Pohjola reported record consolidated earnings in 2013 and its market position strengthened during the year. Great success in customer businesses, especially in Banking and Non-life Insurance, and cost savings generated by the efficiency-enhancement programme were the key drivers behind our improved earnings. Funding and liquidity positions remained good and the Core Tier 1 ratio improved.
The President and CEO's Review
In 2013, Pohjola continued to grow strongly and posted record earnings.
2013 consolidated earnings before tax were € 473 million.