Danske Bank A/S (OTCPK:DNKEY)
$ 14.71 0.1 (0.68%) Market Cap: 25.08 Bil Enterprise Value: 133.84 Bil PE Ratio: 7.98 PB Ratio: 0.99 GF Score: 65/100

Q4 2019 Danske Bank A/S Earnings Call Transcript

Feb 05, 2020 / 01:30PM GMT
Release Date Price: $8.59 (+1.30%)
Chris F. H. H. Vogelzang;S;CEO
Danske Bank A;Interim COO & Member of the Executive Leadership team

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Hello, and welcome to the presentation of Danske Bank's financial results for 2019. Thank you all for taking the time to listen in on this call today. My name is Chris Vogelzang, I'm the CEO. And with me, I have our CFO, Jacob Aarup-Andersen; and Head of Investor Relations, Claus Ingar Jensen.

Let's move into the presentation immediately, Slide 1. In today's call, we will present Danske Bank's financial results for 2019. We aim to keep this presentation to around 20 minutes. After the presentation, we'll be open for Q&A as usual. And of course, feel free to contact our IR people, if you have any more questions.

Slide 2, please. In many ways, 2019 was a very busy year for Danske Bank. We maintained the same level of lending growth as we saw in 2018, based on good growth continuing at Banking Nordic, in particular. Across our core markets, we saw a good level of customer activity. For example, in Denmark, where historically low interest

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