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Kreditbanken
Kreditbanken is a former bank that was based in Stockholm, Sweden. Founded in 1923, it was merged with the Post Bank to form PK-Banken in 1974. PK-Banken purchased Nordbanken in 1980, and it later changed its name to Nordbanken, which in turn became part of Nordea. The Kreditbanken is notable in that the condition known as Stockholm syndrome was named after the Norrmalmstorg robbery, which took place here. Nobis Hotel Stockholm Nobis Hotel Stockholm is an upscale hotel in central Stockholm, Sweden. Located on Norrmalmstorg, the hotel has 201 rooms.
occupies the northern end of the building. 1974 disestablishments in Sweden
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Norrmalmstorg Robbery
The Norrmalmstorg robbery was a bank robbery and hostage crisis best known as the origin of the term ''Stockholm syndrome''. It occurred at the Norrmalmstorg Square in Stockholm, Sweden, in August 1973 and was the first criminal event in Sweden to be covered by live television. Jan-Erik Olsson was a convicted criminal who had disappeared while on furlough from prison and then held up the Kreditbanken bank, taking four hostages in the process. During the negotiations that followed, Swedish Minister of Justice Lennart Geijer allowed Olsson's former cellmate and friend Clark Olofsson to be brought from prison to the bank. Although Olofsson was a long-time career criminal, it was deemed unlikely that he was in league with Olsson. Famously, the hostages then bonded with their captors and appeared to protect them. It must be noted, however, that the hostages were in fact simply distrustful of the police and their willingness to risk the hostages' lives. Police finally mounted a tear-ga ...
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Kreditbanken Norrmalmstorg 2012a
Kreditbanken is a former bank that was based in Stockholm, Sweden. Founded in 1923, it was merged with the Post Bank to form PK-Banken in 1974. PK-Banken purchased Nordbanken in 1980, and it later changed its name to Nordbanken, which in turn became part of Nordea. The Kreditbanken is notable in that the condition known as Stockholm syndrome was named after the Norrmalmstorg robbery, which took place here. Nobis Hotel Stockholm Nobis Hotel Stockholm is an upscale hotel in central Stockholm, Sweden. Located on Norrmalmstorg, the hotel has 201 rooms.
occupies the northern end of the building. 1974 disestablishments in Sweden
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Stockholm Syndrome
Stockholm syndrome is a condition in which hostages develop a psychological bond with their captors. It is supposed to result from a rather specific set of circumstances, namely the power imbalances contained in hostage-taking, kidnapping, and abusive relationships. Therefore, it is difficult to find a large number of people who experience Stockholm syndrome to conduct studies with any sort of power. This makes it hard to determine trends in the development and effects of the condition— and, in fact, it is a "contested illness" due to doubts about the legitimacy of the condition. Emotional bonds may be formed between captors and captives, during intimate time together, but these are generally considered irrational in light of the danger or risk endured by the victims. Stockholm syndrome has never been included in the '' Diagnostic and Statistical Manual of Mental Disorders'' or DSM, the standard tool for diagnosis of psychiatric illnesses and disorders in the US, mainly du ...
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Nobis Hotel Stockholm
Nobis Hotel Stockholm is an upscale hotel in central Stockholm, Sweden. Located on Norrmalmstorg, the hotel has 201 rooms."A Stay At A Truly 'Captivating' Hotel"
, 31 August, 2012 Its is one of its notable features.


