The past two years have seen many ups and downs in banking, but one major “up” story is that of Nordea. As CEO Frank Vang-Jensen explains, Nordea turned things around by centring its operations on its customers and following an ambitious new three-pronged business plan. Nordea’s example can help other banks get back on track to success.
Nordea Bank Apb, based in Finland, has proved that banks can be their customers’ greatest financial support in times of crisis. Long committed to assisting customers to realize their dreams, Nordea has taken proactive steps to ensure that their clients continue to not only survive but thrive during the COVID-19 pandemic. In our interview, CEO Frank Vang-Jensen describes the bank’s resolute commitment to go one step further for its customers.
On June 8, the European Central Bank (ECB) began its Corporate Sector Purchase Programme (CSPP), which was initially announced by the bank’s president, Mario Draghi, on March 10 as an addendum to the ECB’s quantitative easing (QE) program.
If cash is to continue to thrive then it must modernize. Cash must be more accessible to businesses and consumers, and it must move more quickly between the two.