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
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Q4 2020 Nordea Bank Abp Earnings Call Transcript

Feb 04, 2021 / 08:30AM GMT
Release Date Price: $8.35 (+2.83%)
Matti Ahokas
Nordea Bank Abp - Head of IR

Good morning, and welcome to Nordea's Fourth Quarter 2020 Results Presentation. Here in Helsinki, we have our group CEO, Frank Vang-Jensen; Group CFO, Ian Smith; and Group Chief Risk Officer, CRO, Matthew Elderfield. My name is Matti Ahokas, Head of Investor Relations. As usual, we'll start with the presentation by Frank, and then we will take your questions. (Operator Instructions) With those words, I'll leave the floor to you, Frank.

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

Thank you, Matti, and good morning. Today, we have published our fourth quarter and full year results, and we are showing good progress. Before going deeper into the fourth quarter numbers, I'd like to reflect about 2020 as a whole. This time, last year, I summarized our fourth quarter results as the first steps in our new direction with the following words: the results reflects our priorities and are very much as planned. Now reflecting on our 2020 results, I'm happy to repeat the same message.

It

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