Half-year Report

Swedbank AB
18 July 2023
 

 

Press Release

 

July 18, 2023

 

Swedbank's Interim report for the second quarter 2023

 

Swedbank´s President and CEO Jens Henriksson comments: "Swedbank stands strong".

 

·    Profit was strengthened - higher income and lower expenses

·    Net interest income rose due to higher deposit margins

·    Lower credit impairments and solid credit quality

·    Stronger liquidity and high activity in funding markets

·    Strong capitalisation - lower buffer due to increased countercyclical requirement

·    Reorganisation to strengthen corporate business

 

Contact:

Annie Ho, Head of Investor Relations, +46 70 343 7815 

Unni Jerndal, 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, July 18 2023, at 06:30 CEST.


Download the full report as PDF:
http://www.rns-pdf.londonstockexchange.com/rns/3505G_1-2023-7-18.pdf

 

Swedbank ger de många människorna och företagen möjlighet att skapa en bättre framtid. Vår vision är ett samhälle som är ekonomiskt sunt och hållbart. Swedbank Group är den ledande banken med över 7 miljoner privatkunder och 550 000 företagskunder på våra fyra hemmamarknader Estland, Lettland, Litauen och Sverige. Koncernen är också verksam i övriga Norden, USA och Kina. Tillsammans gör vi ditt finansiella liv enklare. Läs mer på: www.swedbank.se

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