Nordea Bank Is Focusing on Growing Momentum Income, Says CEO

The transcript discusses the bank's recent strategies, focusing on digital platforms and compliance, and its concentration in the Nordic markets. It highlights financial results, business momentum, and growth in market share and customer satisfaction. The discussion also covers potential share buybacks, capital policy, and the impact of negative rates on banking and mergers. Strategies for revenue growth and risk management are also explored.

What strategic focus has the bank adopted in recent years?

• Increasing physical branch locations

• Reducing its presence in the Nordic markets

• Investing in digital and compliance platforms

• Expanding into Asian markets

What is the bank's approach to driving income and business momentum?

• Growing market shares and new mortgages

• Focusing on cost reduction only

• Decreasing asset management inflows

• Reducing customer satisfaction

What is a potential action the bank might take regarding its shares?

• Merging with another bank

• Selling shares to competitors

• Issuing more shares

• Buying back its own shares

How do negative interest rates affect the banking sector according to the transcript?

• They increase bank profits

• They suffocate European banking players

• They have no impact on banks

• They encourage cross-border mergers

What has been a persistent problem for the bank over the past five years?

• Stable net interest income

• Increasing net interest income

• Decreasing net interest income

• Fluctuating net interest income

What strategy is the bank using to manage margin pressure?

• Reducing volume growth

• Decreasing customer satisfaction

• Focusing on fee commission lines

• Increasing high-risk activities

What has the bank done to refocus its operations?

• Reduced its digital investments

• Divested from non-core activities

• Expanded into high-risk areas

• Increased its global presence