Highlights 2005

January

Christiania Bank og Kreditkasse included in Nordea following completion of the acquisition.

Thorleif Krarup new CEO. New management appointed effective from 1 January.
 

February

General Insurance to personal customers introduced in Finland.

Nordea Investment Management awarded "A firm to watch in 2001" by Global Investor.
 

April

Aros Maizels changed name to Nordea Securities.
 

May

First step to align the legal structure to the business structure.
 

July

Nordea made agreement to acquire Sweden's Postgirot Bank.
 

August

Nordea banking subsidiaries upgraded by
Fitch to AA-/FI+.
 

September

Nordea awarded best e-banking strategy by "The Banker" for the second year in a row.

Nordea awarded "Fund Manager of the Year" in Sweden by Sparöversikt for the second consecutive year.
 

October

Review of strategic alternatives for general insurance activities announced.

Change in business organisation and man-agement.
 

November

The acquisition of Postgirot Bank approved by the European Commission.

Nordea opened office in Shanghai.
 

December

Nordea brand adopted by Nordbanken, Merita, Unibank and K-Bank.

Completion of the acquisition of Postgirot Bank.
  

Source: Annual Report 2005