Jan 29, 2020 / 08:30AM GMT
Operator
Ladies and gentlemen, thank you for standing by, and welcome to the SEB's Q4 2019 Results Conference Call. (Operator Instructions)
I would now like to hand the conference over to your speaker today, Masih Yazdi. Thank you. Please go ahead.
Masih Yazdi - Skandinaviska Enskilda Banken AB(publ.)-Group CFO
Thank you, Andrea, and good morning, everyone. This is Masih, and sitting with me here today is Christoffer Geijer, Head of IR. I'll do a very brief intro to this call, and then we'll open up for Q&A.
And in the intro, I trust you've seen the numbers. I won't repeat them that much. I'm just going to repeat some of the guidance we gave in the report as well as during the press conference this morning.
So firstly, starting with net interest income, we have 2 changes impacting 2020. The first one is the repo rate hike that we saw in December '19. We said this morning that we expect the gross impact of that rate hike to be about SEK 1 billion in 2020. That impact includes what happens to the liability
Q4 2019 Skandinaviska Enskilda Banken AB Earnings Call Transcript
Feb 15, 2024
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