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Nordea
Nordea Bank Abp, commonly referred to as Nordea, is a Nordic financial services group operating in northern Europe with headquarters in Helsinki, Finland. The name is a blend of the words "Nordic" and "idea". The Nordic countries are considered Nordea's home market, having finalised the sales of their Polish bank in 2014, Baltic operations in 2019 and completed the exit from Russia in early 2022 following a 2019 decision to close the business there. Nordea is listed on Nasdaq Nordic exchanges in Helsinki, Copenhagen, and Stockholm and Nordea ADR is listed in the US. Nordea serves 9.3 million private and 530,000 active corporate customers, including 2,650 large corporates and institutions. Nordea's credit portfolio is distributed across Finland (21%), Denmark (26%), Norway (21%), and Sweden (30%). There are four Business Areas (BAs) at Nordea, Personal Banking, Business Banking, Large Corporates & Institutions, and Asset & Wealth Management. Assets under Management (AUM) were € ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hans Dalborg
Hans Folkeson Dalborg (born 21 May 1941 in Säter, Dalarna, died 26 October 2022 in Stockholm,) was a Swedish business executive, who was chairman of the board of Nordea from 2002 to 2011. Biography Dalborg completed a B.A. degree in Slavic languages at Uppsala University, where he was an active member of the Juvenalorden and a member of ''Kruthornen'', the band of the Västmanlands-Dala nation.Gunilla Sthyr,Företagsproffs tar över klubban", press release from Uppsala University, 2003-03-11. He later studied economics at the Stockholm School of Economics, where he completed a doctorate in 1974. He worked for the insurance company Skandia from 1972 and was chief executive officer of Skandia International Insurance Corporation from 1989 until 1991, becoming president and CEO of Nordbanken AB 1991–1997, remaining as president and Group CEO of MeritaNordbanken PLC 1998–99, and President and CEO of Nordea Bank AB from 2000 until 2004. He has been chairman of the board of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Christiania Bank- Og Kreditkasse
Christiania Bank og Kreditkasse, branded domestically as Kreditkassen or K-Bank and internationally as Christiania Bank+ was a Norwegian bank that existed between 1848 and 2000 when it merged with MeritaNordbanken and became Nordea. The bank had its headquarters in Oslo and was Norway's second largest bank at the time of the merger. Christiania Bank had branch offices in London, New York, and Singapore. History The bank was founded in Oslo (then called Christiania) in 1848 as Christiania Kreditkasse, though changed its name to Christiania Bank og Kreditkasse in 1862. In 1858, the bank moved out of its temporary location at the home of the bank manager, Fritz Henrich Frölich, and to permanent locations. It opened branches in 1897, under the directorship of Peter Harboe Castberg The bank expanded out of Oslo in 1957 when it bought Elverum Kreditbank and Hamar Privatbank, and in 1959 with the acquisition of Agder Bank. By 1965, the bank had 18 offices outside Oslo. In 197 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank
A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of Bank regulation, regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure accounting liquidity, liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sweden Financial Crisis 1990-1994
Sweden, formally the Kingdom of Sweden, is a Nordic countries, Nordic country located on the Scandinavian Peninsula in Northern Europe. It borders Norway to the west and north, and Finland to the east. At , Sweden is the largest Nordic country by both area and population, and is the List of European countries by area, fifth-largest country in Europe. Its capital and largest city is Stockholm. Sweden has a population of 10.6 million, and a low population density of ; 88% of Swedes reside in urban areas. They are mostly in the central and southern half of the country. Sweden's urban areas together cover 1.5% of its land area. Sweden has a diverse Climate of Sweden, climate owing to the length of the country, which ranges from 55th parallel north, 55°N to 69th parallel north, 69°N. Sweden has been inhabited since Prehistoric Sweden, prehistoric times around 12,000 BC. The inhabitants emerged as the Geats () and Swedes (tribe), Swedes (), who formed part of the sea-faring peopl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Finnish Banking Crisis Of 1990s
The Finnish Banking Crisis of 1990s was a deep systemic crisis of the entire Finnish financial sector that took place mainly in the years 1991–1993, after several years of debt-based economic boom in the late 1980s. Its total taxpayer cost was roughly 8% of the Finnish GNP, making it the most severe of the contemporary Nordic banking crises. The crisis has been attributed to a combination of macro-economic turbulence, weak regulation, and bank-specific problems.Liisa HalmeThe 1990s banking crisis in Finland: main causes and consequences, lessons for the future. 2002. Governmental intervention included bank takeovers, direct monetary assistance and temporary blanket guarantees to the banks.Managing the banking c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kansallis-Osake-Pankki
