Nordea Bank has summarized its Q3 2010 results

27.10.2010

Nordea Bank has summarized its Q3 2010 results

In Q3 2010 Nordea Bank has demonstrated positive dynamics across most of the key performance indicators.

During the reporting period, the Bank’s equity capital increased by 12.52% to 28.31 billion rubles, assets – by 17.14% to 180.82 billion rubles against the same period last year.

The Bank’s total credit portfolio has reached 169.45 billion rubles, being 21.14% more than in the same period last year.

Loans to enterprises and organizations totaled 149.45 billion rubles and to private individuals – 10.66 billion rubles. Customer accounts grew by 8.74% to 35.82 billion rubles compared to Q3 2009.

As of October 1, 2010 the Bank’s net profit amounted to 2.63 billion rubles, increasing by 0.94 billion rubles in Q3.

Key financial figures of OJSC Nordea Bank (as per IFRS, billion rubles)

01.10.200901.10.2010

Equity(capital)

25,16

28,31

Assets

154,36

180,82

Credit portfolio (including loans to banks) including:

139,88

169,45

Loans to companies and organizations

128,03

149,45

Loans to private individuals

9,61

10,66

Customer accounts

32,94

35,82


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