Swedbank CEO Says `So Far, So Good' About Negative Rates

The CEO of State Bank discusses the bank's focus on execution and strategy, particularly in the retail banking sector across Sweden and the Baltic countries. The conversation covers challenges posed by negative interest rates and credit demand, with a focus on mitigating these through increased mortgage volumes. The CEO also addresses the impact of negative rates on institutional clients and the bank's return targets, emphasizing the importance of high profitability and cost efficiency. Board decisions on dividend payout ratios and financial targets are also highlighted.

What are the CEO's thoughts on achieving a return target of 15%?

What is the dividend payout ratio target mentioned by the CEO?