Nordnet 9M 2021 Financial Overview
High quality loan portfolio with loan losses remaining at
very low levels
9M 2021 savings capital
Usage of deposits
SEKbn
SEKbn
Lending
SEKbn
1
Lending
Liquidity portfolio
Funds
19%
73
Brokerage
61
48
728
10% Deposits
43
71%
24
18
9M 2020
9M 2021
2
Unsecured
Mortgage
Margin lending
24.2
17.8
11.9
8.0
8.2
5.8
4.0
4.1
9M 2020
9M 2021
Nordnet
9M 20201 credit losses by lending category
SEKM
Credit losses
Credit losses/avg. lending
Nordnet's loan book only features
lending to retail customers. Split
between margin lending,
mortgages and unsecured lending.
The unsecured lending book is not
expected to grow while the
mortgage lending book increasing.
Credit losses
SEKM
0.26%
32
32
9M 2020
0.14%
24
24
9M 2021
Treasury provisions, 1 Mortgage, O
Margin lending, 4
24
O
(1) Defined as customer deposits minus lending (credit portfolio); (2) Excluding lending against pledged cash and cash equivalents; (3) LTM 9M 2021 credit losses divided by average quarterly lending volume
over the period
Public presentation
Unsecured, 19
29
29View entire presentation