Sparbanken Sjuhärad AB (publ)

Sparbanken Sjuhärad AB (publ) is a regional Swedish savings bank headquartered in Borås, operating across the Sjuhärad area of Västra Götaland with a focus on retail and small to mid-sized corporate customers. The bank offers current and savings accounts, cards, domestic and international payments (including Swish), consumer and corporate lending, and distributes mortgages primarily via a partnership model common among Swedish savings banks, where home loans are typically mediated through Swedbank Hypotek; it also provides investment and pension products, including funds from external providers such as Swedbank Robur, and insurance solutions via partners. Distribution combines local branches with digital channels, including mobile and online banking supported by BankID authentication. Sparbanken Sjuhärad collaborates with Swedbank for core IT, product platforms, and infrastructure, and is part-owned by a savings bank foundation (Sparbanksstiftelsen Sjuhärad), through which portions of distributed profits can be allocated to local community initiatives. Funding is primarily customer deposits supplemented by market instruments as needed; the bank does not issue covered bonds, as mortgage funding is generally handled by the partner platform, and may use senior unsecured funding in SEK for liquidity and balance sheet purposes. It is subject to supervision by Finansinspektionen and to Swedish and EU prudential frameworks, including capital and liquidity requirements; eligible deposits are protected under Sweden’s deposit guarantee scheme administered by the National Debt Office (Riksgälden) in line with EU rules (currently up to the equivalent of EUR 100,000 per depositor and institution, with certain temporary higher coverage for specific life events). The risk profile reflects geographic concentration in the Sjuhärad region, exposure to the Swedish housing market via brokered mortgages and collateralized lending, and sensitivity of net interest income and commission streams to interest rate changes; credit risk is centered on household and local SME borrowers, and market and operational risks are managed within the constraints of a medium-sized regional bank operating model. The bank does not offer universal investment banking or complex capital markets services, with clients typically accessing such products through larger partners, while standard Swedish KYC/AML procedures, fee structures, and product terms apply.