Skip to content
Log in

2016-10-25 07:00

Interim report for the third quarter 2016

Birgitte Bonnesen, President and CEO comments: “We have decided to speed up the transformation to the modern bank we want to be, where customers can do all their daily banking in our digital channels.”
Interim report for the third quarter 2016

Third quarter 2016 compared with second quarter 2016

  • Strong profit driven by income increases

  • Higher net interest income due to increased volumes and lending margins

  • Net commission income benefited from higher income from cards and asset management

  • Increased demand for interest rate hedging positive for net gains and losses on financial items

  • Stable credit quality

  • Stronger capitalisation

Swedbank AB (publ) is required to disclose this information pursuant to Regulation (EU) No 596/2014 on market abuse, the Swedish Financial Instruments Trading Act (1991:980) and/or the regulatory framework of Nasdaq Stockholm). This information was sent to be published on 25 October 2016 at 07.00 CET.