Stockholm syndrome

It was in , which formerly occupied the ground floor of the building in which the hotel is now located, where the term "

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Bank
A bank is a financial institution that accepts 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. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of 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 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 of credit and lending that had their roots in the a ...
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Stockholm
Stockholm () is the Capital city, capital and List of urban areas in Sweden by population, largest city of Sweden as well as the List of urban areas in the Nordic countries, largest urban area in Scandinavia. Approximately 980,000 people live in the Stockholm Municipality, municipality, with 1.6 million in the Stockholm urban area, urban area, and 2.4 million in the Metropolitan Stockholm, metropolitan area. The city stretches across fourteen islands where Mälaren, Lake Mälaren flows into the Baltic Sea. Outside the city to the east, and along the coast, is the island chain of the Stockholm archipelago. The area has been settled since the Stone Age, in the 6th millennium BC, and was founded as a city in 1252 by Swedish statesman Birger Jarl. It is also the county seat of Stockholm County. For several hundred years, Stockholm was the capital of Finland as well (), which then was a part of Sweden. The population of the municipality of Stockholm is expected to reach o ...
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Sweden
Sweden, formally the Kingdom of Sweden,The United Nations Group of Experts on Geographical Names states that the country's formal name is the Kingdom of SwedenUNGEGN World Geographical Names, Sweden./ref> is a Nordic country located on the Scandinavian Peninsula in Northern Europe. It borders Norway to the west and north, Finland to the east, and is connected to Denmark in the southwest by a bridgetunnel across the Öresund. At , Sweden is the largest Nordic country, the third-largest country in the European Union, and the fifth-largest country in Europe. The capital and largest city is Stockholm. Sweden has a total population of 10.5 million, and a low population density of , with around 87% of Swedes residing in urban areas in the central and southern half of the country. Sweden has a nature dominated by forests and a large amount of lakes, including some of the largest in Europe. Many long rivers run from the Scandes range through the landscape, primarily ...
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Nordbanken
Nordea Bank Abp, commonly referred to as Nordea, is a European Finance, financial services group operating in northern Europe and based in Helsinki, Finland. The name is a blend of the words "Nordic" and "idea". The bank is the result of the successive mergers and acquisitions of the Finland, Finnish, Sweden, Swedish, Denmark, Danish, and Norway, Norwegian banks of Merita Bank, Nordbanken, Unibank (Denmark), Unidanmark, and Christiania Bank- og Kreditkasse, Christiania Bank og Kreditkasse that took place between 1997 and 2001. The Nordic countries are considered Nordea's home market, having finalised the sales of their Baltic operations in 2019. Nordea is listed on Nasdaq Nordic exchanges in Helsinki Stock Exchange, Helsinki, Copenhagen Stock Exchange, Copenhagen, and Stockholm stock exchange, 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 po ...
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Nordea
Nordea Bank Abp, commonly referred to as Nordea, is a European financial services group operating in northern Europe and based in Helsinki, Finland. The name is a blend of the words "Nordic" and "idea". The bank is the result of the successive mergers and acquisitions of the Finnish, Swedish, Danish, and Norwegian banks of Merita Bank, Nordbanken, Unidanmark, and Christiania Bank og Kreditkasse that took place between 1997 and 2001. The Nordic countries are considered Nordea's home market, having finalised the sales of their Baltic operations in 2019. 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 ...
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1974 Disestablishments In Sweden
Major events in 1974 include the aftermath of the 1973 oil crisis and the resignation of President of the United States, United States President Richard Nixon following the Watergate scandal. In the Middle East, the aftermath of the 1973 Yom Kippur War determined politics; following List of Prime Ministers of Israel, Israeli Prime Minister Golda Meir's resignation in response to high Israeli casualties, she was succeeded by Yitzhak Rabin. In Europe, the Turkish invasion of Cyprus, invasion and occupation of northern Cyprus by Turkey, Turkish troops initiated the Cyprus dispute, the Carnation Revolution took place in Portugal, and Chancellor of Germany, Chancellor of West Germany Willy Brandt resigned following an Guillaume affair, espionage scandal surrounding his secretary Günter Guillaume. In sports, the year was primarily dominated by the 1974 FIFA World Cup, FIFA World Cup in West Germany, in which the Germany national football team, German national team won the championshi ...
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Defunct Banks Of Sweden
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...
{{Disambiguation ...
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