Third-quarter results 2022
Nordea Bank AbpInterim report (Q1 and Q3)20 October 2022 at 7:30 EET Summary of the quarter Corporate sector driving continued lending volume growth, despite economic slowdown. Greater economic uncertainty and increased interest rates had a negative impact on mortgage and SME lending volume growth during the quarter. Despite this, Nordea continued to win market shares across the region with mortgage lending up 4% and corporate lending up 12%. Due to the financial market turmoil, assets under management (AuM) decreased by 4% compared with the previous quarter. However, net flows