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.
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.
Nordea Bank S.A., Luxemburg, Zweigniederlassung Zürich participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.
Nordea (Sweden)Nordea Bank S.A., Luxemburg, Zweigniederlassung Zürich was located in Zürich.
| Total Assets (2016) |
|---|
| 317.45 mln CHF (-7.71%) |
In 2016 total assets of Nordea Bank S.A., Luxemburg, Zweigniederlassung Zürich were 317.45 mln CHF. Decline compared to the previous period (2015) was -7.71%. The evolution of the total assets of Nordea Bank S.A., Luxemburg, Zweigniederlassung Zürich is shown at Chart 1 below.
Chart 1. Total Assets of Nordea Bank S.A., Luxemburg, Zweigniederlassung Zürich.
| Total Assets (2016) |
|---|
| 199th (market share 0.01%) |
In 2016 Nordea Bank S.A., Luxemburg, Zweigniederlassung Zürich was ranked the 199th largest bank in Switzerland in terms of total assets, having 0.01% of the domestic market share.
Chart 2. Market share of Nordea Bank S.A., Luxemburg, Zweigniederlassung Zürich (among banks in Switzerland)
Several banks having the market shares and ranks closest to Nordea Bank S.A., Luxemburg, Zweigniederlassung Zürich are shown below.
| Rank | Name | Total Assets | Market Share |
|---|---|---|---|
| 198 |  Clientis Bank im Thal AG | 318.26 mln CHF | 0.01% |
| 199 | Nordea Bank S.A., Luxemburg, Zweigniederlassung Zürich (closed) | 317.45 mln CHF | 0.01% |
| 199 |  Burgerliche Ersparniskasse Bern, Genossenschaft | 301.71 mln CHF | 0.01% |
| Total Assets (2016) |
|---|
| 16th (market share 0.42%) |
In 2016 Nordea Bank S.A., Luxemburg, Zweigniederlassung Zürich was ranked the 16th largest branches of foreign bank in Switzerland in terms of total assets, having 0.42% of the category's market share.
Chart 3. Market share of Nordea Bank S.A., Luxemburg, Zweigniederlassung Zürich (among Branches of foreign banks in Switzerland)
Several branches of foreign banks having the market shares and ranks closest to Nordea Bank S.A., Luxemburg, Zweigniederlassung Zürich are shown below.
| Rank | Name | Total Assets | Market Share |
|---|---|---|---|
| 9 |  RBC Investor Services Bank S.A., Esch-sur-Alzette, Zweigniederlassung Zürich | 514.82 mln CHF | 2.16% |
| 16 | Nordea Bank S.A., Luxemburg, Zweigniederlassung Zürich (closed) | 317.45 mln CHF | 0.42% |
| 17 |  ABANCA CORPORACION BANCARIA S.A., Betanzos, succursale de Genève | 282.19 mln CHF | 0.34% |
| Deposit Guarantee |
|---|
| Yes (up to 100 000 CHF per depositor) |
Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.
All credit institutions operating in Switzerland are obliged to participate in Swiss deposit guarantee scheme.
In the case of Nordea Bank S.A., Luxemburg, Zweigniederlassung Zürich failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:
| Eligible Depositors | private individuals, commercial enterprises and public-sector offices |
| Covered Accounts | credit balances (e.g. personal accounts, savings accounts, investment accounts, salary accounts, numbered accounts, deposit accounts and current accounts) |
| Covered Currencies | all |
| Maximum Protected Amount | 100 000 CHF |
| Paid In Currency | CHF |
Company Registration Number is a distinctive code issued upon registration of a new company. This code can be used to find data about the company in a national company register.
| Company Number | CHE-105.179.800 |
Nordea Bank S.A., Luxemburg, Zweigniederlassung Zürich operated under the brand name Nordea. This banking brand has presence in the following European countries and selected dependent territories of the European countries:
Nordea Danmark, Filial af Nordea Bank Abp, Finland (København S) NORDEA KREDIT REALKREDITAKTIESELSKAB (Taastrup) Nordea Bank AB (Stockholm) Nordea Bank Abp, filial i Sverige (Stockholm) Nordea Finans Sverige AB (Stockholm) Nordea Hypotek AB (publ) (Stockholm)The following banks operating under Nordea brand name has been recently closed down:
(this bank) Nordea Bank S.A., Luxemburg, Zweigniederlassung Zürich (Zürich)
