IR News

17.07.2014 | Second Quarter Results 2014 published

CEO Christian Clausen’s comments on the results:

"The second quarter of 2014 was characterised by a continued inflow of customers and strong activity, particularly in our savings area and corporate advisory business. Income is holding up well, despite low lending demand, low interest rates and low volatility, and we continue to execute on our cost and capital efficiency programmes. Underlying costs are down in local currencies and cost to income ratio is 49%. The Common equity tier 1 capital ratio improved by 60 basis points to 15.2%.

"We are proud that still more households and corporates trust us with their banking business and savings. Our sector is transforming, with swiftly changing customer behaviour in the direction of using services and receiving advice online. We continue the work of adapting to the new demands to earn our customers’ trust as a relationship bank also in the future."

Download the full report (in English) PDF
View all the supplementary information





07.07.2014 | Silent period

As of 7th July we have entered our silent period before the publication of the Second Quarter Results 2014.




29.05.2014 | Moody's sets Nordea's credit rating on negative outlook

As part of a broad review of 109 European banks, Moody’s Investors Service has announced that Nordea Bank AB (publ), Nordea Bank Finland plc and Nordea Bank Norge ASA are among 82 banks to have their long-term credit rating set on negative outlook. The rating for each bank is unchanged and confirmed.





29.04.2014 | First Quarter Results 2014 published

CEO Christian Clausen’s comments on the results:

“In the beginning of 2014, activity picked up in our corporate advisory business and remains strong in the savings area, leading to an improvement in net fee and commission income of 13%. As we continue to see low lending demand and low interest rates, total income was largely unchanged compared to the first quarter 2013, although up 3% in local currencies. Operating profit increased by 6%, thanks to improved efficiency and better credit quality and the cost/income ratio decreased to 49% (51%). The fully loaded Basel III Common equity tier 1 ratio improved by 70 basis points to 14.6%. In this low-growth environment, we continue to execute on our cost and capital efficiency programmes and capture business opportunities with our customers.”

Download the full report (in English) PDF
View all the supplementary information





25.04.2014 | Restated figures for Q1/14 results

In advance of the forthcoming publication of the First Quarter Results 2014, you are invited to download restated business area figures. Excel




10.04.2014 | Information about the First Quarter Results 2014

Nordea's First Quarter Results 2014 will be published on Tuesday 29th April at approximately 07.00 CET. All supplementary report material will be available online shortly after.

Christian Clausen, Group CEO will conduct his presentation of the results at a press conference beginning at 09.00 CET, as usual this will be webcasted on Nordea.com/IR. The International Telephone Conference with members of Group Executive Management will will be held at 14.30 CET.

Full details of these Q1/2014 events are available hereOpens new window




07.04.2014 | Silent period

As of 7th April we have entered our silent period before the publication of the First Quarter Results 2014.




26.03.2014 | Nordea best bank in the Nordic region

Global Finance magazine recently announced the winners of its annual "World’s Best Banks" awards. For the second year in a row, Nordea won in the category of Best Bank in the Nordic region. Finland, Denmark, Estonia and Latvia also won the awards of best bank in their respective countries.

The award recognises banks that best act according to the needs of customers, while laying the foundation for the bank’s future. The awards are based on the banks’ business development. "I am naturally delighted about this recognition from Global Finance. It is testimony to the fact that we are focusing on the right things and creating value for our customers and shareholders," comments CEO of Nordea, Christian Clausen.

"We are clearly one of the strongest banks in Europe, but competition on the financial market is stiffening, and demand and investment needs are low. We are therefore continuing to follow our plan to create the future relationship bank, with a clear focus on reducing complexity and enhancing efficiency," continues Christian Clausen.

Read more about the award on Global Finance’s website




26.03.2014 | Press release round-up: March

The month of March has been another busy month for official Nordea Group news. If you've missed any of of our recent press releases, catch up below.

