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- Nordea: Swedish Real Estate Market Has Stabilised, Don't Expect Further Downward Correction as Demand Holding Up
Nordea: Swedish Real Estate Market Has Stabilised, Don't Expect Further Downward Correction as Demand Holding Up
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Nordea 3Q Net Interest Income EUR1.07B
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3Q Revenues Were Disappointing and Characterised by Seasonality
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3Q Net Pft EUR684M
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Expect to Reach Cost Base Below EUR4.8B in 2018, To Be Further Reduced in Local Currencies in 2019
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Growing Lending Volumes Improved Net Interest Income But Was Offset by Margin Pressure
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Low Activity Impacted Ancillary Income, Low Spreads, Interest Rates and Volatility Hit Capital Markets Income
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