 8 40 75 7 6 00 60 45 87 4 96 40 87 00 67 400 85 9 4 67 004 749 400 96 8 5 40 69 005 869 95 0 8 96 40 58 006 966 9 09 8 40 7 66 Does not include loans which through securitization have been disposed to so called SPV (Special Purpose Vehicle). Includes households of self-employed and non-profit institutions servicing households (e.g. labour unions, religious communities and other non-profit organisations). Source: Statistics Sweden, Financial market statistics. Swedish Bankers Association Page 8
0 Mortgage credit institutions funding, SEK billion Distribution of various types of funding etc. Deposits from the public Deposist from financial institutions Certificates Bonds securities issued liabilities and equity Totalt Debenture loans 996 7 94 7 755 6 09 0 997 4 6 690 7 998 4 4 66 740 7 04 999 8 5 69 7 6 8 87 000 9 0 6 6 06 70 00 44 0 6 59 0 99 00 7 7 64 8 0 0 7 00 9 00 8 75 9 0 78 004 8 465 7 7 0 0 50 005 4 477 75 848 0 6 64 006 5 48 46 09 0 6 8 Source: Statistics Sweden, Financial market statistics. Finance companies, bank-owned, December, 005 Balance Owner sheet total (SEK millions) Handelsbanken Finans 50 57 Handelsbanken SEB Finans 7 7 SEB Nordea Finans 6 65 Nordea FöreningsSparbanken Finans 4 464 FöreningsSparbanken Danske Finans 9 57 Danske Bank Wasa Kredit 8 6 Länsförsäkringar Bank Source: Finance companies included in the list. Corporate finance institutions, December, 006 Loans outstanding Owner (SEK millions) AB Svensk Exportkredit 9 48 The state Kommuninvest i Sverige AB 66 8 Kommuninvest ekonomisk förening Landshypotek AB 7 89 Landshypotek ekonomisk förening FöreningsSparbanken Jordbrukskredit AB 88 Swedbank Hypotek Svenska Skeppshypotekskassan 6 09 The state Including the subsidiaries Sveriges Allmänna Hypoteksbank, Landshypotek Jordbrukskredit and Lantbrukskredit. Source: Each institute respectively. Swedish Bankers Association Page 9
Insurance companies, December, 006 Assets (SEK m) Per cent Skandia 90 768 5, SEB Trygg Liv 98 0 9, AMF Pension 75 84 7,8 Handelsbanken Liv (incl. SPP Liv) 8 458,8 Länsförsäkringar 49 84 9,7 Folksam (incl. KPA och Förenade Liv) 5 88 8,8 Swedbank Försäkring 67 58 4,4 Nordea Liv 4 6,6 Danica Fond (Danske Bank) 6 75 0,4 Moderna Försäkringar 4 59 0, SalusAnsvar 96 0, s 84 0,8 Total 550 9 00,0 Life insurance, excl. labour market insurance. Source: Swedish Insurance Federation. 4 Fund Management Companies, December, 006 Assets under management (SEK m) Per cent Robur (Swedbank) 90 89 4, SEB Fonder 5 89 5,8 Handelsbanken Fonder (incl. SPP's mutual funds) 56, Nordea Fonder 97 9, Sjunde AP-fonden 8 7 5,0 Länsförsäkringar Fonder 6 587,8 Skandia Fonder 5 96, Folksams fonder (incl. KPA's mutual funds) 48 566,0 AMF Pension 4 664,6 Danske Fonder 5 5,6 s 9 74 4,9 Total 606 67 00,0 Sjunde AP-fonden is an authority owned by the state that has been set up to administer two funds within the premium pension system. Source: The newsletter "Fond & bank" Swedish Bankers Association Page 0