Swedbank is in line with expectations for the second quarter of 2018



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The banking group Swedbank earned operating profit of SEK 7,388 million in the second quarter of 2018. This is a gain of 23% compared to the profit of $ 6,026 million. SEK for the same period last year

. According to a Reuters poll, analysts had averaged an operating profit of 6 673 million Swedish kronor

According to CEO Birgitte Bonnesen, the bank maintains a high level of activity while the bank works to develop its offers. continues to show steady growth, but it is also gratifying that loan volumes are growing both in the company and in our Baltic enterprise, "she writes in a commentary.

" I am very satisfied last quarter "She also stressed that the credit quality is good and that the capital situation is strong.

" We keep a good buffer against the minimum requirements imposed by the Financial Supervisory Authority " , writes Bonnesen

SEK million, from SEK 6,090 million.The net income from commissions increased to SEK 3,236 million, from SEK 3,050 million

to SEK 11,797 million, against SEK 10 393 million for the same period of the preceding year

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