Nordea is a Stockholm-based financial services group operating in Northern Europe. It is the result of the successive mergers and acquisitions of the Swedish, Finnish, Danish and Norwegian banks of Nordbanken, Merita Bank, Unibank and Kreditkassen (Christiania Bank) that took place between 1997 and 2000. The largest share holder of Nordea is Sampo (Finnish insurance company) with around 20% of the shares. Total assets: EUR 662.6 billion (as of March 31, 2013). Net profit: EUR 2,634 million (2011), EUR 3,126 million (2012).
Nordea has more than 1,400 branches and is present in 19 countries around the world, operating through full service branches, subsidiaries and representative offices. Nordea splits its operations into three main divisions: retail banking, corporate and institutional banking, and asset management and life insurance.
HQ: Stockholm, Sweden
Founded: 2000
ID: 961. Updated: 26.03.2016
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