03 March | Polish Financial Supervision Authority approval for sale of Nordea Bank Polska

12 March | Economic Outlook

20 March | Decisions by Nordea’s AGM 2014

21 March | Mads G. Jakobsen appointed Deputy Head of Retail Banking

24 March | Nordea to divest all its shares in Nets Holding A/S

 

Never miss another press release - subscribe here.




12.02.2014 | Annual Report 2013 and Pillar 3 report published online

Direct links to files:

Annual Report 2013 (PDF)
Capital and Risk Management Report 2013 (Pillar 3) (PDF)



10.02.2014 | Nordea’s Annual General Meeting on 20 March 2014

The Board of Directors of Nordea Bank AB (publ) summons shareholders to the Annual General Meeting on Thursday 20 March 2014 at 13.00 in Aula Magna, Stockholm University in Stockholm according to the notice below.

Invitation with agenda (PDF)



07.02.2014 | Shipping, Offshore & Oil Services presentation

Hans Christian Kjelsrud, Head of Shipping, Offshore & Oil Services will present the status of Nordea's shipping and offshore business in London today (Friday 7th February 2014).

The presentation begins at 14.00 CET (13.00 GMT) and will be broadcast live via webcast and the video will be available for viewing on-demand shortly after conclusion.

The presentation slides will be available for download from around 14.00 CET (13.00 GMT) on the day of the event.

View the webcast (live and on-demand)
Presentations page




29.01.2014 | Fourth Quarter and Full Year Results 2013 published

CEO Christian Clausen’s comments on the results:

"2013 was another year of low growth and interest rates declined to record-low levels. In this environment, we delivered a stable income level (in local currencies) and saw a continued inflow of relationship customers. For the 13th consecutive quarter, we have kept costs flat. Loan losses decreased by 17% and the operating profit increased by 3% (both in local currencies). The core tier 1 ratio has improved by 180 basis points to 14.9%, due to modest loan demand, strong capital generation and continued efficiencies. The Board of Directors proposes a dividend of EUR 0.43 per share (EUR 0.34).

We expect that the economic growth and the interest rates levels will stay low for a prolonged period of time. Thus, we expect that the loan demand and customer activity will be at a lower level than we foresaw last year when we announced our plans for the future relationship bank. As a consequence we will accelerate and expand our cost efficiency programme. This will enable us to adjust our capacity to the lower activity level and to maintain our position as a strong bank."

Download the full report (in English) PDF
View the supplementary information




14.01.2014 | Information about the Fourth quarter and Year End results 2013

Read full details of all Q4 events in this press releaseOpens new window

Full details about the forthcoming Fourth quarter and Year End results 2013 have been announced.

The report will be published on Wednesday 29th January around 07.00 CET via press release and shortly after on Nordea.com/IR.

Group CEO, Christian Clausen will present the results at a press conference at 09.00 CET. A Q&A for analysts will follow with Group CFO, Torsten Hagen Jørgensen and Group CRO, Ari Kaperi.

An international telephone conference will be held at 14.30 CET with Group CEO, Christian Clausen, Group CFO, Torsten Hagen Jørgensen and Group CRO, Ari Kaperi. Both events will be transmitted live by webcast on this website.

If you wish to receive future press releases about interim reports and other Group information directly, subscribe here.




23.10.2013 | Third Quarter Results 2013 published

Delivery on income, costs and capital

CEO Christian Clausen’s comments on the results:

“Despite the current low-growth environment with low interest rates, Nordea’s income increased by 3% in local currencies (up 1% reported) compared to the third quarter 2012, primarily driven by savings-related income. Costs are down somewhat in local currencies (down 3% reported) and loan losses are down by 26% (28%), leading to a 15% (12%) increase in operating profit.

We have welcomed 87,000 new relationship customers in the last 12 months and World Finance has named us the Best banking Group in the Nordics.

Core tier 1 ratio has improved by 2.2 %-points to 14.4% mainly due to strong capital generation and strict volume discipline. Cost efficiency continues to be high on the agenda and we see our initiatives delivering better than expected.

Credit quality continues to improve, especially in Shipping. Loan losses in the Group decreased to 20 basis points and impaired loans were largely unchanged.”

