Nordea CEO Says Finland Move May Impact Capital

The transcript discusses Nadia Bank's capital ratios, profitability, and its strategic positioning within a regulatory environment. It highlights the bank's presence in Nordic markets and the importance of being part of the banking union for stability and predictability. The conversation touches on potential savings and capital impacts, while emphasizing the bank's commitment to maintaining its AA rating and existing capital and dividend policies. The speaker refrains from speculating on future capital requirements, citing ongoing regulatory changes and the need for alignment with European peers.

What are the four home markets where Nadia operates?

• Germany, France, Italy, and Spain

• Norway, Sweden, Denmark, and Finland

• USA, Canada, Mexico, and Brazil

• China, Japan, South Korea, and India

What is the main benefit of being part of the banking union for Nadia?

• Lower interest rates

• Predictability, stability, and a level playing field

• Increased profitability

• Access to more customers

What is one of the potential financial benefits mentioned for Nadia joining the banking union?

• Lower operational costs

• Increased customer base

• Potential savings on resolution fees

• Higher interest rates

What is Nadia's approach to its core banking system?

• One core bank system

• Multiple systems for different regions

• No specific system in place

• Outsourcing to third-party providers

What is Nadia's stance on its capital and dividend policies?

• They have not decided yet

• They aim to maintain them as announced

• They plan to change them soon

• They will reduce dividends significantly