Ikano Bank AB (publ) Interim Report 30 June 2019

Work continues as planned  “The half-year result is in line with our expectations. The underlying business is stable but our ambition is to improve the key ratios. We have accelerated the improvement work where a number of activities are underway and we are already beginning to see the effects of this proactive work. Profit before loan losses increased compared with the previous period. The growth in the period came mainly from the Swedish operations where the Corporate business is growing. Also after loan losses, the result in most markets is increasing.” Henrik Eklund, CEO, Ikano