Nordea Bank AB (publ)
Nordea Bank AB: Second Quarter Results 2017
COPENHAGEN, DENMARK--(Marketwired - Jul 20, 2017) - Nordea Bank AB (
Temp : XHFT
Second Quarter Results 2017
CEO Casper von Koskull's comments on the results:
"In the second quarter, we have seen evenly distributed growth in our four Nordic home markets. The overall economic situation remains very solid although the geopolitical environment is increasingly unstable.
After a period of improved margins, we recently saw a stabilising margin trend, which we expect to continue. We are also seeing continued high activity in corporate advisory services and improved inflow in asset management operations. Customer activities in the capital markets have been lower this quarter due to low volatility. We have had very high activity in the quarter in our simplification and transformation projects, which has impacted the cost development. Credit quality is solid and we expect loan losses below the long-term average in coming quarters. We continue to build up and strengthen our capital position and the Common Equity Tier 1 ratio reached an all-time-high level of 19.2%.
As new initiatives have surfaced in Scandinavia about exploring to join the banking union, we would like to process this information before making a final decision in September about our domicile. The transformation programme is progressing according to plan, a key milestone has been reached in the Core Banking Programme, and approximately 28,000 Nordea employees have been engaged in the implementation of the new business culture."
Click on, or paste the following link into your web browser, to view the associated PDF document.
Information om Marketwired
Følg pressemeddelelser fra Marketwired
Skrive dig op her og du vil løbende modtage pressemeddelelser på mail. Indtast din mail, klik på abonner og følg instruktionerne i den udsendte mail.
Flere pressemeddelelser fra Marketwired
Silexica16.1.2018 14:31 | pressemeddelelse
Silexica partners with Fujitsu on next-generation base station projects
Banque Fédérative du Credit Mutuel SA10.1.2018 11:57 | pressemeddelelse
Banque Federative du Credit Mutuel SA: Pre Stabilisation Notice
Librestream Technologies Inc.4.1.2018 18:01 | pressemeddelelse
Librestream Advances its Onsight Platform with Expanded Content Management and AR Capabilities
Bombardier Transportation3.1.2018 16:01 | pressemeddelelse
Bombardier to Provide 54 Additional TWINDEXX Vario Double-Deck Coaches to Israel Railways
Bombardier Transportation28.12.2017 14:09 | pressemeddelelse
Bombardier to Provide 40 TRAXX Locomotives and Long-Term Fleet Maintenance to TX Logistik
Bombardier Inc.27.12.2017 16:41 | pressemeddelelse
Bombardier Completes Redemption of its 4.75% Senior Notes due 2019
I vores nyhedsrum kan du læse alle vores pressemeddelelser, tilgå materiale i form af billeder og dokumenter, og finde vores kontaktoplysninger.Besøg vores nyhedsrum