As stated in the press release dated 11 April 2019, Nordea is selling its shares in LR Realkredit to focus on its core business and to find a better long-term solution for LR Realkredit.

The purchase price for Nordea's 39 per cent of LR Realkredit amounts to approximately DKK 1.1 billion. The transaction generates a capital gain of EUR 138 million for Nordea, net of tax, at closing of the transaction.

- Risk sharing transactions constitute a core part of the toolbox that enables Nordea to free up capital at attractive rates for redeployment into our core business, says Mark Kandborg, Head of Group Treasury and ALM.

The transaction strengthens Nordea's role as the number one provider of credit to the Nordic economies (ibid.).

At Nordea we strive to make sustainability concrete and real to our customers. We are continuously developing a growing number of sustainable products and services like green mortgages, green car loans and sustainable savings.

- For a long period of time we have had unusually low and even negative interest rates - and we need to be prepared for this situation to continue for several years. We therefore introduce negative interest rates for personal customers with deposits of more than DKK 750,000, says Mads Skovlund, Head of Personal Banking Denmark, Nordea.

The new interest rate is applied to personal customers in Denmark from 1 February 2020. The change of interest rate is related to the Danish market only and does not affect customers in Sweden, Norway or Finland.