Nordea

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Nordea Bank AB (publ)
Type of Company Public
Founded 2000
Headquarters Stockholm, Sweden
Key people Hans Dalborg (Chairman of the board), Lars G Nordström (President and CEO)
Industry Financial services
Products Corporate and retail banking, asset management
Employees 29,000
Website http://www.nordea.com/

Nordea is a financial services group operating in Northern Europe, based in Stockholm. 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 Baltic countries and Poland are today considered part of the home market. The largest share holder of Nordea is the Swedish Government with 19,9 % of the shares. Nordea is listed in Stockholm Stock Exchange, Helsinki Stock Exchange and Copenhagen Stock Exchange.

Nordea International corporate banking has branches in Germany (Frankfurt), United Kingdom (London), Singapore, and in the United States (New York). Nordea International private banking has its head quarter in Luxembourg with branches in Belgium (Brussels), France (Cannes), Luxembourg, Spain (Fuengirola - Malaga) and Switzerland (Zurich).

Nordea currently serves 10 million private and 960,000 corporate customers. The group also operates an internet bank, which is the world leader of internet banking in terms of usage, having more than 4.3 million online customers doing more than 200 million payments / year.

See also: Postgirot Bank

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