Q4 2022 Nordea Bank Abp Earnings Call Transcript

Feb 02, 2023 / 12:30PM GMT
Matti Ahokas - Nordea Bank Abp - Head of IR

Good morning and welcome to Nordea's Fourth Quarter and Full Year 2022 Results Presentation. Present here today, we have our Group CEO, Frank Vang-Jensen; Group CFO, Ian Smith; and my name is Matti Ahokas from Investor Relations.

As usual, we'll start with a presentation by Frank and after that, you will get a chance to ask questions. To ask a question, please register for the webcast. And now, I'll leave the word to our CEO, Frank Vang-Jensen.

Frank Vang-Jensen - Nordea Bank Abp - President & Group CEO

Good morning. Today we have published our fourth quarter and full year '22 results. If we look back on our results announcement last year and reflect on how we entered '22, the world then was quite different to the one we are facing today. At the beginning of last year, we were dealing with the last big wave of COVID restrictions in the western part of the world. At Nordea, we were introducing our updated strategy and our new financial target for '25.

Little did we know, '22 would

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