Download the full report (in English) PDF
View the supplementary information




09.10.2013 | Nordea acknowledged in climate change report

Nordea has been acknowledged as a Nordic leader in disclosing climate change data in this year's Nordic Climate Change Report. The report shows how the world's largest listed companies act in response to a changing climate.

The Nordic Climate Change Report is used by investors that take climate change into consideration when making investment decisions.

"Knowing the financial performance of a company is no longer enough to predict future performance. Environmental, social and governance aspects are demanded by existing and potential shareholders. That is why Nordea's Sustainability and Investor Relations staff cooperate to provide the information that analysts and investors need today", says Rodney Alfvén, Head of Investor Relations at Nordea.

This is the third year in a row that Nordea is ranked as a Nordic leader, scoring 93 out of 100 possible disclosure points.

Read more about Nordea's CSR work




09.10.2013 | Information about the Third Quarter Results 2013

Read full details of all Q3 events in this press releaseOpens new window

Full details about the forthcoming Third Quarter Report 2013 have been announced.

The report will be published on Wednesday 23rd October around 07.00 CET via press release and shortly after on Nordea.com/IR.

Group CEO, Christian Clausen will present the results at a press conference at 10.00 CET. A Q&A for analysts will follow with Group CFO, Torsten Hagen Jørgensen and Group CRO, Ari Kaperi.

An international telephone conference will be held at 14.30 CET with Group CEO, Christian Clausen, Group CFO, Torsten Hagen Jørgensen and Group CRO, Ari Kaperi. Both events will be transmitted live by webcast on this website.

If you wish to receive future press releases about interim reports and other Group information directly, subscribe here.




07.10.2013 | Silent period

We have now entered the silent period in advance of the Third Quarter Report publication which will be on Wednesday 23rd October at 07.00 CET.




19.07.2013 | Blog: Capital massive theme this quarter

After releasing the result for the first half of 2013, we have spent two days presenting and discussing the numbers for employees, the media and Mr. Market.

We have had two general presentations, two lunch presentations and 14 bilateral meetings and met over 100 journalists, analysts and investors. Every quarter, there are themes that characterise the meetings and this time the general themes have been Nordea’s capital strength and its capability to distribute capital to shareholders. Our message is pretty simple; high earnings capacity and efficient usage of capital will enable to distribute “a lot” of capital. As always, the final decision will be made by the Board of Directors in relation to the 2013 result presentation but it is pretty obvious that the dividend paid out in March 2014 will be higher than previous year.

We are also proud to be able to maintain a high and stable result, despite the challenging macro situation, given that we have been able to strengthen our customer relations, increase cost efficiency and maintain a robust credit quality.

Following many years of investments in expertise, products and IT systems we have now reinforced our position as the leading corporate bank in the Nordics, and we have welcomed more than 23,000 new relationship customers in the quarter.

In Denmark and our shipping franchise, where we have seen the bulk of loan losses, we now see a clear stabilisation of the credit quality and we are particularly happy to see that Danish house prices are improving, as well as the consumer confidence.

This week, the Financial Times has reported that the EU commission intends to introduce a cap on the interchange fees that card issuing banks charge card processing banks when consumers use their debit and credit cards. The impact for Nordea will be very limited. Our total fees in this segment are approximately EUR100m annually and the impact from a new cap will only be a fraction of that number, or a few million EUR.

From now on we will take a long vacation. I will be introducing my little daughter to pre-school and will be back in late August.

Rodney Alfvén, Head of Investor Relations




17.07.2013 | Second Quarter Report 2013 published

Strengthened customer relations, flat costs and higher capital

CEO Christian Clausen’s comment to the report:

"In the uncertain macroeconomic environment, we continue to deliver on our plan on income initiatives, cost efficiency and improved capital position. In the second quarter, 23,000 new relationship customers were welcomed to Nordea and we have reinforced our position as the leading corporate bank in the Nordics and Baltics.

