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November 30, 2015 1:41 AM ET

Diversified Financial Services

Company Overview of Wasa Kredit AB

Company Overview

Wasa Kredit AB offers financing leasing services for cars, computers, and appliances. The company also provides hire purchase and personal loans. The company is based in Stockholm, Sweden. As of May 20, 1998, Wasa Kredit AB operates as a subsidiary of Länsförsäkringar Bank AB (publ).

Sankt Eriksgatan 115

Stockholm,  113 43



46 86 35 38 00


46 86 76 02 75

Key Executives for Wasa Kredit AB

President and Chief Executive Officer
Age: 46
Compensation as of Fiscal Year 2015.

Wasa Kredit AB Key Developments

Wasa Kredit AB Reports Earnings Results for the Nine Months Ended September 30, 2015

Wasa Kredit AB reported earnings results for the nine months ended September 30, 2015. For the period, the company reported net interest income of SEK 509 million and operating profit of SEK 261 million compared to the net interest income of SEK 463 million and operating profit of SEK 223 million for the same period year ago. The increase in operating profit was primarily attributable to higher net interest income. Net interest income increased 10%, mainly due to higher stock volumes and strengthened margins.

Wasa Kredit AB Announces Earnings Results for the Six Months Ended June 2014

Wasa Kredit AB announced earnings results for the six months ended June 2014. For the period, net interest income was SEK 300 million and operating profit was SEK 133 million against net interest income of SEK 286 million and operating profit of SEK 129 million for the same period a year ago. Operating profit in creased 3% due to higher lending volumes.

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