Annonce
Annonce
Annonce
News in english

Nordea presents best ever profit

In 2012, Nordea made its best ever profit.

Gem til liste

Danske Bank may have its problems, but Scandinavia’s largest bank Nordea is basking in profit, presenting its best ever earnings.

2012 pre-tax profit for Nordea was at DKK30.55 billion (EUR4.1billion), notching ahead of its hitherto record in 2007 of DKK30.2 billion (EUR4.04 billion).

Customer influx, capital and profitability were also at record levels.

““In 2012, we had more customers, more capital and higher profit than ever before. We are ahead of the plan that was established in 2011. On that foundation, we will shape the future of Nordea, with closer customer relationships, unchanged costs and increased return on equity,” says CEO Christian Clausen.

The accounts show that despite a lending growth of 3 per cent, risk-weighted assets were reduced by 9 percent.

Swedish taxes have also had their part to play in the positive result. An overall drop from 26.3 per cent to 22 per cent has left an extra DKK544 million in Nordea’s coffers.

Net interest income increased by 5 per cent while net loan losses fell by 27 per cent.

The bank says that global economic growth outlook remains weak, but says that Nordic economies have done better than economies in the rest of Europe.

“The Nordic economies overall continued to perform relatively well compared to the rest of Europe, benefitting from overall sound public finances,” the report says.

On Danish operations, Nordea said it ‘maintained solid business momentum in the fourth quarter’.

“The number of externally acquired Gold and Premium customers was more than 6,800 during the quarter and more than 28,000 for the full year 2012,” the report said, adding that the Danish netbank welcomed its customer number 1 million in December 2012.

But it said that continued uncertainty and low consumer confidence in Denmark have resulted in moderate consumer spending and a continuous focus on debt reduction.

FACEBOOK – Follow Politiken’s News in English

PolitikenPlus
  • And Den lå i vejkanten og er fotograferet i lyset af Martin Lehmanns billygter. Smuk var den. Og helt stille.

    Pluspris 1.300 kr. Alm. pris 1.495 kr. Køb
  • Frilandsand til jul Ænderne går frit rundt på beplantede græsarealer og har adgang til frisk vand og kan søge skygge under træerne. De fodres med majs og korn og ellers spiser de, hvad de finder af vegetation udendørs.

    Pluspris 325 kr. Alm. pris 400 kr. Køb
  • Juletræstog til Rosendal Besøg den hyggelige gård Rosendal i Nordsjælland og vend hjem med højt julehumør og selvfældet træ.

    Pluspris fra 168 kr. Alm. pris fra 168 kr. Køb
  • Spil: Blitz Blitz er et lysende hurtigt bestsellerspil, der vindes af den, som hurtigst kan aflæse kortene og snuppe den rigtige genstand.

    Pluspris 160 kr. Alm. pris 200 kr. Køb
  • Chips Der sker altid noget, når man fokuserer på individet.

    Pluspris 800 kr. Alm. pris 920 kr. Køb