A short presentation of Swedbank Group, 31 December, 2012.
"The real economy is still biting and the credit demand remains lackluster," Michael Wolf told CNBC.
Growth in 2012 - slightly above expectations
Presentation of Year-End Results 2012 from the Analyst Conference by CEO Michael Wolf, CFO Göran Bronner and CRO Håkan Berg.
CEO Michael Wolf and CFO Göran Bronner are commenting on the Year-End Report 2012.
Martin Bolander, Senior Market Strategist at Swedbank's Investment Center, Jörgen Olofsson, Portfolio Manager at Swedbank Robur and Knut Hallberg, Senior Economist at Large Corporate and Intitutions at Swedbank discuss the current market situation.
The worst is behind us – but challenges remain
Swedbank’s Nomination Committee proposes Anders Sundström as new Chair of the Board of Directors of Swedbank. The Nomination Committee further suggests re-election of all current board members Olav Fjell, Ulrika Francke, Göran Hedman, Lars Idermark, Anders Igel, Pia Rudengren, Charlotte Strömberg, Karl-Henrik Sundström and Siv Svensson.
Average consumer price growth at 2.3% in 2012
Tomas Hedberg has been appointed CEO of Swedbank Robur. At the moment, Tomas Hedberg is head of interest rate and currency trading at Large Corporates & Institutions, Swedbank. He has held leading positions in the financial sector for many years. He will take up his new position on 28 January 2013.
External price pressures will diminish, domestic will take over
PMI climbs to 44.6 in December – downward trend in industrial economy leveling off
The Latvian charity campaign Angels Over Latvia resulted in donations of EUR 428 317. The money was donated on 16 December during a gala event organised by Swedbank, LNT, Rimi and Ziedot.lv. The campaign is seeking aid for children who require specific and long-term treatment or rehabilitation because of inborn disorders or tragic accidents. The result will enable aid for 62 children.
Angels over Latvia
Sweden's largest investors (tier 1) ranked Swedbank's Large & Institutions (LC&I) as the country's best in credit products and credit research, in Prospera's annual survey.
The global economy closes the year on a down note – major challenges await in 2013
Cecilia Skingsley, Head of FX and Fixed Income Research at Swedbank is commenting on the Riksbank's decision to cut the repo rate in Sweden by 0.25 percentage points.
Weak economy continues to pressure commodity prices
The Executive Board of the Riksbank has decided to cut the repo rate by 0.25 percentage points to 1.0 per cent, to support the Swedish economy so that inflation rises towards the target of 2 per cent.