Kansallis-Osake-Pankki (KOP) was a Finnish commercial bank operating from 1889 to 1995. It was created by the fennoman movement as a Finnish language alternative to the largely Swedish language bank, Suomen Yhdyspankki (''Swedish: Föreningsbanken i Finland''). The two banks were merged in 1995 to form the Merita Bank. Merita Bank was later merged with Swedish Nordbanken to form Nordea. Directors * Otto Hjelt (1889–1892) * Fredrik Nybom (1892–1914) * J.K. Paasikivi (1914–1934) * Mauri Honkajuuri (1934–1948) * Matti Virkkunen (1948–1975) * Veikko Makkonen (1975–1983) * Jaakko Lassila (1983–1991) * Pertti Voutilainen (1991–1995) See also External links Panu Moilanen: Kämpin peilisalista Savoyn juhlakerrokseen. 105 vuotta Kansallis-Osake-Pankkia Banks of Finland Banks established in 1889 1889 establishments in the Russian Empire Companies formerly listed on Nasdaq Helsinki {{Finland-company-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sweden
Sweden, formally the Kingdom of Sweden, is a Nordic countries, Nordic country located on the Scandinavian Peninsula in Northern Europe. It borders Norway to the west and north, and Finland to the east. At , Sweden is the largest Nordic country by both area and population, and is the List of European countries by area, fifth-largest country in Europe. Its capital and largest city is Stockholm. Sweden has a population of 10.6 million, and a low population density of ; 88% of Swedes reside in urban areas. They are mostly in the central and southern half of the country. Sweden's urban areas together cover 1.5% of its land area. Sweden has a diverse Climate of Sweden, climate owing to the length of the country, which ranges from 55th parallel north, 55°N to 69th parallel north, 69°N. Sweden has been inhabited since Prehistoric Sweden, prehistoric times around 12,000 BC. The inhabitants emerged as the Geats () and Swedes (tribe), Swedes (), who formed part of the sea-faring peopl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Finland
Finland, officially the Republic of Finland, is a Nordic country in Northern Europe. It borders Sweden to the northwest, Norway to the north, and Russia to the east, with the Gulf of Bothnia to the west and the Gulf of Finland to the south, opposite Estonia. Finland has a population of 5.6 million. Its capital and largest city is Helsinki. The majority of the population are Finns, ethnic Finns. The official languages are Finnish language, Finnish and Swedish language, Swedish; 84.1 percent of the population speak the first as their mother tongue and 5.1 percent the latter. Finland's climate varies from humid continental climate, humid continental in the south to boreal climate, boreal in the north. The land cover is predominantly boreal forest biome, with List of lakes of Finland, more than 180,000 recorded lakes. Finland was first settled around 9000 BC after the Last Glacial Period, last Ice Age. During the Stone Age, various cultures emerged, distinguished by differen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vallila
Vallila () is a Subdivisions of Helsinki#Neighbourhoods, neighbourhood in Helsinki, the capital of Finland. Vallila is a central-northern neighbourhood, bordered by Pasila to the west and Alppiharju to the south. Like Kallio, Vallila is mostly residential and has a reputation of being a working-class neighbourhood. In the past two decades people from artistic professions have found the area. Vallila though still retains its roots from 1910s to 1980s by being one of the rare neighbourhoods which still has an industrial area and abundant amount of workshop businesses. Because of gentrification Vallila is nowadays considered a trendy area in Helsinki (like Kallio) among young adults and housing is expensive, particularly in Puu-Vallila. Several major companies, such as S Group, Telia Company, Telia Finland, OP Financial Group and Nordea, have their headquarters in Vallila. Vallila is famous for its many old wooden houses dating back to the 1900s–1920s, which are spread over many b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sparekassen For Kjøbenhavn Og Omegn
Sparekassen for Kjøbenhavn og Omegn () was a local savings bank in Copenhagen, Denmark. Its headquarters was from 1870 located at the corner of Niels Hemmingsens Gade (No. 24) and Løvstræde (No. 8). The building has later housed the Danish Hotel and Restaurant School and is now home to a Paustian flagship store. History Sparekassen for Kjøbenhavn og Omegn was founded on 1 May 1820 by secretary in the General Customs Chamber and Commerdekollegiet H. Bech, Jonas Collin, J. P. Mynset, P. Møller, mayor F. C. Schäffer and priest at Trinitatis Church J. L. Paludan. Building The savings bank was initially based in the new Copenhagen Court House, City Hall on Nytorv9. It was later based in Frederiksholms Kanal and Rådhusstræde. The savings bank purchased a building at the corner of Niels Hemmingsens Gade (No. 24) and Løvstræde (No. 7) in 1864. The building was in 1866-1868 adapted for use as new bank headquarters by architects Vilhelm Klein (1835-1913) and Hans Conrad Stilling ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
