Nordea Bank Abp, commonly referred to as Nordea, is a Nordic financial services group operating in northern Europe with headquarters in Helsinki, Finland. The name is a blend of the words "Nordic" and "idea". The bank is the result of the successive mergers and acquisitions of the Finnish, Swedish, Danish, and Norwegian banks of Merita Bank, Nordbanken, Unidanmark, and Christiania Bank og Kreditkasse that took place between 1997 and 2001. The Nordic countries are considered Nordea's home market, having finalised the sales of their Polish bank in 2014, Baltic operations in 2019 and completed the exit from Russia in early 2022 following a 2019 decision to close the business there.Nordea is listed on Nasdaq Nordic exchanges in Helsinki, Copenhagen, and Stockholm and Nordea ADR is listed in the US.
PlusGirot(formerly PostGirot) is a Swedish money transaction system, owned by Nordea. PlusGirot is one of two proprietary clearing systems used for regular transactions such as bill payments in Sweden.
Nils Gustav Herman Lundgren is a Swedish politician and economist, who is a former Member of the European Parliament (MEP). Between 2004 and 2008 he was the leader of the eurosceptical June List, which he had co-founded.
Christiania Bank og Kreditkasse, branded domestically as Kreditkassen or K-Bank and internationally as Christiania Bank was a Norwegian bank that existed between 1848 and 2000 when it merged with MeritaNordbanken and became Nordea. The bank had its headquarters in Oslo and was Norway's second largest bank at the time of the merger.
Nils Wilhelm Erik Penser is a Swedish financier and businessman.
Storebrand is a financial services company in Norway. By volume, the company's main activities are related to life insurance and pension savings. However, the company also has major divisions working on investments, banking and, until 1999 and again since 2006, P&C insurance products. Through its acquisition of Swedish SPP from Handelsbanken in 2007, Storebrand gained a sizable division dedicated to the Swedish market for life insurance.
Hans Folkeson Dalborg was a Swedish business executive, who was chairman of the board of Nordea from 2002 to 2011.
Otto. is Finland's interbank network, connecting the ATMs of nearly every bank in the country. It is owned and operated by Automatia. They offer service in Finnish and Swedish, but also in English to holders of international ATM cards. The word "Otto" means "withdrawal" in Finnish, and is also a relatively common given name. The withdrawal points use machines from two different equipment manufacturers: NCR's Scottish subsidiary and German Wincor Nixdorf. The software and the new chip card readers have been supplied by Fujitsu Finland, and the information system is in charge of Tieto-Evry.
Kansallis-Osake-Pankki (KOP) was a Finnish commercial bank operating from 1889 to 1995. It was created by the fennoman movement as a Finnish language alternative to the largely Swedish language bank, Suomen Yhdyspankki. The two banks were merged in 1995 to form the Merita Bank. Merita Bank was later merged with Swedish Nordbanken to form Nordea.
Göran Albert Casimir "Casse" Ehrnrooth, titled Vuorineuvos, was a Finnish magnate and former chairman of the Nokia Corporation. His business career began in the forest industry, and later he was a director of UPM-Kymmene and Merita-Nordbanken.
Åge Korsvold is a Norwegian businessperson and since 2006 chief executive officer of Kistefos.
Kreditbanken is a former bank that was based in Stockholm, Sweden. Founded in 1923, it was merged with the Post Bank to form PK-Banken in 1974. PK-Banken purchased Nordbanken in 1980, and it later changed its name to Nordbanken, which in turn became part of Nordea.
The Finnish Banking Crisis of 1990s was a deep systemic crisis of the entire Finnish financial sector that took place mainly in the years 1991–1993, after several years of debt-based economic boom in the late 1980s. Its total taxpayer cost was roughly 8% of the Finnish GNP, making it the most severe of the contemporary Nordic banking crises. The crisis has been attributed to a combination of macro-economic turbulence, weak regulation, and bank-specific problems. Governmental intervention included bank takeovers, direct monetary assistance and temporary blanket guarantees to the banks.
Maizels, Westerberg & Co. was a leading independent investment banking firm, specialising in major corporate finance transactions in the Nordic countries. The major focus of the firm was owner-driven transactions, restructurings, mergers, acquisitions and divestitures.
The early 1990s depression in Finland was one of the worst economic crises in Finland's history, even worse there than the 1930s Great Depression.
Nordea Bank Norge is the Norwegian branch of Nordea Bank Abp, the Norwegian retail part of the Nordea financial group. The Norwegian headquarters is in Essendrops gate 7, Oslo.
Banking in Estonia covers banking in Estonia. Banking started with the establishment of the central bank, the Bank of Estonia in 1919. It lost control during the Soviet period when banking was controlled from Moscow by Soviet powers. It was reestablished in 1990. As of 2022 it consists of the central bank and a number of commercial banks providing banking and financial services. Many of the commercial banks operating in Estonia are foreign banks primely from Scandinavia.
