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 2021 Nordea Bank Abp Earnings Call Transcript

Apr 29, 2021 / 07:30AM GMT
Release Date Price: $10.55 (+3.94%)
Matti Ahokas
Nordea Bank Abp - Head of IR

Good morning, and welcome to Nordea's First Quarter 2021 Results Presentation. Here in Helsinki, we have our group CEO, Frank Vang-Jensen and our group CFO, Ian Smith. My name is Matti Ahokas from Investor Relations. As usual, we'll start with a presentation by Frank, followed by the Q&A session. (Operator Instructions) With that, I'll leave the word to you, Frank. Please go ahead.

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

Thank you, Matti, and good morning. Today, we have published our first quarter results, which show continued progress and a strong performance.

Before going deeper into the first quarter numbers, let me begin with a couple of words on the current COVID-19 situation. I'm confident that we actually have many reasons to be optimistic, while remaining realistic. The vaccine rollout is progressing. Societies are gradually opening up, and the outlook for economic growth is positive. Naturally, the first quarter of the year has been a balancing act between

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