Plans to own 2022 surpassed in 2021 – the brand new address getting 2025

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Plans to own 2022 surpassed in 2021 – the brand new address getting 2025

Plans to own 2022 surpassed in 2021 – the brand new address getting 2025

Sustainability is at the latest center of your method – included in every aspect of one’s team, from our tool providing to the funding we went on to develop our service and you may tool giving in this resource and you can investment management. Overall green lending increased in order to EUR nine.7bn, individual need for our very own ESG discounts issues stayed highest and then we are the top-positions bank to own Nordic renewable ties.

We had been again rated one of the greatest one hundred most green organizations all over the world by Business Knights – the sole Nordic financial on ranking

All of these affairs contributed to an effective full-seasons monetary efficiency. Our 2021 doing work money are more EUR cuatro.9bn, which is 67% more than for the 2020, and you can the return on collateral try eleven.2%, right up away from 7.1% a year ago.

Regarding 4th quarter i went on and also make regular advances, broadening the company and you can consumer hobby in line with earlier in the day quarters and having income to the equity out of eleven.3%. Our secret focus remains on increasing profits less than can cost you. That it one-fourth, payday loans bad credit our very own pricing-to-money ratio enhanced so you’re able to 47% of 57% a year ago.

Our borrowing high quality remains strong, that have web mortgage losings off 7bp inside one-fourth. I left the administration reasoning buffer unchanged on EUR 610m because this new impression of your own pandemic to the the users stays not sure.

From inside the 2021 as a whole, our net mortgage losses had been just 1bp, weighed against 35bp when you look at the 2020

We will always be very committed to applying an efficient investment structure. All of our money stamina is just one of the best in Europe, with a great CET1 ratio out of 17.0%, which is six.8 fee activities above the most recent regulating criteria. It means we are able to continue to support the customers, shell out dividends and you can deploy too-much money – benefiting both the investors and you will neighborhood at-large.

Highlighting our quite strong financial abilities and you can capital status, the Panel possess advised a 2021 bonus of around EUR 0.69* per share – a life threatening boost into the dividend out-of EUR 0.39 for every single share getting 2020. Which translates to a payout ratio from 70%, in accordance with our dividend rules.

At the same time, all of our share pick-back plan continues. Yet, i’ve deployed 75% of your own initial EUR 2bn structured, having purchased straight back 141m shares from your shareholders. I believe show purchase-backs getting a part of our investment management and filed an official application to your ECB in myself.

For 2022, i expect to send an income on equity a lot more than eleven%, which have continued successful increases, and our very own rates-to-income proportion is anticipated is 44–50%. Within the 2021 the purchase price-to-money proportion benefited out of very high monetary industry income therefore expect to invest having continued gains in order to bear higher regulating will cost you when you look at the 2022, including the Swedish financial taxation. All of our operational overall performance will continue to improve so we anticipate our prices-to-money ratio to keep toward decreasing regarding upcoming ages.

Inside i launched a separate proper guidance to possess Nordea. Which have ambitious economic objectives to own 2022 and you can an upgraded business plan, all of our point were to retake shed crushed running a business and raise our very own financial performance. I decided to work on around three trick goals: to help make higher customer skills, push income increases effort and you can optimize working show.

We have been most focused on getting to the our very own targets and you can goals. I’m happy that individuals have exceeded the 2022 monetary targets you to definitely coming year out-of schedule hence all of our company elements keeps fulfilled its respective aim.

I would identify our current condition since the an important milestone. Today we will move ahead to send top-in-category omnichannel consumer experiences, increase the bar toward our very own financial results and you may push further really worth production for our investors. We would like to function as the well-known partner having Nordic people within the need of a broad directory of economic properties.

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