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Encyclopedia > Nordea

Nordea Bank AB (publ)
Type Public
Founded 2000
Headquarters Stockholm, Sweden
Key people Hans Dalborg (Chairman of the board), Christian Clausen (President and CEO)
Industry Financial services
Products Corporate and retail banking, asset management
Net income 3.15 billion EUR (2006)
Employees 29,000 (2006)
Website http://www.nordea.com/

Nordea is a financial services group operating in Northern Europe, based in Stockholm. It 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. The largest share holder of Nordea is the Swedish Government with 19,9 % of the shares. Nordea is listed in Stockholm Stock Exchange, Helsinki Stock Exchange and Copenhagen Stock Exchange. Image File history File links No higher resolution available. ... Year 2000 (MM) was a leap year starting on Saturday (link will display full 2000 Gregorian calendar). ... For other uses, see Stockholm (disambiguation). ... The phrase Chairman of the Board has several meanings: Chairman of the Board is the term used to denote the leader of a corporations board of directors. ... Chief Executive Officer (CEO) is the job of having the ultimate executive responsibility or authority within an organization or corporation. ... Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. ... Image File history File links No higher resolution available. ... “EUR” redirects here. ... For the album by the Kaiser Chiefs see Employment (album) Employment is a contract between two parties, one being the employer and the other being the employee. ... A website (alternatively, Web site or web site) is a collection of Web pages, images, videos and other digital assets that is hosted on one or several Web server(s), usually accessible via the Internet, cell phone or a LAN. A Web page is a document, typically written in HTML... This article does not cite any references or sources. ... For other uses, see Europe (disambiguation). ... For other uses, see Stockholm (disambiguation). ... For other uses, see Bank (disambiguation). ... Nordea is a financial services group operating in Northern Europe, based in Stockholm. ... Christiania Bank. ... For the band, see 1997 (band). ... Year 2000 (MM) was a leap year starting on Saturday (link will display full 2000 Gregorian calendar). ... For other uses, see Sweden (disambiguation). ... The Stockholm Stock Exchange is a stock exchange located in Stockholm, Sweden. ... For the numeral system, Hex, see Hexadecimal For Wikipedias help pages, see Help:Contents. ... The Copenhagen Stock Exchange (CSE) is an international marketplace for Danish securities, including shares, bonds, Treasury bills and notes, and financial futures and options. ...


Nordea has more than 1,100 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, 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 - Malaga) and Switzerland (Zurich).


Nordea currently serves 10 million private and 960,000 corporate customers. The group also operates an internet bank, which is the world leader of internet banking in terms of usage, having more than 4.8 million online customers doing more than 200 million payments / year. Online banking (Internet banking) is a term used for performing transactions, payments etc. ...


Online theft

In 2007 Nordea was the victim of the largest online robbery in Sweden to date. The amount money involved was, 'between seven and eight million Swedish krona', (about a million US dollars). [1]


The theft was perpetrated by targeting Nordea customers with phishing emails containing a trojan horse, that was especially made for this robbery. Apparently these email were sent out over a period of 15 months. According to Nordea, at least 250 people had unwittingly installed the trojan. This phishing attempt, disguised as an official email from a (fictional) bank, attempts to trick the banks members into giving away their account information by confirming it at the phishers linked website. ... The tone or style of this article or section may not be appropriate for Wikipedia. ...


The thieves evaded detection by limiting their transfers to small sums. Nordea has refunded all the victims and is now implementing a new security system.


See also

PlusGirot (formely PostGirot) is a Swedish bank, owned by Nordea. ... The European Financial Services Roundtable (EFSR) is a European organization, located in Brussels, Belgium, of financial service companies to provide a voice on policies of the European Union related to financial matters. ... Kansallis-Osake-Pankki (KOP) was a Finnish commercial bank operating from 1889 to 1995. ...

External links


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