"The recently published Prospera survey shows that large companies in the Nordics rank us the best bank in the Nordics, which was confirmed by the Euromoney awards "Best Bank" and "Best Investment Bank" in the Nordics and Baltics.

"Total expenses have been unchanged for 11 consecutive quarters. Core tier one capital ratio improved to 14.0% and the pro forma Basel III core tier 1 capital ratio is at least 14.0%.

"We see a continued stabilisation of our credit quality. Loan losses declined to 22 basis points in the second quarter 2013. Loan losses in Denmark and shipping declined."

Download the full report (in English) PDF
View the supplementary information




12.07.2013 | Restated business area figures for Q2/13 report

In advance of the forthcoming publication of the Second Quarter Report 2013, you are invited to download restated business area figures, including changes following the agreement to divest the Polish operations.

Download business area figuresExcel




09.07.2013 | Restated group level figures for Q2/13 report

In advance of the forthcoming publication of the Second Quarter Report 2013, you are invited to download the restated income statement at group level following the agreement to divest the Polish operations.

Download group level figuresExcel




03 July 2013 | Information about the second quarter report 2013

Nordea’s second quarter report 2013 will be presented on Wednesday 17 June 2013. The results will be online around 07.00 CET and the presentations will be streamed live on nordea.com.

See the official Q2 2013 press release for full detailsOpens new window




16 May 2013 | Blog: From the capital of Italy to the capital of Nordea

After a few relaxing days in Rome, watching tennis, eating pasta and walking almost 60km to see all the things you must see in the ‘Eternal City’, it’s time to get back to work.

I have received some questions on how we will be affected by the rate cut in April, and the answer is; rather limited. This rate cut from the ECB was widely anticipated and therefore we were well positioned for this.

We have also updated our Debt presentation which includes a few new slides with interesting data about our asset encumbrance. Download the presentation hereOpens new window.

We have recently spent a few days meeting investors in London and Edinburgh. The themes are very much the same in all the meetings right now: ‘how do we see top-line evolving going forward’, ‘will we continue to keep costs flat’, ‘how do we view the loan loss situation and ‘how do we expect our Core Tier 1 ratio to develop going forward’?

It is quite clear that the biggest uncertainty from investors relates to the capital situation, especially how we will be affected on CRD IV (which most likely will be implemented at year-end) and how our RWA’s will be affected by model approvals.

On the first question, we expect a reduction of Core Tier 1 ratio by approximately 110 bps. On the second question, we still expect to get an approval for the biggest roll-out, the Advanced IRB for the corporate book within this quarter. Then we have some smaller roll-outs were we expect to get the approvals in the later part of this year. The bottom line is that we still expect to have a Core Tier 1 ratio of above 13% with a fully loaded Basel III balance sheet.

I will end this week, mostly meeting investors and analysts, but also by watching the Quarter-Final in the Ice Hockey World Championships where I expect Sweden to send home Canada from the tournament (yes, I believe in miracles!).

Next week I will back in the skies heading to San Francisco for the Credit Suisse Equity Conference. The upcoming weeks will be busy too with Nordea presenting at the Sampo Capital Markets Day in London, the Deutsche Bank Global Financial Services Conference in New York and at the Goldman Sachs Annual European Financials Conference in Brussels, followed by roadshows to Paris and Geneva.

Rodney Alfvén, Head of Investor Relations




24 April 2013 | Blog: Delivery day

Today we release our result for Q1/13. As always it is a very hectic day; we release the report at 7am, host a press conference at 9.30am, an investor lunch at 12.30pm, an international telephone conference at 2.30pm before flying to London. We end the day with an investor dinner in the West End. This is then followed by a full day of meetings on Thursday, where we meet investors, discuss the results, trends in the market and how we view the future.

In the Q1/13 report we focus a lot on our delivery on the financial plan which we presented at the capital markets day in London last month. Although the macro environment has been somewhat challenging, with low interest rates and low activity level, our initiatives on income, costs and capital have had a clearly positive impact on the result. Our results, adjusted for one-off related items, have actually improved by 8% compared to previous quarter. This is coming from repricing of lending, efficiency initiatives and more than 20,000 new customers to the bank.

