This report does not constitute a rating action. ALAC--Additional loss-absorbing capacity. CRA--Comparable ratings analysis. GRE--Government-related entity. ICR--Issuer credit rating. SACP--Stand-alone credit profile. Overview Key strengths Key risks Close cooperation with Swedbank. High concentration due to regional focus. Highly collateralized loan book with historically low credit losses. High correlation with the local real estate market. Robust capitalization and sound deposit-based funding profile. Small scale compared with competitors. We expect Sparbanken Skåne, with total assets of Swedish krona (SEK) 114 billion (€10.4 billion), will maintain its leading position in the Skåne region in Southern Sweden. The bank has lent to the area for decades and maintains a significant market share of around 40%, but only a national market share of 1%. Due
