The global headquarters of Nordea is located in Vallila, Helsinki
Native name
Nordea Bank Abp
Formerly
Merita Bank, Unibank, Nordbanken, Kreditkassen
Company type
Public limited company (Publikt Aktiebolag)
Traded as
Nasdaq Helsinki: NDA FI
Nasdaq Stockholm: NDA SE
Nasdaq Copenhagen: NDA DK
ISIN
FI4000297767
Industry
financial services
Founded
1820 as Sparekassen for Kjøbenhavn og Omegn
Founder
Hans Dalborg[1]
Headquarters
Helsinki, Finland[2]
Key people
Torbjörn Magnusson [sv] (Chairman)
Frank Vang-Jensen [sv] (President and CEO)[3]
Products
Corporate and retail banking, asset management
Revenue
11,743,000,000 Euro (2023)
Operating income
6,334,000,000 Euro (2023)
Net income
4,934,000,000 Euro (2023)
AUM
378,500,000,000 Euro (2023)
Total assets
584,702,000,000 Euro (2023)
Total equity
31,225,000,000 Euro (2023)
Number of employees
29,153 (2023)
Capital ratio
17.0%
Rating
AA (Fitch Ratings)
Website
www.nordea.com
Nordea old logo (2000–2016)
Nordea Bank Abp,[4][5] commonly referred to as Nordea, is a Nordic[6][7] financial services group operating in northern Europe with headquarters in Helsinki, Finland.[8] The name is a blend of the words "Nordic" and "idea".[9] The bank is the result of the successive mergers and acquisitions of the Finnish, Swedish, Danish, and Norwegian banks of Merita Bank, Nordbanken, Unidanmark, and Christiania Bank og Kreditkasse that took place between 1997 and 2001.[9] The Nordic countries are considered Nordea's home market, having finalised the sales of their Polish bank in 2014, Baltic operations in 2019[10] and completed the exit from Russia in early 2022 following a 2019 decision to close the business there.[11] Nordea is listed on Nasdaq Nordic exchanges in Helsinki, Copenhagen, and Stockholm and Nordea ADR is listed in the US.[10]
Nordea serves 9.3 million private and 530,000 active corporate customers, including 2,650 large corporates and institutions.[10] Nordea's credit portfolio is distributed across Finland (21%), Denmark (26%), Norway (21%), and Sweden (30%).[10] There are four Business Areas (BAs) at Nordea, Personal Banking, Business Banking, Large Corporates & Institutions, and Asset & Wealth Management. Assets under Management (AUM) were €411 billion in December 2021.[12]
Nordea has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, first as the Finnish arm of the Stockholm-based group and since 2017 as a financial holding company. As a consequence, it is directly supervised by the European Central Bank.[13][14]
^"Nordeas tidigare styrelseordförande Hans Dalborg är död". Nordea (in Swedish). Retrieved 2023-07-06.
^"A Mega Bank Just Joined the Euro Zone; It's Too Big to Fail". Bloomberg.com. 1 October 2018. Retrieved 1 October 2018.
Nordea Bank Abp, commonly referred to as Nordea, is a Nordic financial services group operating in northern Europe with headquarters in Helsinki, Finland...
Nordea Bank Norge is the Norwegian branch of Nordea Bank Abp, the Norwegian retail part of the Nordea financial group. The Norwegian headquarters is in...
Nordea Bank Polska was a name of bank, part of Nordea in Poland - the largest Scandinavian financial group. Nordea Bank Polska was established first as...
Nordea Bank Lietuva was a Lithuanian branch of Nordea, the largest Nordic financial group. The Nordea Group entered the Lithuanian market in 2000. In...
the transaction, Nordea and DNB own of 20% stakes both. Blackstone and Nordea have agreed that Blackstone would also purchase Nordea's remaining 20% in...
were invested in the shares of Nordea, the largest bank in the Nordic region. Sampo sold its entire holding in Nordea in April 2022. If is the leading...
Federation 100 Years. pp. 236–239. ISBN 91-86818007. Swedish Golf Online - Nordea Masters Makes "Majors" Announcement "Scandinavian Mixed". Scandinavian Mixed...
Itella, Nokia, OP-Pohjola, ISS, VR, Kesko, UPM-Kymmene, YIT, Metso, and Nordea. As of 2022[update], the unemployment rate was 6.8%. As of 2022[update]...
revenue, capitalisation, assets) is typically a list of four – Swedbank, Nordea, SEB and Handelsbanken. Swedish banks and financial institutions dominate...
The 2023 Swedish Open (also known as the Nordea Open for sponsorship reasons) was a professional tennis tournament played on outdoor clay courts as part...
Nokia communications equipment NOKIA Nokian Tyres tyres and rubber TYRES Nordea Bank diversified banks NDA FI Orion Corporation pharmaceuticals ORNBV Outokumpu...
(born September 1960) is a Finnish banker, former president and CEO of Nordea Bank Abp, the Nordic financial services group operating in Northern Europe...
Capital started out as Nordea Private Equity, a unit of Nordea Investment Management, the asset management arm of the Nordea Group. On the back of a...
Novo Nordisk Ørsted Vestas Wind Systems Finland Fortum KONE Neste Nokia Nordea Sampo Stora Enso UPM-Kymmene Sweden ABB Assa Abloy AstraZeneca Atlas Copco...
Group National Bank of Canada (National Bank Financial Markets) Natixis Nordea PNC Financial Services (Harris Williams & Company) Rabobank RHB Bank / Rothschild...
transactions without user approval. Nordea using CAP in November 2007. The Nordea eCode solution is used by Nordea both for eBanking, eCommerce (3DS) and...
headquarters in Copenhagen, including Alm. Brand, Danske Bank, Nykredit and Nordea Bank Danmark. The Copenhagen Stock Exchange (CSE) was founded in 1620 and...
accounts and still does not generally do so except to Nordea bank accounts.[citation needed] Nordea was obliged to withdraw from involvement in Bankgirocentralen's...
Working capital DKK 75 billion or more. Danske Bank A/S Jyske Bank A/S Nordea Bank Danmark A/S Nykredit Bank A/S Sydbank A/S Working capital DKK 12 billion...
management services ISS 2014 1901 Netcompany Technology NETC 2018 2000 Nordea Bank Abp Banks NDA DK 2000 1997 Novo Nordisk Pharmaceuticals NOVO B 2001...
Global Information
