Correction: Half-year Report
|
Nordea Mortgage Bank Plc
/ Key word(s): Half Year Results
Correction to Nordea Mortgage Bank Plc: Half-year financial report January-June 2023 Nordea Mortgage Bank Plc Nordea Mortgage Bank Plc corrects the capital ratios in the half-year financial report for January-June 2023 and Alternative performance measures published on 17 July 2023. Due to a technical error, the sovereign risk exposures related to deferred tax assets were incorrectly reported as zero, reducing the risk exposure amount from EUR 3,925.1m to EUR 3,876.4m and increasing the capital ratios by 0.5 percentage points. Revised capital ratios at the end of July 2023 are
The corrected release in its entirety below. Nordea Mortgage Bank Plc: Half-year financial report January-June 2023 Nordea Mortgage Bank Plc's Half-year financial report and Alternative performance measures have been published. The documents are attached to this release and they are available on nordea.com. Only information having material influence on the value of securities is included in this stock exchange release. This statutory half-year report now published covers the operations of Nordea Mortgage Bank Plc in Finland. Nordea Mortgage Bank Plc is a wholly owned subsidiary of Nordea Bank Abp. The financial statements of Nordea Bank Abp comprise the operations of the Nordea Group as a whole and give the best overview of the Group. Summary of the first half of 2023 • The operating profit of Nordea Mortgage Bank amounted to EUR 54.5m • Net interest income totalled EUR 139.6m • Total operating income was EUR 137.4m • Total operating expenses were EUR 75.1m. • Net loan losses totalled EUR 7.9m. • Loans to the public amounted to EUR 31,541.1m. • Debt securities in issue totalled EUR 21,062.6m. • The combined size of the cover pools was EUR 26,241.2m and overcollateralization 24.4%.
Helsinki, 20 July 2023 For further information: Jussi Pajala, Chief Executive Officer, + 358 40 545 3859
http://www.rns-pdf.londonstockexchange.com/rns/7080G_1-2023-7-20.pdf http://www.rns-pdf.londonstockexchange.com/rns/7080G_2-2023-7-20.pdf
This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
End of Media Release |
| Language: | English |
| Company: | Nordea Mortgage Bank Plc |
| Satamaradankatu 5 | |
| FI-00020 Helsinki | |
| Finland | |
| ISIN: | CH0123385772, XS1112680969, XS0770378379 |
| Valor: | A1GPVS, A1ZP1P, A1G3JL |
| Listed: | SIX Swiss Exchange |
| EQS News ID: | 1685037 |
| End of News | EQS News Service |
|
|
1685037 20.07.2023 CET/CEST
P R O D U C T S U G G E S T I O N S
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.