Nordea Bank CEO on Earnings Outlook, Dividend, European Banks

The transcript covers Nordea's strong performance, strategic focus, and competitive positioning in the mortgage market. It discusses the relocation of Nordea's headquarters to Helsinki, the bank's dividend strategy, and its approach to digital transformation. The conversation also touches on Nordea's role in the changing European banking landscape, including acquisitions and partnerships. Finally, it addresses challenges in lending margins and the bank's future outlook.

What are some of the key areas where Nordea has shown improvement according to the speaker?

• Human resources and training

• Marketing and sales

• Product development and innovation

• Cost management and credit quality

How significant is the mortgage market to Nordea's overall income?

• It is not part of Nordea's income

• It is a minor part, around 7% of the income

• It constitutes 50% of the income

• It is the primary source of income

What is the timeline for Nordea's headquarters relocation to Helsinki?

• By the 1st of October

• By the 1st of January

• By the end of December

• By the end of November

What is Nordea's current dividend policy?

• A decreasing dividend policy

• A fixed dividend policy

• A progressive dividend policy

• No dividend policy

What recent acquisition did Nordea announce in Norway?

• NCD Insurance

• EMC Digger Bank

• Commerzbank

• SoC Gen

How does Nordea plan to grow in the changing European banking landscape?

• By exiting the European market

• By combining organic growth with tactical acquisitions

• By focusing solely on digital transformation

• Through organic growth only

In which country has Nordea seen more pressure on lending margins?

• Finland

• Norway

• Sweden

• Denmark