Swedbank CEO on 2Q Earnings, Higher Interest Rates

Swedbank CEO on 2Q Earnings, Higher Interest Rates

Assessment

Interactive Video

Business

University

Hard

Created by

Wayground Content

FREE Resource

The transcript discusses the financial strength of a company, highlighting a 7% increase in net interest income and a return on equity of 20.4%. It explores the impact of interest rates on customer offers and the economic outlook for Sweden and the Baltics, noting concerns about inflation and real estate market risks. The conversation also addresses investor concerns and ongoing legal issues related to money laundering investigations.

Read more

7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the reported increase in net interest income during the quarter?

10%

7%

5%

12%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which region offers over 4% interest for locking money for a year?

Sweden

Estonia

California

Latvia

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the company's long-term goal for return on equity?

10%

12%

15%

20%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected decrease in real estate prices according to the company?

20-25%

15-20%

10-15%

5-10%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the company view its exposure to the real estate sector?

High risk

Moderate risk

In line with strategy

Uncertain

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the cost of risk reported for the quarter?

0.08 basis points

0.06 basis points

0.02 basis points

0.04 basis points

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the outcome of the investigation by OFAC?

No fines

Fines of $2 million

Fines of $4 million

Fines of $6 million