Q1 2023 Nordea Bank Abp Earnings Call Transcript
Good morning, and welcome to Nordea's first quarter 2023 result presentation here in Helsinki. We have our CEO, Frank Vang-Jensen; our 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 remember to dial into the teleconference. And with that, I'll leave the floor to our CEO, Frank Vang-Jensen.
Good morning. Today, we have published our first quarter result for '23. In the quarter, we witnessed turbulence in the financial markets and continued high macroeconomic uncertainty. Recent developments, including problems faced by a few specific banks in other countries have reminded us all of the importance of a safe and trusted banking sector.
Nordea is one of the most stable and profitable banks in Europe. Our resilient and diversified business model, sound financial risk
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