If a borrower is unable to repay its loan – either directly to the Debt Office or to a lender with a Debt Office guarantee – this results in a claim. When that happens, we strive actively to ensure that we receive as much repayment as possible from the borrower.
At the end of 2018, we had 95 claims on sole traders and small businesses. The claims mainly relate to smaller sums within agricultural and rural industries. The majority of these claims have been transferred to the Debt Office from the County Administrative Boards. Since most of these borrowers have a low capacity to pay, the possibilities of them repaying their loans are limited.
The largest of the Debt Office’s claims is that against Saab Automobile. In December 2011, the Debt Office paid Saab Automobile’s loan with the European Investment Bank, for which we had provided guarantees. Our claim against Saab Automobile is SEK 2.1 billion.
The Debt Office’s other claims amount to nearly SEK 480 million.