2. SEB Savings Barometer
Second Quarter 2010
Total household savings = bank deposits, life insurance,
mutual funds, bonds, government savings plans, premium
pensions and - when noted - directly held equities and
housing.
Sources: Statistics Sweden, Bank of Sweden, Swedish
National Board of Student Aid (CSN), Swedish Insurance
Federation, Swedish Mutual Fund Association, Svensk
Fondstatistik/MoneyMate, NASDAQ OM Stockholm
Exchange, NGM/NDX, SHB, Nordea Life, SEB Trygg Life,
Swedish Pensions Agency, maklarstatistik.se, interim and
annual reports of companies.
Compiled by Carl Holm, SEB Trygg Life
Savings Barometer Second Quarter 2010
3. Development Second Quarter 2010
•New savings were 46bn kronor. Savings in bank deposits were
34bn an insurance savings were 14bn.
•On the Stockholm Stock Exchange (NASDAQ OM) the AGFX
index decreased by 3.7 per cent.
•Housing prices increased by 3.3 per cent.
•Households increased borrowing by 2.2 per cent during the
second quarter. For twelve months the increase was 8.4 per
cent.
•SEB had a 12.6 per cent market share and Swedbank 14.7 per
cent. Alecta had 9.8 per cent, Skandia 9.5 and Nordea 8.9.
Savings Barometer Second Quarter 2010
4. Development Second Quarter 2010
SEK bn
Value, beginning of quarter 9,601
Savings +46
Value, shareholdings directly held -27
Value, housing +135
Value, other assets -85
Value, end of quarter 9,670
Loans -2,614
Net assets 7,056
Savings Barometer Second Quarter 2010
5. Swedish Household Savings
Total household savings have
SEK m increased by 50.9% since year-
end 2004, from SEK 6,410 bn to
SEK 9,670 bn.
4 500 000
4 000 000
3 500 000
3 000 000
Bank deposits
2 500 000
Trad insurance
2 000 000 Unit-linked insurance
1 500 000 Mutual funds
Bonds
1 000 000
Premium Pensions
500 000 Shareholdings
0 Housing
04-IV 05-IV 06-IV 07-IV 08-IV 09-IV
Savings Barometer Second Quarter 2010
16. Bonds, Market Shares
June 30 2010 (December 31 2004)
The change in bonds issued by
SEB QI 2007 is mainly caused by the
technique used for measurement
and is significantly overstating
real changes
100%
Others 12.3% (12.6)
80%
Gov't 36.3% (52.8)
60% Swedbank 13.1% (10.4)
40% Nordea 10.3% (5.9)
Handelsbanken 19.5% (14.8)
20%
SEB 8.5% (3.3)
0%
04-IV 05-IV 06-IV 07-IV 08-IV 09-IV
Savings Barometer Second Quarter 2010
17. Savings - Distributed by Company
SEK m 04-IV 05-II 05-IV 06-II 06-IV 07-II 07-IV 08-II 08-IV 09-II 09-IV 10-II
800 000
700 000
600 000
500 000
400 000
300 000
200 000
100 000
0
en
k
ea
B
ta
P
dia
F
LF
n
AM
SP
SE
ec
ba
nk
rd
an
Al
No
ba
ed
Sk
els
Sw
nd
Ha
Savings Barometer Second Quarter 2010
18. Savings - Distributed by Assets
04-IV 05-II 05-IV 06-II 06-IV 07-II 07-IV 08-II 08-IV 09-II 09-IV 10-II
SEK m
2000000
1800000
1600000
1400000
1200000
1000000
800000
600000
400000
200000
0
Bank Trad Unit-linked Mutual funds Bonds Premium
deposits insurance ins Pensions
Savings Barometer Second Quarter 2010
19. New Savings Excluding Premium Pensions
SEK m Quarterly figures
70 000
60 000
50 000
40 000
30 000
20 000
10 000
0
05-I 05-II 05- 05- 06-I 06-II 06- 06- 07-I 07-II 07- 07- 08-I 08-II 08- 08- 09-I 09-II 09- 09- 10-I 10-II
-10 000
III IV III IV III IV III IV III IV
-20 000
-30 000
-40 000
Savings Barometer Second Quarter 2010
20. New Savings Excluding Premium Pensions
SEK m
12 month figures
200 000
180 000
160 000
140 000
120 000
100 000
80 000
60 000
40 000
20 000
0
05-I 05-II 05-III 05- 06-I 06-II 06-III 06- 07-I 07-II 07-III 07- 08-I 08-II 08-III 08- 09-I 09-II 09-III 09- 10-I 10-II
IV IV IV IV IV
Savings Barometer Second Quarter 2010
21. New Savings
Second Quarter 2010
Premium Pensions
Bonds
Mutual funds
U-L insurance
Trad insurance
Bank deposits
-15 000 -10 000 -5 000 0 5 000 10 000 15 000 20 000 25 000 30 000 35 000 40 000
SEK m
Savings Barometer Second Quarter 2010
22. New Savings
Second Quarter 2010
SPP
Alecta
AMF
Swedbank
Nordea
Handelsbanken
Folksam
LF
Skandia
SEB
0 2 000 4 000 6 000 8 000 10 000 12 000 14 000 16 000
SEK m
Savings Barometer Second Quarter 2010
23. Change of Total Savings
Second Quarter 2010
Premium Pensions
Bonds
Mutual funds
U-L insurance
Trad insurance
Bank deposits
Shareholdings
Housing
-60 000 -40 000 -20 000 0 20 000 40 000 60 000 80 000 100 000 120 000 140 000 160 000
SEK m
Savings Barometer Second Quarter 2010
24. Change of Total Savings
Second Quarter 2010
Others
Gov't
Alecta
SPP
SHB
AMF
Swedbank
Nordea
LF
Skandia
SEB
-30 000 -25 000 -20 000 -15 000 -10 000 -5 000 0 5 000 10 000 15 000
SEK m
Savings Barometer Second Quarter 2010
25. New Savings and Change of Savings Stock
SEK m
300 000
New Savings
Change of Savings Stock
200 000
100 000
0
05-I 05-II 05-III 05-IV 06-I 06-II 06-III 06-IV 07-I 07-II 07-III 07-IV 08-I 08-II 08-III 08-IV 09-I 09-II 09-III 09-IV 10-I 10-II
-100 000
-200 000
-300 000
Savings Barometer Second Quarter 2010
30. Household loans
(Change in per cent compared to previous year)
June 30 2010 + 8.4%
March 31 2010 + 8.8%
December 31 2009 + 8.5%
September 30 2009 + 7.7%
June 30 2009 + 7.3%
Savings Barometer Second Quarter 2010
