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
Skriv dig op her og modtag pressemeddelelser på mail. Indtast din mail, klik på abonner og følg instruktionerne i den udsendte mail.
Flere pressemeddelelser fra Marketwired
Bombardier Transportation14.3.2018 15:16 | pressemeddelelse
Bombardier Secures Major Contract Extension to Maintain Trains for London Overground
Bombardier Transportation7.3.2018 16:02 | pressemeddelelse
Bombardier Wins Contract to Upgrade Singapore's Bukit Panjang Light Rail Transit Line
Bombardier Inc.15.2.2018 12:39 | pressemeddelelse
Bombardier Reports Fourth Quarter and Full Year 2017 Results
Bombardier Inc.14.2.2018 17:21 | pressemeddelelse
REMINDER/Media Advisory: Bombardier to report Fourth Quarter and Full Year 2017 Financial Results on February 15, 2018
Bombardier Inc.8.2.2018 17:01 | pressemeddelelse
Media Advisory: Bombardier to report Fourth Quarter and Full Year 2017 Financial Results on February 15, 2018
Lifesize, Inc.6.2.2018 08:01 | pressemeddelelse
Lifesize Drives Relentless Innovation, Boosts Customer Satisfaction With New Integrations, Features and Updates
I vores nyhedsrum kan du læse alle vores pressemeddelelser, tilgå materiale i form af billeder og dokumenter, og finde vores kontaktoplysninger.Besøg vores nyhedsrum