Nordea Bank Abp (OTCPK:NRDBY)
$ 11.32 0.15 (1.34%) Market Cap: 39.55 Bil Enterprise Value: 188.06 Bil PE Ratio: 7.69 PB Ratio: 1.21 GF Score: 69/100

Q1 2019 Nordea Bank Abp Earnings Call Transcript

Apr 30, 2019 / 06:00AM GMT
Release Date Price: $8 (-1.84%)
Rodney AlfvÃ;n
Nordea Bank Abp - Head of IR

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Okay. So Welcome to this webcast where Nordea Bank Abp will present its first quarter results for 2019. We will start with the presentation of the group CEO and President, Casper von Koskull, and then you will have the opportunity to ask a few high-level questions to him before we end to a detailed Q&A session together with the group CFO, Christopher Rees, and me.

So Casper, please, the floor is yours.

Casper von Koskull
Nordea Bank Abp - President & Group CEO

Thank you, Rodney, and good morning, everybody. Let's dive into the highlights first, and then I'll go into more details.

First of all, when I look at the first quarter, we -- it contains still continued challenges with pressure on particularly household lending margins and tough market-making conditions. But pleasing to me is that I really see now effort -- the efforts to improve business momentum starting to show effect. We have improved our volume growth in household, our corporate volumes have also increased and

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