Interim report for the second quarter 2017
Swedbank's President and CEO Birgitte Bonnesen comments: “During the second quarter we made several strategic decisions and implemented initiatives to create value-added for our customers.”Second quarter 2017 compared with first quarter 2017
· Strong profit driven by higher income · Increased mortgage volumes supported net interest income · Net commission income benefited from higher card and asset management income · Net gains and losses on financial items positively affected by higher FX trading activity · Costs in line with expectations · Additional provisions in oil