We are also pleased to see that we have further strengthened our balance sheet, despite negative effects from regulatory changes. As capital is a scarce resource in the New Normal, we work hard to find more capital efficient solutions for our customers. So, as an example, 82% of all our premiums sold, are capital light products.

Rodney Alfvén, Head of Investor Relations




22 March 2013 | Blog: A challenging and interesting week

On Monday and Thursday evenings I was in Gothenburg and Malmö to meet with Nordea’s Retail Banking organisation together with Hans Jacobson, Head of Banking Sweden and a few others.

It was very inspiring to meet them and to hear testimonies about good customer experiences, as well as how they are out in schools teaching local children about personal economy. Those meetings make me proud and further convince me that the best way to create shareholder value is to have committed employees, who create value for our customers.

In between those two events, I was in London with Nordea’s CEO Christian Clausen at the Morgan Stanley European Financials Conference. We met with approximately 35 investors in individual meetings and over 30 investors over dinner. Additionally, Christian made a presentation to around 150 investors. It is obvious that investors are currently focusing on two things: “When will the Swedish government sell its 13.5% stake in Nordea?” and “How will our capital position develop?”

When it comes to the government stake, we have really nothing to add, as this is up for the Swedish government to decide upon. However, we now have a mandate to buy back up to 10% of the shares, so if the government decides to sell on the market, we can now buy on the market.

When it comes to the capital, we have disclosed that our risk-weighted assets will be largely unchanged between now and end of 2015, which means that our capital-needs will be very limited in the coming years, enabling Nordea to distribute a very large part of our profits to shareholders in the coming years. An important part of this plan is our roll-outs, which will have a positive effect on our risk-weighted assets. The most important roll-out is for our corporate book and there we expect to get the approval during the first half of 2013.

Rodney Alfvén, Head of Investor Relations




05 March 2013 | Blog: Ready for the Capital Markets Day

Nordea will host a Capital Markets Day in London tomorrow (Wednesday 6th March). During 4 hours we will present our strategy, financials, credit quality and our three business areas. There will also be time to ask questions to our Group Executive Management.

We are keen that analysts and investors have a thorough understanding of our Group in terms of current and future performance but also some key characteristics of Nordea; our unique position in the Nordics, our superior customer franchise, and our diversification that delivers stable earnings, good credit quality and solid growth over time. We have produced some 125 slides that were finalised early this morning, and now we are at the venue in London and completing the preparations for tomorrow.

Our aim with tomorrow’s event is that the market will have a better understanding about our cost and revenue performance, development in credit quality, capital and profit and our capital distribution capacity in the next three years. We also aim to deepen the understanding of how the business areas will contribute to the Group performance.

You are most welcome to follow the presentations at Nordea.com between 10am and 2pm CET.

The Capital Markets Day will be followed by a roadshow to Boston and New York where we will meet our US investors in individual or smaller group meetings.

Rodney Alfvén, Head of Investor Relations




11 February 2013 | Blog: Report day

Today we publish three very important reports; the Annual Report 2012, the Capital and Risk Management (Pillar III) Report 2012 and our CSR Report 2012. All in all, it’s 346 pages of useful and juicy information about Nordea.

Our Annual Report 2012PDF is a 216 page description of everything you need to know about the financials of Nordea, but it also includes a comprehensive description about our business model, strategy and our customers. In the description of the business areas we have included interviews with some of our customers, in order to include some more flesh and blood in the report.

Our Pillar III Report 2012PDF describes the governance of our risk and capital management, obviously a key area for any bank, and perhaps even more for a AA-rated bank like Nordea. In this report you will get a very detailed description about our risks, from a credit, market and operations perspective, but also from a liquidity and funding perspective, as well as our life operation. In addition you will find info about our capital position.

