Swedbank CEO on 2Q Earnings, Higher Interest Rates

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.

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

• 10%

• 7%

• 5%

• 12%

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

• Sweden

• Estonia

• California

• Latvia

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

• 10%

• 12%

• 15%

• 20%

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

• 20-25%

• 15-20%

• 10-15%

• 5-10%

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

• High risk

• Moderate risk

• In line with strategy

• Uncertain

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

What was the outcome of the investigation by OFAC?

• No fines

• Fines of $2 million

• Fines of $4 million

• Fines of $6 million