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Half-year results 2021


Summary of the quarter:
Strong result, with high income growth. Operating profit increased to EUR 1,338m from EUR 306m in the same period last year, driven by a significant increase in total operating income, strong cost control and low loan losses. Net interest income grew by 13% and net fee and commission income increased by 30%. Net fair value result was solid and at a more normalised level than in the first quarter.
Continued strong growth in customer business volumes across Nordics. Nordea drove high levels of business activity and gained market shares across the Nordics. Mortgage volumes continued to grow significantly, increasing by 6%, year on year, and SME lending increased by 8%. Assets under management increased by 24% to an all-time high of EUR 387bn, driven by strong performance and continued solid net inflows, especially into retail funds and Private Banking. ....

Eteläuomen Läi , Ulrika Romantschuk , Ian Smith , Frank Vang Jensen , Nordea Bank Abp , Private Banking , Our Group , Nordea Bank , Nordea Finance Equipment , Half Year Financial Report , Personal Banking , Business Banking , Large Corporates , Wealth Management , Equity Tier , Investor Relations , Nasdaq Helsinki , Nasdaq Copenhagen , Nasdaq Stockholm , ஈயந் ஸ்மித் , வெளிப்படையான வாங் ஜென்சன் , ப்ரைவேட் வங்கி , அவர் குழு , பாதி ஆண்டு நிதி அறிக்கை , தனிப்பட்ட வங்கி , வணிக வங்கி ,