Nordea Bank AB (publ) Sweden

Bank Information

Bank Name Nordea Bank AB (publ) Sweden
Bank Short Name NOR SW
Bank Type Associate Bank
Operating Country Sweden
Number of Domestic Branches 325 branches
Number of non-domestic Branches branches across 11 countries within group
Euro Sub member EURO 1, STEP1 member, STEP2 direct participants, TARGET member

Registered Address

Nordea Bank AB (Publ)
Hamngatan 10
Stockholm
105 71

Description

Nordeas vision is to be the leading Nordic bank, acknowledged for its people, creating superior value for customers and shareholders. We are making it possible for our customers to reach their goals by providing a wide range of products, services and solutions within banking, asset management and insurance.

Contact Information

www.nordea.com

Profile

Nordea is the result of the successive mergers and acquisitions of the Swedish, Finnish, Danish and Norwegian banks of Nordbanken, Merita Bank, Unibank and Christiania that took place between 1997 and 2000. It is the leading financial services group in the Nordic and Baltic Sea region. The Group operates in three business areas: Retail Banking, Wholesale Banking and Wealth Management.

Market Position

3rd largest bank in Sweden

Rating

 Long Term   Short Term   
Fitch  AA- F1+
Standard and Poor's         AA-A-/1+ 
Moody's Aa2 P-1

Accolades

Accolades for group:
  • Global Finance- "Best Bank for Payments and Collections in the Nordic Region 2011"
  • Global Finance - "Safest bank in the Nordic region 2010"
  • Euromoney - "Best Cash Manager in Nordics and Baltic's  2009"
  • Euromoney - "Best Trade Finance Bank in the Nordic/Baltic region 2010"
  • Accolades for Nordea Bank Sweden:
  • The  Banker - "Bank of the Year, Sweden." 2009 and 2010

Membership of Clearings

ACH:
PlusGirot – SEK and EUR
Bankgirot – SEK and EUR

RTGS:
K-RIX, SEK
E-RIX, EUR

CLS Services Ltd 

Other memberships

  • BAFT-IFSA 
  • The Institute of International Finance
  • International Capital Market Association
  • International Securities Services Association
  • Swedish Bankers' Association
  • Swedish Securities Dealers Association

Euro

Sub member EURO 1, STEP1 member, STEP2 direct participants, TARGET member