Nordea issues innovative bond to fund sustainability-linked loans
The new framework allows investors to invest in Nordea's sustainability-linked loan financing activity that tackles climate change. Investors describe the new bond structure as an "innovative and creative" way to help drive the green transition.
Economic growth was strong in the first half of the year but is showing signs of weakness towards the end of the year. High energy prices are sapping consumers’ purchasing power at the same time as the slowdown in global economic growth is hampering exports. Meanwhile, falling housing sales will slow down construction.
Sweden's economy is weakening from a strong position
Rate hikes and high inflation are putting a damper on the Swedish economy, and unemployment will rise. A stabilisation is expected during 2024, but the recovery will be slow as the economy gradually adjusts to higher interest rates.
Swedish home prices are falling rapidly as households adjust to surging mortgage rates. The situation is not as serious as in the 1990s, but there is risk of a sharp price correction.
Sustainability in finance: Experiences one year down the road
Treasury and sustainability experts from leading Danish companies recently gathered at the Cash & Treasury Management Conference in Copenhagen to share their experience and practical advice when it comes to integrating sustainability into corporate financing.
How are Norwegian households affected by rising interest rates?
Strong price growth and higher interest rates will mean tighter finances for many Norwegian households. Below, we illustrate the consequences this will have on three families with the same income but different debt-to-income ratios. Lower savings, use of accumulated assets and more people in work will mitigate the impact on overall consumer spending.
The economic outlook is more uncertain than it has been for a long time. High price growth and rising interest rates will make these tough times for Norwegian households. The impact on consumer spending will be mitigated by lower savings and more people in paid work.
The Danish labour market has powered ahead in recent years. Job growth has been high and unemployment is approaching the lowest level since the early 1970s. But companies have had big recruitment problems and wage growth has been higher than abroad.
After a period of high growth, rising home prices and record-high employment, cooler winds are now blowing over the Danish economy. Households feel the impact of falling purchasing power and businesses are hurting from the slowdown in the global economy.
Omnichannel makes even more sense after the pandemic
The COVID-19 pandemic accelerated the omnichannel strategy of Nordic consumer electronics retailer Elkjøp. CEO Erik Sønsterud discusses the company's approach to creating a seamless online and in-store customer journey.
Nordea Group Chief Economist: Risk of recession in the Euro area is real
Inflation has reached the highest level since the early 1980s, and central banks seem determined to fight it through aggressive monetary policy. This is also the case in the Nordic countries where housing markets face a sharp slowdown.
E-commerce after COVID: It ain’t over till it’s over
Retail sales have been migrating online from stores for years. The pandemic gave a big boost to this migration, which has now eased off. In this Nordea On Your Mind podcast, Johan Trocmé and Viktor Sonebäck talk about what will come next, how the online share of retail sales could resume its structural growth trend, with demographics as a key driver.