The bank’s CEO Birgitte Bonnesen writes in the interim report her to consolidate and strengthen the bank’s current position.
“We will continue to be available full-service bank with low risk for our private and corporate customers in our four home markets Sweden, Estonia, Lithuania and Latvia. The Board’s goals, which market cost, increased customer value and a return on equity of 15 percent, are the engine of our ambition to create long term value for all our stakeholders, “argues Bonnesen.
” My mission will be to consolidate but also strengthen Swedbank’s current position. We have a well mapped out strategy to start with and a detailed and ambitious agenda for 2016, which is in full swing to be implemented “, said she was on.
at the same time she says that Swedbank has never been stronger financially.
“our capitalization is among the best in Europe with a core Tier I capital ratio of 23.7 percent. Together with stable profitability, high cost and low risk creating the conditions to meet our customers’ needs of competitive banking and resist economic pressures, “it is said.
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