Green Loans Portfolio changes

May 2023
Executive summary
Total Loans and Green loans (mEUR)
Total exposure:
• The total exposure increased month over month to 930.3 MEUR in May 2023 from 870 MEUR, up by 6.8%.
• The green amount for loans of 932.4 MEUR - increase of 4.7%.
• Business Banking (43%) and Personal Banking (33%) are the divisions with biggest share of exposure . Month on
month Personal Banking (+30 MEUR) and Business Banking (+21 MEUR) increased the most in loans exposure.

Products:
• The highest exposure in products was visible on Green Build with 761 MEUR as of May 2023 followed by RNW
30.04.2022 31.05.2022 Energy (105.2 MEUR) and Pol Prev (48.8 MEUR).
Amount MEUR GREEN AMOUNT MEUR • GRN BUILD products increased by 50 MEUR m/m. CLN TRNSPT product recognized (converted) with 1.1 MEUR.
• Most of the loans are provided to Green building with 82% of the portfolio.
Divisional portfolio
Countries:
; Asset and • Sweden is the highest green loan book with 322.7 EMUR followed by Norway with 256.7 MEUR as of 31 May
Wealth
; Personal Bank- Manage-
ment
2023.
ing
• Sweden was the main country with increase of 16% and 44.9 MEUR. Norway green loans declined by 4.5 MEUR
(2%).
; Business Bank-
ing
Sectors:
• The main sectors for green loans offering are Real estate (28%), Electricity, gas, steam and air condition (13%)
; Large Corpo- and water supply (5%). Final counterparty for loans is Corporates with 64% and Households with 34%.
rates & Institu-
tions
Green loans monthly changes

Changes in product in (MEUR)

• The highest exposure was in Green Build with 761 MEUR as

of May 2023 followed by RNW Energy (105.2 MEUR) and Pol
Prev (48.8 MEUR).

• GRN BUILD products increased by 50 MEUR m/m with CLN

TRNSPT recognized (converted) with 1.1 MEUR.

• Sweden is the highest green loan book followed by Norway

Change by country (MEUR)
with as of 31 May 2023.

• Sweden was the main country with increase of 16% and 44.9
MEUR. Norway green loans declined by 4.5 MEUR (2%).

- Sweden and Norway represent over 60% of total exposure for countries.
Portfolio split
Divisional changes in exposure (mEUR)

Diff • Business Banking (43%) and Personal Banking

Division April 2022 May 2022 % change
(mEUR)
(33%) are the divisions with biggest share of
Asset and Wealth Management 14,6 15,6 1,03 7%
Business Banking 383,4 404,6 21,2 6% exposure.
Large Corporates & Institutions 199,5 206,7 7,1 4% • Month on month Personal Banking (+30.2 MEUR)
Personal Banking 273,3 303,5 30,2 11%
Total 870,9 930,4 59,5 7% and Business Banking (+21.2 MEUR) had the major
increases.
Top 10 exposures (MEUR) – April vs May 2022

• The top 10 main exposures amounted to 169.8

MEUR up from 163.1 MEUR.

- The three largest deals are in Electricity, gas, steam and air
conditioning supply (C022997915) of 28.1 MEUR and (C002779252)
of 21.4 MEUR in Denmark with Education sector deal (C020496890)
of 24.3 MEUR in Finland.
- The biggest increase in top transactions in exposure was visible in
Construction deal (C002614451) with 7.4 MEUR increase.
Portfolio composition

Product composition and final counterparty

64.12%
• Most of the loans are provided to Green building
RNW
ENERGY
12% with 82% of the portfolio.
34.29%
GRN BUILD • All other loans consist less than 1% (CLN TRNSPT,
POLL PREV 82%
6%
1.59% ENERGY EFF, SUST MGMT)
Total

• Final counterparty for loans is corporates with

Top industry sectors (MEUR)
64% and households with 34%.

• The main sectors are Real estate (28%),

Electricity, gas, steam and air condition (13%) and
water supply (5%).

• Not mapped industries account for 37.6% of total

exposure.