June 28, 2017 8:34 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

Wasa Kredit AB does not have any Key Executives recorded.

Wasa Kredit AB Key Developments

Wasa Kredit Reports Earnings Results for the Nine Months Ended September 30, 2016

Wasa Kredit reported earnings results for the nine months ended September 30, 2016. For the period, operating profit of the company increased 17% to SEK 306.1 million compared to SEK 261.1 million reported in the same period last year. The increase was primarily attributable to lower loan losses. Net interest income remained largely unchanged at SEK 507.1 million compared to SEK 509.5 million reported last year.

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.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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