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- This reaffirms our strong financial position and is an indication that our relationship banking strategy is working, says CFO Fredrik Rystedt. Few banks in Europe have as high a rating as Nordea, and it reflects that Nordea's repayment ability is perceived to be very good. Standard & Poor's also states that the funding and liquidity profile is seen as adequate and that Nordea is less vulnerable to market turbulence than other banks due to its well-diversified business model. - This is yet another proof of the financial markets' strong confidence in Nordea and underpins our efforts to become one of Europe's leading banks with focus on strong customer relations. In its research Standard & Poor's emphasises that Nordea is expected to progress steadily with adequate capital and a resilient risk profile, says Fredrik Rystedt. Nordea’s vision is to be a Great European bank, acknowledged for its people, creating superior value for customers and shareholders. We are making it possible for our customers to reach their goals by providing a wide range of products, services and solutions within banking, asset management and insurance. Nordea has around 11 million customers, approx. 1,400 branch offices and is among the ten largest universal banks in Europe in terms of total market capitalisation. The Nordea share is listed on the NASDAQ OMX Nordic Exchange in Stockholm, Helsinki and Copenhagen. Nordea, press release |
