Nordea Bank Abp

Bank · Helsinki, Finland · overall 5.4 / 10

How this 5.4 is built

Average of 6 scored needs: 5.4. Regulation in Finland: 100/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. 2 scores backed by filings or its own pages.

Nordea Bank Abp is recorded in the global register as a bank in Helsinki, Finland. The register names European Central Bank, list of monetary financial institutions as its regulator and shows the licence as licensed. Total assets 654.35 bn USD. Established 2001. Collected from open registers.

On its own website: “Nordea on Pohjoismaiden suurin pankki. Tarjoamme kattavat pankkipalvelut ja palvelemme digitaalisesti missä ja milloin tahansa. Tervetuloa asiakkaaksi!”

Legal name: Nordea Bank Abp
Regulated by: European Central Bank, list of monetary financial institutions
Licence confirmed: yes, on a regulator's own list
Established: 2001
LEI: 529900ODI3047E2LIV03
Website: www.nordea.fi/

Scores, 0 to 10

8.5Financial strength & stability

· source

6.0Europe (EU, EEA, Switzerland)

Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet. · source

5.0Lowest fees

Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

5.0Best interest on business balances

Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

5.0Trade, manufacturing & import-export

Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

4.5Cross-border payments, FX and multi-currency accounts

Its own business page names SEPA, SEPA Instant, so payments can leave the country. The score stops at 4.5 because the page did not give the currencies the account holds or the margin on the exchange rate, and the rubric needs both to go higher. · source

4.5Fast digital onboarding

Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.