Nordea Bank AB

Anna Mileiko Created by Anna Mileiko

Nordea Bank AB Logo

Address

Smålandsgatan 17,N/A, 105 71, Stockholm, Sweden

BIC

n/a

Overview

Category

Commercial banks

Business Focus

universal banking

Nordea is a Finnish financial services group, the largest one in the Nordic and Baltic region. Nordea focused on providing corporate and institutional banking as well as retail and private banking products and services. Nordea also offers life insurance and pensions products.

Performance

In 2017, Nordea Bank AB achieved the position of 1st largest bank in Sweden with a market share of 27.17%; its total assets grew by 137.38%.

Deposit Protection

Deposits up to 950,000 SEK are covered by Swedish deposit guarantee scheme in Nordea Bank AB.

Financials

Total Assets of Nordea Bank AB
Market Share of Nordea Bank AB
Total Assets (2017)
4,110.20 bln SEK   (+137.38%)
Number of Employees (2017)
6,912   (+1.98%)

Nordea Bank AB ranked as the 1st largest bank in Sweden by total assets. In 2017 its total assets were 4,110.20 bln SEK, representing a 27.17% market share. As of 2017, the bank employed 6,912 people.

Credit Ratings

Fitch: AA-
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: -
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

Nordea Bank AB is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is AA- (very high credit quality).

Deposit Guarantee

Protected Amount
up to 950,000 SEK
Guarantee Fund
Swedish National Debt Office (SNDO)Swedish National Debt Office (SNDO)
Covered Accounts
deposits in all types of accounts
Eligible Depositors
private individuals
legal entities

Nordea Bank AB protects deposits up to up to 950,000 SEK per depositor through Sweden's deposit guarantee scheme. The scheme applies to deposits in all types of accounts made by private individuals, legal entities. The bank participates in the Swedish National Debt Office (SNDO), making regular contributions into it.

See Also

Member of Group

 Nordea (Finland)

Contacts

addressSmålandsgatan 17,N/A, 105 71, Stockholm, Sweden
phone08-614 70 00
websitehttp://www.nordea.com/

Nordea Bank AB was headquartered in Stockholm.

Social Networks

Nordea Bank AB has profiles at the following social networks:

See Also

Bank Identifiers

Company Number
516406-0120
MFI ID
SE5164060120

Bank Supervision

Supervised By
Financial Supervisory Authority

Nordea Bank AB was authorized and supervised by the Financial Supervisory Authority.

Bank History

Close Date
December 2018
Flag of Sweden

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