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

Q1 2022 Nordea Bank Abp Earnings Call Transcript

Apr 28, 2022 / 08:00AM GMT
Release Date Price: $9.85 (-5.29%)
Matti Ahokas
Nordea Bank Abp - Head of IR

Good morning, and welcome to Nordea's First Quarter 2022 Results Presentation. Here in Helsinki, we have our Group CEO, Frank Vang-Jensen; Group CFO, Ian Smith; and my name is Matti Ahokas from Investor Relations. As usual, we'll start with a presentation by Frank. And after that, you will have a chance to ask questions. (Operator Instructions)

With that, I leave the word to our CEO, Frank Vang-Jensen.

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

Good morning. Today, we have published our first quarter results. The start of '22 has been extraordinary. Within the first couple of months, we witnessed a new wave of the pandemic, followed by a rapid lifting of restrictions. And then the war in Ukraine started in late February, shaking our societal building blocks; piece, security and stability. Our thoughts are with all who are suffering, fearing for their life and worried for their loved ones.

We are carrying out our role in society, supporting our people and

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