77.8% Expecting Net Inflows to Nordic Finance Industry This Year

July 1, 2011 - PRLog -- Confidence is slowly starting to return to the financial industry following the global recession which has affected millions of people and businesses over the past three years. During the downturn banks collapsed, organisations folded and spending went down.

The Nordic region was not exempt from this, and was in some quarters making the headlines, not least when 300,000 UK savers were frozen out of their accounts as Landsbanki, parent bank of Icesave, went into receivership in Iceland.

Since the downturn in the world's financial markets, investors have been looking for the green shoots of recovery. For every sign of light at the end of the tunnel, bad news has trickled through.

Recently Greece has been making the headlines as it struggles to keep its economy afloat, with public spending soaring and wages doubling in the past decade since joining the euro. However, despite these ups and downs, the Nordic finance sector appears to be slowly climbing back to its feet, with a recent survey by Finance IQ showing that over three-quarters expect net inflows to boost the industry this year.


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The 8th Annual Nordic Investors Forum will be hosted on 11th October 2011 in Stockholm, Sweden. For details, visit the website: www.nordicinvestorsforum.com, call freephone: 0800 652 2363 or email: enquire@iqpc.co.uk.