Interim report for the third quarter 2016
Birgitte Bonnesen, President and CEO comments: “We have decided to speed up the transformation to the modern bank we want to be, where customers can do all their daily banking in our digital channels.”Third quarter 2016 compared with second quarter 2016 ·Strong profit driven by income increases ·Higher net interest income due to increased volumes and lending margins ·Net commission income benefited from higher income from cards and asset management ·Increased demand for interest rate hedging positive for net gains and losses on financial items ·Stable