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Interim report for the first quarter 2016

26-04-2016 07:00

Swedbank´s President and CEO, Birgitte Bonnesen comments: “Our strategy remains firm. We will continue to be an available full-service bank with low risk for private and corporate customers in our four home markets.”

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First quarter compared with fourth quarter 2015

  • Lower market interest rates weighed on net interest income

  • Increased lending volumes

  • Weak stock market produced lower commission income

  • Improved Treasury result

  • Good cost control

  • Low credit impairments

  • Strong capitalisation

Swedbank AB (publ) shall make this information public in accordance to Securities Market Act (2007:528), Act on Trading in Financial Instruments (1991:980) and/or Nasdaq Stockholm’s issuer rules. The information was submitted for publication on 26 April 2016, at 07.00 CET