January 28th marked a momentous day at SaveLend since it was our 10th anniversary! Ten years of collaboration, challenges and successes of which we are incredibly proud. We've celebrated this milestone by starting an anniversary lottery for our investors, as you've undoubtedly already seen. We will provide a lucky winner with monthly savings for 10 years! Read more further down.
For the past ten years, Ludwig Pettersson, who also founded the company, has been acting as our CEO and with his natural leadership style and incredible drive, he has built SaveLend Group to its current state. Yesterday he left his position due to illness, thus our CCO Peter Balod will take over the role of acting CEO, and the board has begun the search process for a new CEO for the company.
Here we present as usual the total average return for Balanced and Yield strategies for June 2023 – January 2024. The Balanced savings strategy has delivered an average return of 4.73% for the first eight months and Yield has delivered 5.45% accordingly.
Soon is the time to declare your taxes and you can see your annual statement for 2023 under "My account" → "Reports" on the platform. In the report, you will find all the details about the transactions that took place on your account during the past year. Remember that credit losses are deductible so don't miss the opportunity to get a better net return for 2023. Read our instructions on how to declare credit losses in Sweden.
If you live outside of Sweden and have investments here, you need to report earned interest to the tax authority in your country.
We would like to remind you about the terms for our anniversary lottery where you have the chance to win SEK 1,000 a month for 10 years! To qualify for the participation, you need to ensure that you have active monthly savings with a withdrawal of at least SEK 100 no later than February 28. Very simple! To the terms.
We are pleased with the high level of interest in our project finance offering. We weren't quite ready for the overwhelming response to our most recent project and didn't manage to notify our investors via email properly. But we are looking for ways to enhance our communication regarding new opportunities. Our FAQ for project finance.