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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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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Large Corporates & Institutions

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

GLT Sara Mella 124x124 

Headed by Sara Mella

Key Figures:
No of employees: about 7 500
No of customers: more than 9 million

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.   

Business Banking

Acting head Ari Kaperi

Key figures:  
No of employees: about 4 500
No of customers: more than 500 000

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

Large Corporates & Institutions

Martin A Persson 124x124 

Headed by Martin A. Persson
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Key figures:
No of employees: about 1 800
No of customer groups: about 3 000

Large Corporates & Institutions 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.

Large Corporates & Institutions 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

GLT Snorre Storset 124x124 

Headed by Snorre Storset
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Key figures:
No of employees: about 2 700 (240 outside Nordic countries)
Assets under management at 31/12 2019: 324.1 billion euro
No of Private Banking customers: about 94 000

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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