First Quarter Results 2015
CEO Christian Clausen’s comments on the results:“The first quarter was characterised by an increased activity where we have been successful in capturing business opportunities, leading to a strong growth of revenues. Exceptionally low interest rates put pressure on our net interest margins but also create higher demand for our products and services in other parts of the bank. The increased volatility leads to greater need for our risk management solutions among our corporate and institutional customers, and we continue to see very strong interest in our savings and investment offerings