Nordea Bank Abp · OMXHEX:NDA_FI
Nordea Bank Abp — Nordea — Shareholder Meeting (April 2008)
16 slides from Nordea Bank Abp's shareholder meeting presentation, Apr 3, 2008
Slide 1: Christian Clausen, President and Group CEO
Christian Clausen, President and Group CEO Annual General Meeting Stockholm, 3 April 2008
Slide 2: From a "Good Nordea" to a "Great Nordea"
From a “Good Nordea” to a “Great Nordea” Profit orientation – cost, risk and captal Ambitious vision and targets Strong customer-oriented values and culture Clear growth strategy
Slide 3: Limited impact on Nordea from financial market turmoil due to strong foundation
Limited impact on Nordea from financial market turmoil due to strong foundation z Limited exposure to the sub-prime market and insignificant exposure to credit-linked structured investment vehicles z Nordea benefits from a high-quality balance sheet, well diversified and low-risk business profile, g
Slide 4: Financial highlights - 2007
Financial highlights - 2007 z Operating profit of EUR 3,883m, up 4% on a comparable basis z Income grew by 8% z Proposed dividend of EUR 0.50 – corresponding to a payout ratio of 42% of net profit
Slide 5: All short-term financial targets met – on track in realising long-term targets
All short-term financial targets met – on track in realising long-term targets Long-term financial targets Target 2007 TSR (%) In the top quartile of # 3 of 20 European peer group RoE (%) In line with top Nordic peers 19.7% Risk-adjusted profit (EURm) Double in 7 years 15%
Slide 6: Clear growth strategy
Clear growth strategy Increase business with existing Nordic customers and attract new customers to premium segments Expand in the New European Markets: Russia, Poland and the Baltic countries Expand our Global and European business based on unique competences Higher level of operational efficiency
Slide 7: Overview of strategic initiatives
Overview of strategic initiatives Growth Plan Sweden Turbo Plan Poland Future Branch Risk management Nordea Transformation Orgresbank Programme products to corporates New Equities strategy People Strategy Private Banking
Slide 8: Summary 2007 Outlook 2008
Summary 2007 Outlook 2008 z Growth plan delivers z Nordic economies remain strong z Sizeable investments in areas -economic growth of 2% with high growth potential -no significant change in level of interest rates z Strong foundation z High level of activity and increasing business volumes in 2008 z
Slide 9: Towards a "Great Nordea"
Towards a “Great Nordea” Profit orientation – cost, risk and capital Ambitious vision and targets Strong customer-oriented values and culture Clear growth strategy
Slide 10: We have built a strong foundation in recent years
We have built a strong foundation in recent years Profit orientation – cost, risk and capital
Slide 11: Great customer experiences
Great customer experiences
Slide 12: It's all about people
It’s all about people
Slide 13: One Nordea team
One Nordea team
Slide 14: The leading Nordic bank, acknowledged for its people, creating superior value
The leading Nordic bank, acknowledged for its people, creating superior value for customers and shareholders It’s all Great customer One about experiences Nordea team people Profit orientation – cost, risk and capital
Slide 15: Nordea – Making it possible
Slide 16: Christian Clausen, President and Group CEO
Christian Clausen, President and Group CEO Annual General Meeting Stockholm, 3 April 2008