Nordea CEO: No Need For Loss Provisions in Second Half

The transcript discusses the financial institution's strong credit quality and significant provisions for loan losses, with a buffer of €650 million. It covers the impact of lockdowns on fees and commission income, which is expected to improve. The low return on equity is attributed to substantial provisions, while the capital base remains strong. The institution is confident in its ability to pay dividends, pending ECB recommendations. The regional economic outlook is cautiously optimistic, with Nordic economies showing signs of recovery.

What is the return on equity for the current quarter?

What is the capital buffer percentage above the requirement?

What are the expectations regarding dividends in October?