It's hard to complain about the performance of the Nordic banks over the past year. When Swedbank (OTCPK:SWDBY)
is one of the laggards with a 14% yoy rise in the local stock price,
you know you're talking about a fairly solid group. Amidst yoy
performances like DNB (OTCPK:DNBHF) (up 23%), Nordea (OTCPK:NRBAY) (up 28%), SEB (OTC:SEBYF) (up 40%), Danske Bank A/S (OTCPK:DNSKY)
has been a clear winner with a nearly 54% rise over the past year on
new management, a new operating plan that emphasizes tighter operations,
and expectations for improved funding costs and loan loss realizations.
Click this link to continue:
After A Big Run, Can Danske Bank A/S Still Impress?
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