REG - Swedbank AB - Swedbank’s Interim report for the third quarter...

Swedbank ABAnnouncement

26/10/2023 08:15

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RNS Number : 3835R  Swedbank AB  26 October 2023

 

Press Release

 

October 26 2023

 

Swedbank's Interim report for the third quarter 2023

 

Swedbank´s President and CEO Jens Henriksson comments: "Another strong result
in a weaker economy".

 

·    Slightly higher income in the quarter - stable volumes

·    Lower expenses - cost/income ratio 0.30

·    Solid credit quality despite weaker macroeconomic outlook and ratings
migration

·    Strong capitalisation and strong liquidity

·    Swedbank issued first ever social bond by a Nordic bank

·    Swedbank establishes the Institute for Financial Health to promote
financial literacy

 

 

 

Contact:

Annie Ho (mailto:annie.ho@swedbank.com) , Head of Investor Relations, +46 70
343 7815

Unni Jerndal (mailto:unni.jerndal@swedbank.com) , Senior Advisor, +46 73 092
1180

 

 http://www.rns-pdf.londonstockexchange.com/rns/3835R_1-2023-10-26.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/3835R_1-2023-10-26.pdf)

This information constitutes inside information that Swedbank is obliged to
make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The
information was submitted for publication, through the agency of the contact
person set out above, October 26 2023, at 07:00 CEST.

 

Swedbank empowers the many people and businesses to create a better future.
Our vision is a financially sound and sustainable society. Swedbank is the
leading bank with over 7 million retail customers and 550 000 corporate
customers in our four home markets Sweden, Estonia, Latvia and Lithuania.
Swedbank is also present in other Nordic countries, the U.S. and China.
Together we make your financial life easier. Find out more: www.swedbank.com
(http://www.swedbank.com/)

 

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