
Interim result
Nordea is a safe and strong partner
Frank Vang-Jensen: “A strong and profitable bank like Nordea promotes stability and can deliver attractive services to support customers and society. In both good and challenging times.”
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Frank Vang-Jensen: “A strong and profitable bank like Nordea promotes stability and can deliver attractive services to support customers and society. In both good and challenging times.”
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We report yet another strong set of results in the first quarter despite the weaker economic environment. A strong and profitable bank like Nordea promotes stability and can deliver attractive services to serve and support customers and society.
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Frank Vang-Jensen: “We stood by our customers and the Nordic societies and delivered yet another strong set of results. Without the trust and loyalty of our customers, we would not be where we are today. Our way forward is to be the preferred partner for our customers.”
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We have continued growth in business volumes, driven by strong corporate lending despite higher economic uncertainty. For 2023 we expect a RoE above 13%.
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Frank Vang-Jensen: “The visibility in the current environment is low and we expect this to continue. However, we are well positioned to weather more difficult economic conditions, and we are here to support our customers and the Nordic societies.”
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In the second quarter we faced a changed economic environment. Nordea is well placed to weather more difficult economic conditions. We are ready to support our customers and will continue to make a positive contribution to the Nordic societies.
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Nordea performed well in the second quarter and maintained a strong business momentum, improved customer satisfaction and made progress in line with our business plan and key priorities.
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CEO Frank Vang-Jensen: “In the first quarter we continued to make steady progress, growing our business, driving high customer activity and gaining market shares across the Nordics. Nordea remains strong and stable despite the turbulent external environment.”
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Nordea remains stable and strong and continues to grow market shares despite the turbulent external environment. In 2022 we continue to expect to reach a return on equity above 11% and a cost-to-income ratio of 49–50%.
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CEO Frank Vang-Jensen: "2021 was a successful year. I’m proud of how we've progressed as a bank – with our customers. Customer satisfaction remained high, with our mobile app achieving top ratings in all four Nordic countries."
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Our financial result for 2021 and our new financial target have been published today.
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During the past two years we have consistently delivered on our key priorities: to create great customer experiences, drive income growth initiatives and optimise operational efficiency.
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