Half Year 2025 Nordea Bank Abp Earnings Call Transcript

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Jul 17, 2025

Jul 17, 2025 / 08:00AM GMT
Ilkka Ottoila - Nordea Bank Abp - Head of Investor Relations

Good morning and welcome to Nordea's second quarter 2025 results presentation. I'm Ilkka Ottoila, Head of Investor Relations.

Here in Helsinki, I'm joined by our President and CEO, Frank Vang-Jensen; and our Group CFO, Ian Smith. As usual, we'll start with the presentation by Frank, followed by a Q&A session. (Operator Instructions)

With that, let's get going. Over to you, Frank.

Frank Vang-Jensen - Nordea Bank Abp - President and Group Chief Executive Officer, Member of the Group Leadership Team

Good morning. Today we have published our results for the second quarter of 2025.It was a quarter marked by high uncertainty and the most volatile market conditions for some time. Concerns over higher US trade tariffs and increase in geopolitical tensions resulted in significant financial market turmoil. Despite the external pressures, all sentiment among Nordic households and businesses remained calm, with customer activity increasing in most areas as the quarter

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