First Quarter 2022 Investor Presentation
33
Real estate exposure is c. 12% of non-bank credit portfolio and is focused on
Nordic commercial real estate and Swedish residential real estate
Real estate management credit portfolio by division
SEK bn
Large Corporates & Financial Institutions division
Corporate & Private Customers division
Baltic division
Private Wealth Management & Family Office division
Germany
Real estate management portfolios by geography
31 March 2022
Residential real estate exposure: SEK 149bn
Average LTV Q1 2022: 46.8%
26%
Residential
real estate
12%
7%
339
340 340
320
5%
294
295
286
259 261 257
243 247
220
11%
12%
15%
9%
11%
21%
31%
21%
2010 2011
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Mar
2022
15%
Commercial
real estate
Commercial real estate exposure: SEK 191bn
Average LTV Q1 2022: 46.3%
Sweden
Other Nordic
Germany
Sweden
Other Nordic
Baltics
Germany & other
SEBView entire presentation