Nordea

Nordea Bank Abp (Finnish: Nordea Bank Oyj), commonly referred to as Nordea, is a European financial services group operating in northern Europe and based in Helsinki, Finland. The name “Nordea” comes from putting together the words “Nordic” and “ideas”. 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 Baltic operations in 2019. The largest shareholder of Nordea is Sampo, a Finnish insurance company with 15.9% of the shares. Nordea is listed on Nasdaq Nordic exchanges in Helsinki, Copenhagen, and Stockholm and Nordea ADR is listed in the US.