Our organisation

Your trusted banking partner

We strive to meet your specific needs, regardless if you are a private, a corporate or an institutional customer. Trough our four business areas we offer you expertise across a full range of products and services. Learn more below.

Personal
Banking

We offer our household customers in all the Nordic markets a full range of financial services and solutions through digital and other channels

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Commercial and Business Banking

We serve small, medium and large corporate customers. We also provide transaction banking and finance services to both personal and corporate customers.

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Wholesale
Banking 

We are the largest wholesale bank in the Nordic region, providing financial solutions to our largest corporate and institutional customers

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Asset & Wealth
Management

We provide high-quality investment, savings and pensions solutions to individuals and
institutional investors

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Personal Banking

Sara Mella 124

Acting head Sara Mella

Key Figures: 

No of employees: about 10 300
No of customers: about 9.3 million
Share of group operating income in 2018: 32%
Share of group operating profit in 2018: 26%

Personal Banking is Nordea’s largest business area in terms of earnings as well as number of employees. We offer customers in our four Nordic home markets a full range of financial services that cater to our customers' day-to-day financial needs.

We service our customers through the internet bank, the mobile bank, over the phone, via online meetings and at our branch offices.

Nordea Personal Banking has operations in our four Nordic home markets, DenmarkFinlandNorway and Sweden.  

Commercial and Business Banking

BH_Erik-Ekman 

Headed by Erik Ekman 

Key figures:
No of employees: about 4 800
No of customers: about 550 000
Share of group operating income in 2018: 23%
Share of group operating profit in 2018: 23%

The Commercial & Business Banking business area serves small, mid-sized and large corporate customers with the day-to-day needs of corporations and corporate customers. Mid-sized to large companies are serviced by Business Banking, which has units in Denmark, Finland, Norway and Sweden, respectively. The Business Banking Direct unit handles all small corporate customers.

The business area also houses the unit Transaction Banking which manages card services for all Nordea’s customers. Additionally, Transaction Banking’s offering includes cash management products and trade-finance assistance. The unit is also responsible for developing our mobile payment & e-commerce solutions.

The Commercial & Business Banking unit Nordea Finance offers consumer, car and vendor financing. 

Wholesale Banking

BH_Martin-Persson 

Headed by Martin A. Persson
Follow Martin on LinkedIn

Key figures:
No of employees: about 3 600
No of customer groups: about 3 000
Share of group operating income in 2018: 19%
Share of group operating profit in 2018: 19%

Nordea Wholesale Banking provides financial solutions to large Nordic and international corporations and institutional customers. We are the largest wholesale bank in the Nordic region.

The unit Corporate & Investment Banking offers large corporations advisory and financial solution services in areas such as mergers & acquisitions, equity capital markets and debt capital markets.

Wholesale Banking also includes Nordea Markets and its research and trading services.

The business area has operations in our four Nordic home markets and branches in New York, London, Singapore, Frankfurt, Shanghai as well as in Russia. The international network offers services to customers within shipping, offshore, oil, corporate & investment banking and commercial banking.

Asset & Wealth Management

BH_Snorre-Storset 

Headed by Snorre Storset
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Key figures:
No of employees: about 2 700 (380 outside Nordic countries)
Assets under management at 31/12 2018:  282.6 billion euro
No of Private Banking customers: about 97 500
Share of group operating income in 2018: 19%
Share of group operating profit in 2018: 24%

Asset & Wealth Management is the area within Nordea that offers savings products and manages our customers’ accumulated wealth. The business area includes Private Banking, Life & Pensions and Asset Management.

The fund-managing Asset Management arm also houses our Responsible Investments team. Responsible Investments analyses companies to spot potential opportunities and risks related to environmental, social and governance issues ahead of and during an investment.

Nordea Asset & Wealth Management is the largest provider in the Nordic region of services within private banking, life & pensions and wealth management. Nordea’s savings products are offered through our own distribution network and through partners.

The business area has sales offices in 16 countries around the world, though some country offices also cover additional markets. Nordea Asset & Wealth Management’s current offices are located in Austria, Belgium, Chile, Denmark, Finland, France, Germany, Italy, Luxembourg, Singapore, Spain, Switzerland Norway, Sweden, the U.K and the U.S.  

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