Fourth-quarter and full-year results 2020
Nordea Bank AbpFinancial Statement Release4 February 2021 at 7:30 EET Summary of the quarter: ·Continued strong growth in customer business volumes in all countries. Mortgage loans grew by a record 6%, year on year, with further increases in market shares. SME lending increased by 8%, supported by the acquisition of SG Finans, now Nordea Finance Equipment (NFE). Furthermore, assets under management grew by 9% to a record high of EUR 354bn, supported by an all-time-high quarterly net inflow in retail funds. · Operating profit up 11%, driven by income growth. Total income