Interim report for the first quarter 2016

Swedbank´s President and CEO, Birgitte Bonnesen comments:
“Our strategy remains firm. We will continue to be an available full-service
bank with low risk for private and corporate customers in our four home
markets.”
First quarter compared with fourth quarter 2015

  ·
Lower market interest rates weighed on net interest income

  ·
Increased lending volumes

  ·
Weak stock market produced lower commission income

  ·
Improved Treasury result

  ·
Good cost control

  ·
Low credit impairments

  ·
Strong capitalisation

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Swedbank AB (publ) shall make this information public in accordance to
Securities Market Act (2007:528), Act on Trading in Financial Instruments
(1991:980) and/or Nasdaq Stockholm’s issuer rules. The information was submitted
for publication on 26 April 2016, at 07.00 CET
Swedbank promotes a sound and sustainable financial situation for the many
people, households and companies. Our vision is to contribute to development
“Beyond Financial Growth”. As a leading bank in the home markets of Sweden,
Estonia, Latvia and Lithuania, Swedbank offers a wide range of financial
services and products. Swedbank has over 7 million retail customers and around
600 000 corporate customers and organisations with 275 branches in Sweden and
144branches in the Baltic countries. The group is also present in other Nordic
countries, the US and China.
As of 31 December 2015 the group had total assets of SEK 2 149 billion. Read
more at www.swedbank.com