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Printed by customer 2010.09.02

The recent years

Nordbanken
Nordbanken's origins stem from PKbanken founded in 1974 through the merger of Sveriges Kreditbank and Postbanken. The name Nordbanken was first established when Sundsvallsbanken and Uplandsbanken merged in 1986. In 1990 PKbanken bought Nordbanken and took on the name.
Merita
Merita Bank was created in 1995 when Kansallis-Osake-Pankki merged with Unitas Ltd, the holding company of Union Bank of Finland, and the banking activities of the two banks were merged.
Unidanmark/Unibank
In 1990 Unibank was formed through the merger of Privatbanken, SDS Bank and Andelsbanken. Following the merger Unibank had some rough years, culminating in the severe 1992 crisis, which hit the entire financial services sector in Denmark. In March 1999 Unidanmark, the parent company of Unibank, and Tryg-Baltica, Denmark's largest insurance company, agreed to merge their operations to form a leading Nordic financial services group.
Tryg-Baltica
The Tryg-Baltica Group was formed in 1995 as a result of a merger of two Danish insurance companies Tryg Forsikring and Baltica Forsikring. In 1999 Tryg-Baltica merged with Unibank, and the following year both companies became part of the Nordic merger to form Nordea. In November 2001 the insurance company changed its name to Tryg Forsikring. In the summer of 2002 the general insurance activities were sold to Tryg smba.
Vesta
The Norwegian insurance company Vesta was founded in 1880. Tryg Forsikring acquired Vesta in 1999, and today the company forms part of Nordea Life Holding A/S Danmark.
MeritaNordbanken
On November 26, 1997, at an Extraordinary General Meeting of Merita Abp, the shareholders accepted the public offer from Nordbanken Holding, and the companies merged. MeritaNordbanken became one of the leading banking groups in the Baltic region, with strong positions in two home markets. At the time of the merger the customer base comprised approximately 6,5m private individuals and nearly 300,000 companies.
Christiania Bank og Kreditkasse
The bank was established in 1848. As of 1851 the official name of the bank was changed to Christiania Bank og Kreditkasse. In September 1999 MeritaNordbanken made an offer for all the shares in Christiania Bank og Kreditkasse. On 28 December 2000 Christiania Bank og Kreditkasse became a part of Nordea, the Nordic financial services group.
Postgirot Bank
Postgirot was founded in 1925 as an activity of the Postsparbanken (Postal Savings Bank) of that time. Postgirot Bank AB (publ) became a wholly-owned subsidiary of Nordea on the 3rd of December, 2001.
Nordic Baltic Holding
Nordic Baltic Holding was established in the beginning of 2000 by the unification of Merita Abp and Nordbanken Holding owner companies. In October same year the name of the new Nordic group was proposed to be Nordea.
Latvia
In April 1992 the Investment Bank of Latvia was founded under the aegis of the Baltic Investment Program - the Nordic countries Aid Program for the development of market economy in the Baltic Countries. In 2000 Nordea in Latvia starts to operate in retail segments.
Lithuania
In Lithuania the first branch opened in May 2000. In October the name Merita Bank Plc Vilnius branch name was changed to Nordea Lithuania. In 2004 Nordea are present in all major cities.
Estonia
After the merger of Unitas/UBF and KOP in 1995 the first common bank branch office was opened in Tallinn in February 1995 as the corporate branch. Also Nordea Finance starts its operations in Estonia this year under the name Estonian Industrial Leasing.
Bank Komunalny
In 1999 Nordea was established in Poland via the acquisition of Bank Komunalny in Gdynia.
BWP
In December 2001 the banking operations (Nordea Bank Polska S.A) merged with BWP-Unibank S.A. and extended its sales network.
LG Petro
In 2003 Nordea finalised the merger with LG Petro bank.
Kredyt Bank
In June 2004, Nordea acquired Kredyt Bank S.A. in Lithuania.
Sampo Polska
In 2005 Nordea acquired Sampo's life insurance operations in Poland.
International Moscow Bank, IMB
Nordea, Kansallis-Osake-Pankki, was one of five international banks, which founded IMB in 1989.