2017-07-20 14:00:09 CEST

2017-07-20 14:00:09 CEST


REGULATED INFORMATION

English
Nordea Mortgage Bank Plc - Half Year financial report

Nordea Mortgage Bank Plc: Half-year financial report January-June 2017 


Nordea Mortgage Bank Plc's Half-year financial report January-June 2017 and
Alternative performance measures have been published. The documents are attached
to this release and they are available on the Internet at
http://www.nordea.com/en/investor-relations/reports-and
-presentations/ (http://www.nordea.com/en/investor-relations/reports-and
-presentations/select-reports-and-presentations/).
Only information having material influence on the value of securities is
included in this press release.

Nordea Mortgage Bank Plc is a wholly owned subsidiary of Nordea Bank AB (publ),
the listed parent company of the whole Nordea Group. This statutory half-year
report covers the operations of the legal entity Nordea Mortgage Bank Plc. The
half-year report of Nordea Bank AB (publ) comprises the operations of the Nordea
Group as a whole and gives the best overview of the Group.

Nordea Mortgage Bank Plc was established 1 October 2016 and hence no comparable
income statement figures are available for the period January-June.

Summary of the first half of 2017

  · The operating profit of Nordea Mortgage Bank amounted to EUR 56.9m
  · Net interest income totalled EUR 91.1m
  · Total operating income was EUR 81.5m
  · Total operating expenses were EUR -24.3m
  · Net loan losses were on a low level and amounted to EUR -0.3m
  · Loans to the public decreased 3% compared to year-end 2016.
  · Debt securities in issue increased to EUR 17,780.5m.

+-------------------------------------------+-------+
|Summary key figures                        |Jan-Jun|
+-------------------------------------------+-------+
|                                           |   2017|
+-------------------------------------------+-------+
|Net interest income, EURm                  |   91.1|
+-------------------------------------------+-------+
|Total operating income, EURm               |   81.5|
+-------------------------------------------+-------+
|Profit before loan losses, EURm            |   57.2|
+-------------------------------------------+-------+
|Net loan losses, EURm                      |   -0.3|
+-------------------------------------------+-------+
|Operating profit, EURm                     |   56.9|
+-------------------------------------------+-------+
|Loan loss ratio, annualised, bps           |    0.3|
+-------------------------------------------+-------+
|Return on equity, %                        |    8.3|
+-------------------------------------------+-------+
|Tier 1 capital ratio, incl Basel I floor, %|   10.2|
+-------------------------------------------+-------+
|Total capital ratio, incl Basel I floor, % |   12.1|
+-------------------------------------------+-------+
|Number of employees (full time equivalents)|     19|
+-------------------------------------------+-------+

Helsinki, 20 July 2017

Nordea Mortgage Bank Plc
Board of Directors

Additional information:
Thomas Miller, Chief Executive Officer                     + 358 40 864 4554
Tomi Ylöstalo, Chief Financial Officer                       + 358 40 718 8184

Nordea Mortgage Bank Plc, Half-year financial report January-June
2017 (http://www.nordea.com/en/investor-relations/reports-and
-presentations/select-reports-and-presentations/)
Nordea Mortgage Bank Plc, Alternative performance measures January-June
2017 (http://www.nordea.com/en/investor-relations/reports-and
-presentations/select-reports-and-presentations/)