“After an exceptional beginning of the year we saw in the second quarter stabilization of net interest income, a slightly lower customer activity levels in the capital markets, while the strong growth in savings and investment side continued, “writes CEO Christian Clausen in the interim report.
Net interest income decreased by 4 percent during the quarter. Interest rates fell further resulting pressure on deposit margins. The Riksbank’s less interest cost, Nordea SEK 450 million per quarter. But at the same time increased mortgage margins.
– They have gone up slightly. We are pleased with the relationship to our borrowing costs, says Clausen.
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