Swedbank AB Webcast on the progress of Swedbank 15/25 Transcript
()-&
Welcome back to the 15/25 Studio. When we met there over a year ago, we presented a plan on how we want to reach a sustainable return on equity of at least 15% in 2025. And that was a plan how we will grow income, control cost, maintaining a good asset quality, and not hold more capital than necessary.
Today, we will present you an update on that plan. And with me, I have Kerstin Winlof, who is the Head of Group Products and Advice; and Anders Karlsson, our CFO. So what we will do is talk about the business priorities, how we deliver on that. And then we'll talk about the financial results. So all, a warm welcome.
Last year was tough. Russia's aggression in Ukraine continued. There is an ongoing conflict in the Middle East, and the climate change crisis has worsened. The macroeconomic development has been characterized by the measures to tackle inflation with the tightening of monetary policy. In times like this, we need sustainable and thus profitable banks. By being profitable, we
Access to All Earning Calls and Stock Analysis | |
30-Year Financial on one screen | |
All-in-one Stock Screener with unlimited filters | |
Customizable Stock Dashboard | |
Real Time Insider Trading Transactions | |
8,000+ Institutional investors’ 13F holdings | |
Powerful Excel Add-in and Google sheets Add-on | |
All data downloadable | |
Quick customer support | |
And much more... |
![](https://static.gurufocus.com/material/money-back-guarantee.png)
![](https://static.gurufocus.com/trust_rating.png)
![](https://static.gurufocus.com/trust.png)