Nordea CEO Says Right Decision to Cut Bank From G-SIB List

The video discusses Nordea's commitment to responsible banking as part of the UN Roundtable, emphasizing sustainability and competitive advantage. It covers Nordea's reclassification as a non-global systemically important bank and its potential impact on dividends. The current market activity is analyzed, noting higher corporate demand and uncertainty, with expectations aligning with forecasts.

What is one of the main goals of Nordea's responsible banking initiative?

• To enable customers to adopt sustainable business models

• To increase short-term profits

• To expand into new global markets

• To reduce the number of clients

What recent decision was made regarding Nordea's classification as a bank?

• It was reclassified as a non-global systemically important bank

• It was classified as a global systemically important bank

• It was declared the largest bank in the Nordics

• It was merged with another major bank

What is the current focus of Nordea's financial strategy following its reclassification?

• Expanding into Asian markets

• Working under the SSM regime for the next 12-18 months

• Increasing interest rates

• Reducing the number of branches

How is Nordea's fourth quarter performance described?

• Below expectations with declining demand

• Struggling due to geopolitical tensions

• Exceeding expectations with significant growth

• In line with expectations with higher corporate demand

What effect does market uncertainty have on Nordea's services?

• It results in higher service fees

• It leads to more demand for certain services and products

• It decreases demand for services

• It causes a reduction in service offerings