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Nordea Bank Abp
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vallila
Vallila () is a 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 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 blocks. Many buildings by the main streets are fine exa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...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 cri ... [...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 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 m .... 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 juhla ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Christiania Bank
Christiania Bank og Kreditkasse, branded domestically as Kreditkassen or K-Bank and internationally as Christiania Bank was a Norway, Norwegian bank that existed between 1848 and 2000 when it merger, 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 City, New York, and Singapore. History The bank was founded in Oslo (then called Oslo, 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 (banker), 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stockholm Stock Exchange
Nasdaq Stockholm, formerly known as the Stockholm Stock Exchange ( sv, Stockholmsbörsen), is a stock exchange located in Frihamnen, Stockholm, Sweden. Founded in 1863, it has become the primary securities exchange of the Nordic countries. As of March 2021, a total of 832 companies are listed on Nasdaq Stockholm with 385 companies on the main market and additional 447 listed on secondary markets (Nasdaq First North and Nasdaq First North Premier). History The Stockholm Stock Exchange was acquired by futures exchange OM in 1998. After OM merged with the Helsinki Stock Exchange to form what is now OMX in 2003, the Stockholm and Helsinki exchanges' operations were merged. Since 2008, the Stockholm Stock Exchange has been part of Nasdaq, Inc. (formerly called ''Nasdaq OMX Group'') and its Nasdaq Nordic markets. As of October 2014, the exchange operated under the legal name ''Nasdaq OMX Stockholm AB'' (renamed ''Nasdaq Stockholm AB'' in 2015). Prior to the introduction of electroni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Copenhagen Stock Exchange
The Nasdaq Copenhagen, formerly known as the Copenhagen Stock Exchange ( da, Københavns Fondsbørs), is an international marketplace for Danish securities, including shares, bonds, treasury bills and notes, and financial futures and options. Nasdaq Copenhagen is one of the Nasdaq Nordic Exchanges. Nasdaq Nordic goes back to the 2003 merger of ''OM AB'' and ''HEX plc'' to form ''OMX'' and is, since February 2008, part of Nasdaq, Inc. (formerly known as ''NASDAQ OMX Group''). Background and structure The exchange was converted to a limited company in 1996 with share capital issued in a ratio of 60-20-20 to members, issuers of shares, and issuers of bonds. In 1997 the FUTOP Clearing Center A/S, the Danish derivatives market, became a wholly owned subsidiary. FUTOP issues, clears, and guarantees futures and options on shares, indices, and interest rate products. FUTOP products can be traded electronically. In 1998, the CSE and the Stockholmsbörsen formed the NOREX Alliance, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Helsinki Stock Exchange
The Nasdaq Helsinki, formerly known as the Helsinki Stock Exchange ( fi, Helsingin Pörssi, sv, Helsingforsbörsen), is a stock exchange located in Helsinki, Finland. Since 3 September 2003, it has been part of Nasdaq Nordic (previously called ''OMX''). After the OMX merger, it was referred to as ''OMX Helsinki'' (OMXH), then after NASDAQ's acquisition of OMX in February 2008, ''NASDAQ OMX Helsinki'', and currently Nasdaq Helsinki. History The Helsinki Stock Exchange saw its first transaction on October 7, 1912. From then it remained a "free form" financial association until in 1984 it was converted into a cooperative owned mostly by banks, traders, other companies and associations. On April 1, 1990, trading was moved to a new digital system: HETI (Helsinki Stock Exchange Automated Trading and Information System, and in Finnish a rough backronym for "immediately"), which replaced the electro-mechanical trading board originally introduced back in 1935. HETI enabled remote ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nasdaq Nordic
Nasdaq Nordic is the common name for the subsidiaries of Nasdaq, Inc. that provide financial services and operate marketplaces for securities in the Nordic and Baltic regions of Europe. Historically, the operations were known by the company name ''OMX AB'' (''Aktiebolaget Optionsmäklarna''/Helsinki Stock E''x''change), created in 2003 with the merger between ''OM AB'' and ''HEX plc''. In 2015, the legal entity OMX AB was renamed Nasdaq AB, but it also operates under the name ''Nasdaq OMX AB''. The operations have been part of Nasdaq, Inc. (formerly known as ''Nasdaq OMX Group'') since February 2008. History Origins OM AB (''Optionsmäklarna'') was a futures exchange founded by Olof Stenhammar in the 1980s to introduce trading in standardized option contracts in Sweden. OM acquired the Stockholm Stock Exchange in 1998 and unsuccessfully attempted acquisition of the London Stock Exchange in 2001. During the dot-com bubble in the early 2000s, OM, together with investment ban ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nordic Countries
The Nordic countries (also known as the Nordics or ''Norden''; literal translation, lit. 'the North') are a geographical and cultural region in Northern Europe and the Atlantic Ocean, North Atlantic. It includes the sovereign states of Denmark, Finland, Iceland, Norway and Sweden; the autonomous administrative division, autonomous territories of the Faroe Islands and Greenland; and the autonomous region of Åland. The Nordic countries have much in common in their way of life, History of Scandinavia, history, religion and Nordic model, social structure. They have a long history of political unions and other close relations but do not form a singular entity today. The Scandinavism, Scandinavist movement sought to unite Denmark, Norway and Sweden into one country in the 19th century. With the dissolution of the union between Norway and Sweden (Norwegian independence), the independence of Finland in the early 20th century and the 1944 Icelandic constitutional referendum, this move ... [...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 1973, th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Unibank (Denmark)
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 Bankin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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