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

Q3 2023 Nordea Bank Abp Earnings Call Transcript

Oct 19, 2023 / 08:00AM GMT
Release Date Price: $10.98 (-1.44%)
Matti Ahokas
Nordea Bank Abp - Head of IR

Good morning, and welcome to Nordea's third quarter 2023 result presentation. Today, here in Helsinki, we have our CEO, Frank Vang-Jensen; our 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. Please remember to dial into the teleconference to ask questions.

And now, I'll leave the floor to our CEO, Frank Vang-Jensen.

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

A very good morning to you. Today, we have published our Q3 results. This quarter was once again characterized by ongoing uncertainty in the financial markets. The macroeconomic and geopolitical environment remained fragile.

Here in the Nordic region, we have so far coped well with the macro uncertainty. However, economic activity has slowed down. We are all learning to operate in a new environment after many years of low, zero and even negative interest rates. We are

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