About Nordea Bank Abp

Nordea Bank Abp provides various banking products and services. The company operates through Personal Banking, Commercial and Business Banking, Wholesale Banking, and Wealth Management business areas. Personal Banking In Personal Banking approximately 11,000 people serves approximately 10 million Personal Banking customers through a combination of physical and digital channels. The Personal Banking business area serves the company’s household customers through various channels offering a range of financial services and solutions. The business area includes advisory and service staff, channels, product units, back office and IT under a common strategy, operating model and governance across markets. Commercial and Business Banking This segment consists of commercial banking, business banking and transaction banking. Commercial and Business Banking applies a relationship-driven customer service model with a customer-centric value proposition for the company’s corporate customers. Commercial Banking serves large corporate customers while Business Banking serves small and medium-sized corporate customers. Both units operate in Denmark, Sweden, Norway and Finland and serve approximately 500,000 corporate customers from physical and online branches across the Nordics. With a team of approximately 2,500 people across multiple regions, Transaction Banking incorporates a full value chain and provides services to household, corporate and institutional customers across the Nordics and represents a major innovation hub within the Nordea group. Services include payments, liquidity management, cards, point-of-sale financing, working capital management, trade finance, leasing, and factoring. Wholesale Banking This segment provides financial solutions to large Nordic and international corporate and institutional customers. The offering includes a range of financing, cash management and payment services, investment banking, capital markets products and securities services. Wholesale Banking has the large corporate and institutional customer franchise in the Nordics and, through its markets, serves a range of commercial and business banking, wealth management and personal banking customers. Wealth Management Wealth Management provides investment, savings and risk management solutions. It manages customers’ assets and provides financial advice to high net worth individuals and institutional investors. The area consists of the three businesses: Private Banking, serving customers from branches in the Nordics as well as from offices in Luxembourg and Singapore; asset management, responsible for actively managed investment funds and mandates and for serving institutional asset management customers; and Life & Pensions, serving customers with a range of pension, endowment and risk products. History Nordea Bank AB was founded in 1820.