2017-02-02 07:00
Swedbank´s Year-End Report 2016
Birgitte Bonnesen, President and CEO comments: “Heading into 2016 three of our highest priorities were to improve customer value, increase efficiency and strengthen employee engagement. In summing up the past year, I am proud to say that we have made progress in all these areas.”
Interim report for the fourth quarter 2016
Fourth quarter 2016 compared with third quarter 2016
- Increased lending volumes supported net interest income
- Net commission income benefited from positive stock market development
- Higher volumes of covered bond repurchases weighed down Treasury’s result
- Increased provisions in oil related sectors
- Costs in line with expectations
- Stronger capitalisation
- Proposed dividend per share of SEK 13.20 (10.70)
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 2 February 2017 at 07.00 CET.