Suomen Hypoteekkiyhdistys - Interim report (Q1 and Q3)

The Mortgage Society of Finland: Hypo Group's January-September 2017

The Mortgage Society of Finland
Interim Report Release
Helsinki, 31 October 3:30 p.m.


Hypo Group's January-September 2017


The home finance specialist Hypo's net interest income and competitiveness
strengthen further.

CEO Ari Pauna:

"Hypo's loan portfolio grew to EUR 2.1 billion as a growing number of urban
citizens choose Hypo to finance their home or housing company mortgage. The
positive development of Hypo's core business continues despite low interest
rates and narrowing margins."

  * Net interest income increased to EUR 6.3 million (EUR 3.6 million 1-9/2016)
  * Low risk loan portfolio secured by housing collateral continued to grow
    faster than the market
  * Non-performing loans remained low and impairment losses were 0 euros
  * Net fee and commission income decreased to EUR 2.7 million (EUR 3.6 million
    1-9/2016) due to decrease in land trustee service profits.
  * Common Equity Tier 1 (CET1) ratio, as calculated with standard and basic
    methods, was 13.0% (13.6% on 31 December 2016)



 GROUP'S KEY FIGURES

 (1000 €)                      1-9/2017  1-9/2016  7-9/2017  7-9/2016      2016
-------------------------------------------------------------------------------


 Net interest income              6 280     3 610     2 329     1 561     5 386

 Net fee and commission
 income                           2 690     3 550       807     1 051     4 439

 Total other income               4 048     6 312       979     1 133     7 924

 Total expenses                  -8 109    -7 215    -2 340    -2 094   -10 403
                             --------------------------------------------------
 Operating profit                 4 909     6 257     1 775     1 650     7 347
                             --------------------------------------------------


 Receivables from the public
 and public sector entities   2 130 428 1 756 349 2 130 428 1 756 349 1 806 440

 Deposits                     1 311 950 1 155 648 1 311 950 1 155 648 1 203 042

 Balance sheet total          2 640 119 2 232 311 2 640 119 2 232 311 2 305 218



 Common Equity Tier 1 (CET1)
 ratio                             13,0      13,0      13,0      13,0      13,6

 Cost-to-income ratio,%            62,4      53,5      57,0      56,0      57,1

 Non-performing assets, % of
 the loan portfolio                0,13      0,19      0,13      0,19      0,11

 LTV-ratio, % / Loan to
 Value, average, %                 37,7      39,0      37,7      39,0      38,4

 Loans  / deposits, %             162,4     152,0     162,4     152,0     150,2






Contact information:              CEO Mr. Ari Pauna, tel.
+358 9 228 361, +358 50 353 4690
Deputy CEO, Chief Risk Officer Mikko Huopio, tel. +358 9 228 361,
+358 400 2990

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Attachments:

Interim Report Release Q3 2017.pdf