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Company nameNordea Bank
Company typePublicly traded Aktiebolag associated company of Sampo Group
IndustryFinancial services
HeadquartersStockholm, Sweden
Key peopleBjörn Wahlroos (Chairman), Christian Clausen (President and CEO)
ProductsCorporate and retail banking, asset management
Revenue-9.334 billion (2010)
Operating income-3.639 billion (2010)
Net income-2.657 billion (2010)
AUM-191.0 billion (2010)
Total assets-580.8 billion (end 2010)
Employees33,810 (FTE, end 2010)

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Nordea Bank AB is a Stockholm-based financial services group operating in Northern Europe. The bank 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, Latvia already having a branch of Nordea ( ) from 2006. The largest share holder of Nordea is Sampo a Finnish insurance company with around 20% of the shares. Nordea is listed on the Stockholm Stock Exchange, Helsinki Stock Exchange and Copenhagen Stock Exchange.

Nordea has more than 1,400 branches and is present in 19 countries around the world, operating through full service branches, subsidiaries and representative offices.

The international corporate banking division has branches in Germany (Frankfurt), United Kingdom (London), Singapore, China (Shanghai) and in the United States (New York). Nordea International private banking has its headquarters in Luxembourg with branches in Belgium (Brussels), France (Cannes), Luxembourg, Spain (Fuengirola - Málaga) and Switzerland (Zurich). Besides, Nordea also has representative offices in Brazil (São Paulo) and China (Beijing).

Nordea currently serves 11 million private and 700,000 active corporate customers. The group also operates an internet bank, which is the world leader of internet banking in terms of usage, having more than 5.9 million online customers doing more than 260 million payments / year.

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