One-off items with significant negative impact to the Q3 results and new outlook announced
Nordea Bank Abp – Inside information Impairment of capitalised IT systems, restructuring provision and loan loss provision The Board of Directors has today, in connection with the approval of the third quarter 2019 interim report, approved several one-off items having a significant negative impact on the Group’s Q3 results. The Q3 operating loss of EUR 421m includes one-off items amounting to EUR 1.3bn, comprising of an impairment charge for IT intangibles of EUR 735m, a restructuring provision of EUR 204m, an additional loan loss provision of EUR 282m and an expense related to the
