Our history

Hans Christian Andersen (1805–1875), the famous Danish poet and fairy tale writer, was one of Nordea’s first customers.

Our Nordic banking roots run deep and for nearly 200 years Nordea has enabled customers to fulfil their goals and dreams. 

Our family tree includes some 300 banks in the Nordic countries, founded from the 1820s onwards. In the 1990s we had become four banks one in Sweden (Nordbanken), Finland (Merita Bank), Denmark (Unibank) and Norway (Christiania Bank og Kreditkasse) respectively.

In 2001, these four banks created the foundation of the new banking group Nordea under a vision to bring the best Nordic ideas into one bank.

In 2017, we simplified our legal structure by changing our subsidiary banks in Finland, Denmark and Norway into branches of the Swedish parent company, Nordea Bank AB (publ), to better reflect the way we operate. A simpler structure decreases complexity and enables us to focus on delivering the best possible experiences to our customers. Our ambition with the transformation is to make it even easier for our customers to deal with us and at the same time leverage our expertise as One Nordea.

Today, we hold leading positions in corporate and institutional banking as well as in retail and private banking. We are also the leading provider of life and pensions products in the Nordic countries.

We are among the ten largest universal banks in Europe in terms of total market capitalisation and have around 11 million customers, 30,000 employees and approximately 600 branch office locations.