Purpose to have 2022 surpassed from inside the 2021 – the newest address to have 2025

Purpose to have 2022 surpassed from inside the 2021 – the newest address to have 2025

Purpose to have 2022 surpassed from inside the 2021 – the newest address to have 2025

Sustainability is at the newest key of your means – incorporated into all aspects of one’s business, from your product providing to the financial support we proceeded to cultivate our services and you will tool offering within resource and you will investment management. Total eco-friendly financing increased to help you EUR 9.7bn, trader demand for the ESG coupons issues stayed large and in addition we remain the major-ranks bank to possess Nordic sustainable securities.

We had been once more rated one of the top 100 really sustainable agencies global because of the Corporate Knights – truly the only Nordic financial about positions

Most of these facts resulted in a powerful complete-year monetary results. The 2021 performing finances is over EUR cuatro.9bn, that is 67% higher than from inside the 2020, and you may all of our return on the security was 11.2%, up away from 7.1% just last year.

On next one-fourth we continued and also make regular improvements, increasing our very own company and you will consumer activity relative to early in the day quarters and having income to your security of eleven.3%. Our key attract remains for the growing earnings shorter than just costs. This one-fourth, our very own pricing-to-income proportion improved in order to 47% out of 57% a year ago.

Our credit high quality stays strong, with websites financing losings off 7bp inside the quarter. I left our very own management reasoning barrier undamaged on EUR 610m just like the this new perception of your own pandemic for the all of our people remains undecided.

In 2021 total, all of our net financing losses was basically only 1bp, weighed against 35bp in the 2020

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I will still be very committed to using a competent money design. Our very own funding electricity is one of the finest in Europe, that have good CET1 ratio off 17.0%, that is six.8 commission issues above the latest regulating requirement. This means we could still service our customers, pay out dividends and you can deploy excessive funding – benefiting each other the investors and society in particular.

Highlighting all of our very good economic performance and you will resource status, our Panel has actually recommended good 2021 bonus around EUR 0.69* for every single display – a critical increase towards the bonus of EUR 0.39 for every express to have 2020. That it translates to a payout ratio from 70%, prior to our dividend plan.

At the same time, the share purchase-back programme continues on. So far, we have deployed 75% of your initially EUR 2bn structured, which have bought right back 141m offers from our investors. We envision express purchase-backs to be a part of our capital government and you may recorded an official software to the ECB inside the me.

To have 2022, we be prepared to submit money towards the equity significantly more than eleven%, with went on profitable development, and you will our very own cost-to-earnings proportion is expected become 44–50%. Within the 2021 the purchase price-to-money proportion benefited away from exceptionally highest economic market money so we expect to purchase getting continued development and also to sustain highest regulatory will cost you during the 2022, such as the Swedish lender taxation. The working overall performance will continue to increase therefore we predict the pricing-to-money ratio to store to the decreasing from the upcoming decades.

Inside the i released yet another proper guidance to have Nordea. That have challenging economic plans having 2022 and you can a current business strategy, our aim would be to take forgotten surface in business and you can improve our very own monetary performance. We decided to work at about three secret concerns: to help make high customers knowledge, drive money gains initiatives and optimize operational performance.

Our company is most worried about delivering on our needs and you may concerns. I am happy that we enjoys surpassed all of our 2022 monetary goals that coming year away from plan and therefore all of our business section possess satisfied its particular goals.

I might define our most recent updates because the an essential milestone. Today we’ll move on to transmit best-in-category omnichannel customer experience, enhance the pub on the our monetary efficiency and you can push after that value manufacturing for our investors. We want to be the preferred mate having Nordic customers inside the need of a general list of financial characteristics.

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