Interim report January - March 2015
Compared with fourth quarter 2014 · Improved result in exceptional market conditions · Good cost control · Continued lending growth in Sweden · Stable net interest income but pressure from lower interest rates · Lower net commission income due to seasonally lower customer activity, less capital raising activity and lowered fund fees · Net gains and losses on financial items at fair value benefited from high activity in fixed income and FX trading · Continued low credit impairments · Continued strong capitalisation. Higher valuation of