Q1 2021 Svenska Handelsbanken AB Earnings Call Transcript
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So good morning, everyone, and warm welcome to this call for the first quarter of 2021. Together with me today, I have our CFO, Carl Cederschiold; our Head of Group Financial Strategy and Investor Relations, Lars Hoglund; and Head of Accounting, Annika Engler. I will start by giving you an update on the overall strategic progression of the bank, and then Carl will walk you through the key financial topics for the quarter, followed by a Q&A. As usual, Lars will most likely jump in as well.
Despite the prevailing uncertainties relating to the pandemic, the bank recorded its best Q1 so far. Apart from the corporate borrowing, demand being a -- in a bit of a standstill year-on-year, but sequentially up 2%, the business momentum was strong. On the mortgage side, we have continued to be the biggest player in the Swedish market when it comes to net inflows. And the same goes for mutual fund savings in Sweden where we took 40% of the net inflows in the
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