Our CSR Report 2012PDF (Corporate Social Responsibility) describes our thinking and actions within this area of increasing importance, both from a customer and shareholder perspective, given our role as a corporate citizen and our role to provide long-term stability. In this report you will learn more about our new sustainability policy, our corporate governance and how we reduce our eco footprint. An interesting observation is that 31% of Nordea’s shares are owned by responsible investors.

Rodney Alfvén, Head of Investor Relations




04 February 2013 | Blog: A hectic reporting week is over

Last week was very hectic. On Monday and Tuesday we put the final touches to our full year report. On Wednesday at 7 am it was published and then we held press, analyst and telephone conferences before leaving for London. I spent 16 hours in London, 16 hours in New York and 16 hours in the air before the weekend. In London there were eight of us presenting the report to investors, and in New York the CEO Christian Clausen and I did the honours. All in all, we met with 56 investors.

It is inspiring to meet international investors following the publication of an interim report. As there were few surprises in the report, the meetings focused on our business model, and how our diversification can generate high and stable returns over time.

We talked about our new capital policy and how cost and capital efficiency, expressed in our new financial plan, will enable us to distribute significant amounts of capital to shareholders over the coming years. We also discussed how we expect margins, volumes and credit quality to develop.

Today marks the start of a new week. The preparations for our Capital Markets Day, which will be held in London on 6 March, are in full swing. At the Capital Markets Day we will make a comprehensive presentation of the Group's strategy, financial plan, credit quality and the three business areas. Then we will continue to the US to meet investors. Invitations will be sent out soon.

Rodney Alfvén, Head of Investor Relations



28 January 2013 | Restated Retail Banking figures prior to Q4/2012

In advance of the forthcoming publication of the Fourth Quarter and Full Year Report 2012, you are invited to download restated Retail Banking figures. Excel




18 January 2013 | Reminder: Fourth Quarter and Full Year Results

Nordea’s Fourth Quarter and Full Year Results for 2012 will be presented on Wednesday 30th January 2013. The result material will be online just after 07.00 CET and the presentations will be streamed live on nordea.com.

Please note that there is a change to the normal presentation schedule this quarter. The analyst presentation, which normally follows directly after the press conference, will now be held at 12.00 CET.

Read the press release for full details




28 November 2012 | Nordea awarded Bank of the Year in Western Europe

Nordea has been named Bank of the Year among the leading European banks for 2012 by 'The Banker' owned by the Financial Times. Nordea is the first-ever Nordic winner of the award.

Read more about this awardOpens new window




24 October 2012 | Third Quarter Report 2012 published

New Normal plan delivers on cost, capital and income

CEO Christian Clausen’s comment to the report:

"65,000 new household relationship customers and a further strengthening of relations with corporate customers have led to the highest ever income and operating profit in the first nine months of a year, despite the low interest rates.

"We continue to increase efficiency in line with our New Normal plan. Expenses remained flat and the core tier 1 capital ratio increased to 12.2%. We are fully compliant with liquidity requirements and have excellent access to the international funding markets. Income was lower than last quarter, but has never before been this high in a third quarter. For the first three quarters of the year, income increased by 10% and operating profit by 14%."

Download the full report PDF
View the supplementary information




9 October 2012 | Information about the third quarter report 2012

Nordea’s third quarter report 2012 will be presented on Wednesday 24 October 2012. The results will be online just after 07.00 CET and the presentations will be streamed live on nordea.com.

See the Q3 2012 press release for all the detailsOpens new window




27 September 2012 | Annual General Meeting 2013

The date for Nordea's AGM in 2013 will be Thursday 14th March. More information about the event will follow over the coming months.




19 September 2012 | New presentations added

September is a busy month for Nordea IR with participation in many large conferences and events.

On the 10th, CFO Fredrik Rystedt spoke at the Handelsbanken Nordic Large Cap SeminarPDF in Stockholm and on the 19th there were two conferences. Head of Group Treasury Niklas Ekwall spoke at the KBW European Financials ConferencePDF in London, while the Head of Group Capital and Risk Modelling, Louise Lindgren was at the UBS Nordic Financial Services ConferencePDF in Stockholm.

