Nordea Bank Abp

 (3.1; 8 ratings)
3.1 8

Business Focus

universal banking

In June 2018, Nordea Holding Abp was granted a banking licence by the European Central Bank as a part of a strategic plan to re-domiciliate Nordea Group to Finland, a member of the banking union. Later in 2018 Nordea Holding Abp changed its name to Nordea Bank Abp and started operating as a universal bank, focused on prodiving corporate and institutional banking as well as retail and private banking products and services.

Services

retail banking
private banking
business banking
corporate banking
investment banking

Products

current accounts
debit cards
credit cards
savings accounts
time deposit accounts
consumer loans
car loans
mortgage loans

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

See Also

Common Shares

Listed Entity
Nordea Bank Abp
ISIN
FI4000297767
Stock Exchange
Nasdaq HelsinkiNasdaq Helsinki (XHEL)
Ticker
NDA FI

See Also

Financials

Total Assets of Nordea Bank Abp
Operating_income of Nordea Bank Abp
Market Share of Nordea Bank Abp
Total Assets (2019)
401.80 bln EUR  (-1.69%)
Operating Income (2019)
1,557.90 mln EUR  (+15.90%)

Nordea Bank Abp is the 1st largest bank in Finland in terms of total assets. In 2019 its total assets were 401,80 bln EUR, providing the bank with the market share of 58.05%. In 2019 the bank's operating income was 1 557,90 mln EUR.

Credit Ratings

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

Nordea Bank Abp is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is Aa2 (high grade).

Deposit Guarantee

Guarantee Fund
Deposit Guarantee Fund (RVV)Deposit Guarantee Fund (RVV)
Protected Amount
up to 100,000 EUR
Eligible Depositors
natural persons (Finnish and foreign)
legal entities (Finnish and foreign)
Covered Accounts
deposit products offered by deposit banks

Nordea Bank Abp participates in the deposit guarantee scheme of Finland. This deposit guarantee scheme applies to deposit products offered by deposit banks made by natural persons (Finnish and foreign), legal entities (Finnish and foreign) and covers up to up to 100,000 EUR per bank per depositor. Nordea Bank Abp is a member of Deposit Guarantee Fund (RVV) and makes its contributions into it.

Head of Group

 Nordea (Finland)

Nordea Bank Abp is a member of Nordea (Finland).

Contacts

Hamnbanegatan 5, 20, Helsinki, Finland

Nordea Bank Abp is headquartered in Helsinki.

Social Networks

Nordea Bank Abp has profiles at the following social networks:

Bank Identifiers

BIC (SWIFT)
NDEAFIHH
LEI
529900ODI3047E2LIV03
MFI ID
FI28583949

Bank History

Start Date
June 2018
Previous Name
Nordea Holding Abp

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