Update to internal allocation framework affecting business area results as of 2024
Nordea has updated its internal allocation framework to drive increased transparency and accountability and to enable better decision-making in terms of capital deployment and resource allocation. This change does not impact the Nordea Group’s consolidated financial statements but affects the business area results across income, costs and capital. From the beginning of 2024, Nordea has updated its internal allocation framework, which affects the business area results. The updated framework aims to provide further alignment of business area and Group profitability metrics and includes the