Back نورديا Arabic نوردیا AZB Nordea Danish Nordea German Nordea Spanish Nordea Pank Estonian نوردیا Persian Nordea Finnish Nordea French Nordea ID
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Native name | Nordea Bank Abp |
|---|---|
| Formerly | Merita Bank, Unibank, Nordbanken, Kreditkassen |
| Company type | Public limited company (Publikt Aktiebolag) |
| ISIN | FI4000297767  |
| Industry | financial services |
| Founded | 1820 as Sparekassen for Kjøbenhavn og Omegn |
| Founder | Hans Dalborg[1] |
| Headquarters | Helsinki, Finland[2] |
Key people |
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| Products | Corporate and retail banking, asset management |
| Revenue | 11,743,000,000 Euro (2023) |
| 6,334,000,000 Euro (2023) | |
| 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 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.
- ^ Styrelsens ledamöter Nordea.com. Retrieved 2020-10-22
- ^ "Nordea Bank Abp". Business Information System. Retrieved 6 June 2019.
- ^ "Supplement to prospectus on merger between Nordea Bank AB (publ) and Nordea Bank Abp". Nordea.com. Retrieved 12 September 2018.
- ^ "Who we are". Nordea. Retrieved 2023-04-15.
- ^ "Nordea buys Norway's Frende occupational pension portfolio". Reuters. 2020-07-06. Retrieved 2023-04-15.
- ^ "Nordea's re-domiciliation is completed". www.nordea.com. 2018-10-01. Retrieved 2018-10-01.
- ^ a b "Our History". Nordea.
- ^ a b c d "Nordea Annual Report 2019" (PDF). Nordea Group Annual Reports.
- ^ "Solid performance in turbulent times". Nordea. Retrieved 2024-01-13.
- ^ "Nordea annual Report 2021" (PDF). Nordea.com. Retrieved 28 March 2022.
- ^ "The list of significant supervised entities and the list of less significant institutions" (PDF). European Central Bank. 4 September 2014.
- ^ "List of supervised entities" (PDF). European Central Bank. 1 January 2023.
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