1. IBOS Business Development Meeting
Ulster Bank, May 21-22, 2015
Alan Scheller

2. Nordea is the largest financial services group in the Nordic and Baltic Sea region
Nordea = Nordic ideas
11 million customers
- 8 home markets - Approx. 10 million personal customers corporate customers, incl. Nordic Top 500
Distribution power
- Approx. 700 branch office locations
Approx. 7 million netbank customers
International units in Beijing, London, Frankfurt, New York, Singapore
Financial strength
- EUR 10.2bn in full year income (2014) - EUR 669.3bn of assets (Q4 2014) - EUR 29.8bn in equity capital (Q4 2014) - AAA credit rating
- Common Equity Tier 1 capital ratio of 15.7% (Q4 2014)
EUR ~46.3bn in market cap Feb 2015
- One of the largest Nordic corporations - A top-10 European retail bank

3. Market Cap Development
EURbn
2010
2011
2012
2013
2014
13 Feb 2015
1. Santander
2. BNP Paribas
3. Lloyds
4. Barclays
6. BBVA
7. Nordea
8. SocGen
9. Unicredit
10. RBS
11. Intesa
12. Credit Agricole
13. DnB NOR
14. SHB
15. SEB
17. Erste
19. KBC
20. Commerzbank
16. Danske
18. Swedbank
66,0
57,0
52,2
37,2
34,0
32,8
30,0
29,9
26,7
25,7
22,8
17,1
14,9
13,6
13,3
9,1
7,0
13,4
12,1
1. Santander
2. BNP Paribas
3. BBVA
4. Deutsche
5. Barclays
7. Lloyds
6. Nordea
9. RBS
8. Intesa
11. SHB
10. SocGen
13. DNB
12. Unicredit
14. Swedbank
18. Commerzbank
16. SEB
20. KBC
15. Credit Agricole
17. Danske
19. Erste
50,3
36,7
32,8
24,2
25,7
27,3
21,3
13,4
14,3
12,7
21,0
12,3
12,4
11,6
6,7
5,3
3,5
9,9
9,1
10,9
1. Santander
2. BNP Paribas
3. Lloyds
4. Barclays
5. BBVA
6. Deutsche
7. Nordea
9. SocGen
8. RBS
11. Intesa
10. Unicredit
13. DNB
12. SHB
14. Credit Agricole
18. KBC
16. SEB
20. Commerzbank
15. Swedbank
17. Danske
19. Erste
63,0
52,9
41,6
30,7
37,9
39,6
29,3
21,4
22,1
20,2
24,3
15,6
16,8
15,2
10,3
9,5
8,4
14,0
12,9
14,1
1. Santander
2. BNP Paribas
3. Lloyds
4. Barclays
5. BBVA
6. Nordea
7. Deutsche
9. Unicredit
8. SocGen
11. RBS
10. Intesa
13. Swedbank
12. Credit Agricole
14. SHB
18. Danske
16. SEB
20. Erste
15. DNB
17. KBC
19. Commerzbank
73,7
70,5
67,7
39,7
51,8
52,7
35,4
27,8
31,1
25,2
33,7
23,2
23,3
22,3
16,8
13,3
10,9
20,8
17,2
21,1
1. Santander
2. Lloyds
3. BNP Paribas
4. Barclays
5. BBVA
6. Nordea
7. Intesa
9. RBS
8. Deutsche
11. SocGen
10. Unicredit
13. SHB
12. Credit Agricole
14. Swedbank
18. KBC
16. Danske
20. Erste
15. SEB
17. DNB
19. Commerzbank
88,0
69,7
61,4
38,9
49,0
51,8
38,4
31,3
32,4
28,2
34,7
24,1
27,7
23,4
19,4
12,5
8,3
22,7
19,9
22,8
1. Santander
2. Lloyds
3. BNP Paribas
4. Barclays
5. BBVA
6. Nordea
7. Intesa
9. RBS
8. Deutsche
11. SocGen
10. Unicredit
13. SHB
12. Credit Agricole
14. Swedbank
18. KBC
16. SEB
20. Erste
15. DNB
17. Danske
19. Commerzbank
88,4
72,6
60,3
46,3
52,9
57,1
44,7
32,4
33,4
30,9
38,9
25,3
30,8
24,3
21,5
13,1
10,0
22,9
22,6
23,2
5. Deutsche
36,3
Source: Thomson Reuters Datastream

4. What’s hot ?
New boss in Transaction Products – with insight into partner banking - of which we (Cash Management Sales & Solutions) are a part
Simplification – ”do the right things and do them right”
Digitilization – E-branch banking, customer on line video meetings, mobile banking for households and corporates, SWIPP (via mobile, account to account immediate payments to/from many banks in Denmark)
Core banking system – one ledger leading to One Bank, approx 5 years; ”all” development ressources devoted to this project leaving little room for other developments
DZero as AHB – on a selective basis, in EUR out of Finland, allocation of overnight line on Vostro costs us capital

5. Cash Management awards in 2014 and 2015
In 2014 and 2015 Nordea Cash Management has received the following awards from Treasury Management International and Global Finance:
Nordics:
Best Bank for Cash & Liquidity Management 2014
Best Bank for Payments & Collections 2014
Best Bank for Financial Supply Chain Management 2014
Best Bank for Cash Management 2015 in the Nordic region
Best Bank for Cash Management 2015 in Sweden