Nordea Bank S.A., Luxemburg, Zweigniederlassung Zürich (Switzerland)

Nordea Bank S.A., Luxemburg, Zweigniederlassung Zürich

Business Focus

wealth management

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

Bank Category

Branches of foreign banks

Financials

Total Assets (2016)

317.45 mln CHF (-7.71%)

Nordea Bank S.A., Luxemburg, Zweigniederlassung Zürich was the 199th largest bank in Switzerland in terms of total assets. In 2016 its total assets were 317,45 mln CHF, providing the bank with the market share of 0.01%. Nordea Bank S.A., Luxemburg, Zweigniederlassung Zürich was the 16th largest branches of foreign bank in Switzerland (out of 26 branches of foreign banks) having market share of 0.42% amongst the banks of this category.

Deposit Guarantee

Protected Amount

up to 100,000 CHF

Guarantee Fund

esisuisse – Deposit Insurance

Covered Depositors

•private individuals (Swiss and foreign)
•legal entities (Swiss and foreign)

Covered Accounts

•credit balances

Nordea Bank S.A., Luxemburg, Zweigniederlassung Zürich participates in the deposit guarantee scheme of Switzerland. This deposit guarantee scheme applies to credit balances made by private individuals (Swiss and foreign), legal entities (Swiss and foreign) and covers up to up to 100,000 CHF per bank per depositor. Nordea Bank S.A., Luxemburg, Zweigniederlassung Zürich is a member of esisuisse – Deposit Insurance and makes its contributions into it.