View all our presentations




29 August 2012 | Nordea Hypotek publish half-year reports

Nordea Hypotek AB have published half-year reports in both Swedish and English. They can be downloaded below.

Reports: EnglishPDF | SwedishPDF




04 September 2012 | New Economic Outlook report

Nordea Markets have released their latest Economic Outlook report entitled 'Slow speed ahead'.

Despite the Euro area being on the brink of recession, and activity in the US and the rest of the global economy slowing over the summer, Nordea Markets believe that better times are ahead - although the uncertainty is still high.

Read more on nordeamarkets.com




29 August 2012 | Nordea Hypotek publish half-year reports

Nordea Hypotek AB have published half-year reports in both Swedish and English. They can be downloaded below.

Reports: EnglishPDF | SwedishPDF




18 July 2012 | Second Quarter Report 2012 published

Strong income and solid cost control

CEO Christian Clausen’s comment to the report:

"We maintained good business momentum and increased return on equity despite continued pressure on interest rates, financial turmoil and the slowdown in European economic activity.

"We have continued to make progress in building the future bank. The execution of our New Normal plan has led to more business and growing income, while costs have remained stable and efficiency in capital, liquidity and funding has increased.

"By taking early action, Nordea has maintained a strong rating and thus been able to continue to support customers in developing their family finances or corporate businesses. This is our most important contribution to growth and development in the societies where we operate."

Download the full report in English PDF
View the supplementary information in English

The report in other languages: DanishPDF | FinnishPDF | NorwegianPDF | SwedishPDF




07 June 2012 | New Economic Outlook report

Nordea Markets have released their latest Economic Outlook report.

In the analysis, Nordea reiterates the forecast for global economic growth in 2012, while lowering the forecast for 2013. The report also shows that the Nordic economies remain strong compared to the rest of Europe.

Read the entire report on nordeamarkets.com




01 June 2012 | Second Quarter Report published on 18th July

Nordea will present results for the second quarter on 18th July.

The report and supplementary material will be available on online from around 07.00 CET.

A press release with further details will be sent out in advance of publication.




24 April 2012 | First Quarter Report 2012 published

High earnings power and further progress in change agenda

CEO Christian Clausen’s comment to the report:

"Nordea’s strong business momentum continues. We welcomed 22,000 new relationship customers from outside the bank, our new apps more than doubled the number of active mobile bank customers and we strengthened our market-leading position with the largest corporates in the Nordic countries.

Profitability is maintained at a high level, with ROE close to 12%. It is encouraging to see our earnings power despite low interest rates, slow growth and the comprehensive change agenda we are pursuing to build the future bank business model.

Costs are kept under strict control and we have continued to build a stronger capital position and balance sheet. In the quarter, our core tier 1 capital ratio increased by 0.4 %-point to 11.6%."

Download the full report PDF
View the supplementary information




20 April 2012 | Restated business area figures prior to Q1/2012

In advance of the forthcoming publication of the First Quarter Report 2012, you are invited to download restated business area figures. Excel




11 April 2012 | Nordea recognised with two awards

Nordea are pleased to announce that they have been chosen for awards by two finance publications - as "Best Debt Bank in the Nordic region" and "Best Arranger of Nordic Loans 2011".

Global Finance each year appoints the world’s best investment banks in different categories. This year, in the category “Debt banks”, Global Finance awarded Nordea as the best debt bank in the Nordic Region. The editors of the magazine, with input from industry experts, used a series of criteria—including market share, number and size of deals, service and advice, structuring capabilities, distribution network, efforts to address market conditions, innovation, pricing, after-market performance of underwritings and market reputation—to select the winners. Deals announced or completed in 2011 were considered.

Euroweek pronounced Nordea the “Best arranger of Nordic loans 2011” in their yearly Syndication Loans & Leveraged Finance awards. This award is decided by the market participants themselves, and the results are based solely on a poll of investors, borrowers, private equity houses and banks working in the market and which was carried out in November 2011.