Nordea Bank Abp (OTCPK:NRDBY)
$ 11.44 0.12 (1.06%) Market Cap: 39.97 Bil Enterprise Value: 188.31 Bil PE Ratio: 7.39 PB Ratio: 1.22 GF Score: 69/100
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Q4 2019 Nordea Bank Abp Earnings Call Transcript

Feb 06, 2020 / 07:00AM GMT
Release Date Price: $8.73 (+5.79%)
Rodney AlfvÃ;n
Nordea Bank Abp - Head of IR

© -

Good morning, and welcome to this webcast where we give the fourth quarter and full year 2019 results. My name is Rodney Alfvén, and I'm heading the Investor Relations at Nordea. We will start with a presentation by the President and Group CEO, Frank Vang-Jensen. That will then be followed by a Q&A session with Frank; the group CFO, Christopher Rees and myself.

So Frank, please.

Frank Vang;Jensen
Nordea Bank Abp - President & Group CEO

Thank you, Rodney. So good morning. Today, we have published our fourth quarter and full year results for 2019. Moreover, this has been the first quarter of the new phase of Nordea, and we have taken the first steps to deliver on our business plans and financial targets. The Q4 results reflects our priorities are now very much as planned. As a part of the first steps in our updated business plan, we announced a new organizational structure with clear roles and responsibilities and full accountability in the business areas. It means

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