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Home BUSINESSNordea Bank loan to public reduced
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Thu, 18 Jul, 2013 02:47:15 AM
FTimes - STT Report, July 18
Nordea Bank logo. Photo - Lehtikuva.
The cash services in the Nordea Bank reduced significantly during the second quarter of this year, according to the interim report of the bank released on Wednesday.
The Nordea loans to the public has been decreased to EUR 340 billion during the period and the amount is 3 per cent lower than the previous quarter, said the report.
The report said that following the decreasing trend, the bank authority is gradually reducing posts in the cash service.
During the quarter, about one million users used mobile banking through internet.
“We are paying attention to the cost effectiveness,” said the Bank president, Christian Clausen in the interim report.
The main capital adequacy of the bank rose to 14 %, which was 11.8% in last year.
Clausen said that the viability of the bank is still excellent.
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