Swedbank's Interim report for the third quarter 2023
Swedbank's President and CEO Jens Henriksson comments: "Another strong result in a weaker economy".
- Slightly higher income in the quarter - stable volumes
- Lower expenses - cost/income ratio 0.30
- Solid credit quality despite weaker macroeconomic outlook and ratings migration
- Strong capitalisation and strong liquidity
- Swedbank issued first ever social bond by a Nordic bank
- Swedbank establishes the Institute for Financial Health to promote financial literacy
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Contact:
Annie Ho (annie.ho@swedbank.com),Head of Investor Relations, +46 70 343 7815
Unni Jerndal (unni.jerndal@swedbank.com),Senior Advisor, +46 73 092 1180
This information constitutes inside information that Swedbank is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person set out above, October 26 2023, at 07:00 CEST.