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Nordea Bank AB (NDA.ST)

NDA.ST on Stockholm Stock Exchange

88.58SEK
18 May 2018
Change (% chg)

-0.74kr (-0.83%)
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115.70kr
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84.02kr

Latest Key Developments (Source: Significant Developments)

Nordea sanctioned by Finnish FSA over late transaction reports
Wednesday, 11 Apr 2018 

April 11 (Reuters) - Nordea Bank AB ::NORDEA SANCTIONED BY THE FINNISH FINANCIAL SUPERVISORY AUTHORITY.SAYS HAS RECEIVED A PENALTY OF EUR 400,000 FROM THE FINNISH FINANCIAL SUPERVISORY AUTHORITY (FIN-FSA) DUE TO LATE TRANSACTION REPORTING TO FIN-FSA CAUSED BY AN ISOLATED PROGRAMMING ERROR IN 2016..SAYS DID NOT CAUSE ANY DAMAGE TO CUSTOMERS.  Full Article

Nordea ‍Decided On A Dividend Of 0.68 Euro Per Share
Thursday, 15 Mar 2018 

March 15 (Reuters) - Nordea ::SAYS ‍DECIDED ON A DIVIDEND OF 0.68 EURO PER SHARE WITH 19 MARCH 2018 AS RECORD DATE FOR DIVIDEND​.‍NIGEL HINSHELWOOD AND TORBJÖRN MAGNUSSON WERE ELECTED NEW BOARD MEMBERS​.‍APPROVED INCOME STATEMENT AND BALANCE SHEET FOR 2017​.  Full Article

Nordea appoints Christopher Rees as group CFO
Tuesday, 6 Feb 2018 

Feb 6 (Reuters) - Nordea Bank AB ::NORDEA APPOINTS CHRISTOPHER REES GROUP CFO.REES IS CURRENTLY DEPUTY HEAD OF WHOLESALE BANKING AND HEAD OF NORDEA MARKETS.SAYS MARTIN A. PERSSON, HEAD OF WHOLESALE BANKING, WILL TAKE ON THE INTERIM ROLE AS HEAD OF MARKETS WITH CHRISTIAN FINK KARAS, COO OF MARKETS, AS INTERIM DEPUTY HEAD OF MARKETS.  Full Article

Nordea says has applied for listing of Nordea Holding in Helsinki, Stockholm and Copenhagen
Friday, 2 Feb 2018 

Feb 2 (Reuters) - Nordea Bank Ab says::Has today, on behalf of the wholly owned subsidiary Nordea Holding Abp (“Nordea Finland”) applied for the admission of Nordea Finland’s shares to trading on Nasdaq Helsinki, Nasdaq Stockholm and Nasdaq Copenhagen..Provided that the re-domiciliation is carried out and that Nasdaq Helsinki, Nasdaq Stockholm and Nasdaq Copenhagen approve the application, the intention is that trading in Nordea Finland’s share will commence during the autumn. .  Full Article

Nordea Bank applies to list Finland subsidiary ​
Friday, 2 Feb 2018 

Feb 2 (Reuters) - Nordea ::‍NORDEA BANK AB (PUBL) HAS TODAY, ON BEHALF OF WHOLLY OWNED SUBSIDIARY NORDEA HOLDING ABP ("NORDEA FINLAND") APPLIED FOR ADMISSION OF NORDEA FINLAND'S SHARES TO TRADING ON NASDAQ HELSINKI, NASDAQ STOCKHOLM AND NASDAQ COPENHAGEN.​.‍APPLICATION IS PART OF PREPARATIONS FOR PLANNED RE-DOMICILIATION OF PARENT COMPANY TO FINLAND.​.‍PROVIDED THAT RE-DOMICILIATION IS CARRIED OUT, WHICH AMONG OTHER THINGS REQUIRES A DECISION AT NORDEA'S AGM ON 15 MARCH 2018, AND THAT NASDAQ HELSINKI, NASDAQ STOCKHOLM AND NASDAQ COPENHAGEN APPROVE APPLICATION INTENTION IS THAT TRADING IN NORDEA FINLAND'S SHARE WILL COMMENCE DURING AUTUMN.​.HAS APPLIED FOR THE LISTING OF NORDEA HOLDING ABP ON NASDAQ HELSINKI, NASDAQ STOCKHOLM AND NASDAQ COPENHAGEN.SAYS ‍APPLICATION IS PART OF PREPARATIONS FOR PLANNED RE-DOMICILIATION OF PARENT COMPANY TO FINLAND​.  Full Article

Rapala: Nordea Funds Ownership Increases Over 10%
Friday, 22 Dec 2017 

Dec 22 (Reuters) - Rapala Vmc Corp ::REG-RAPALA VMC CORPORATION - ANNOUNCEMENT OF A CHANGE IN SHAREHOLDING IN ACCORDANCE WITH CHAPTER 9 SECTION 10 OF THE FINNISH SECURITIES MARKET ACT - NORDEA FUNDS LTD OWNERSHIP INCREASES OVER 10%.  Full Article

Foreningen Norliv to buy 45 percent of Nordea Liv & Pension in 472 million euro deal
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Nordea ::‍EXTENDED CUSTOMER OWNERSHIP OF NORDEA LIV & PENSION IN DENMARK​.‍FORENINGEN NORLIV WILL PURCHASE 45 PER CENT OF SHARE CAPITAL IN DANISH NORDEA LIV & PENSION​.‍PURCHASE WILL INCREASE NORLIV'S STAKE TO 70 PER CENT IN NORDEA LIV & PENSION, LIVSFORSIKRINGSSELSKAB A/S.THE PRICE OF THE 45 PERCENT OF THE SHARES IS 472 MILLION EUROS.IN CONNECTION WITH THE TRANSACTION IT IS AGREED THAT NORDEA LIV & PENSION, LIVSFORSIKRINGSSELSKAB A/S WILL PURCHASE THE REMAINING 30 PERCENT STAKE FROM NORDEA LIFE HOLDING AB DURING THE COMING YEARS.  Full Article

Nordea sells 45 pct stake in Danish Nordea Liv & Pension for EUR 472 mln
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Nordea ::EXTENDED CUSTOMER OWNERSHIP OF NORDEA LIV & PENSION IN DENMARK.SAYS ‍FORENINGEN NORLIV WILL PURCHASE 45 PER CENT OF SHARE CAPITAL IN DANISH NORDEA LIV & PENSION, LIVSFORSIKRINGSSELSKAB A/S CONDITIONAL ON APPROVAL BY RELEVANT AUTHORITIES ANTICIPATED IN Q1 2018​.SAYS ‍PURCHASE WILL INCREASE NORLIV'S STAKE TO 70 PER CENT IN NORDEA LIV & PENSION, LIVSFORSIKRINGSSELSKAB A/S.​.SAYS ‍PRICE OF 45 PER CENT OF SHARES IS EUR 472M.NORLIV ACQUIRED A 25 PER CENT STAKE A YEAR AGO​.SAYS ‍TRANSACTION WILL GENERATE A POST-TAX CAPITAL GAIN OF EUR 172M​.SAYS ‍REMAINING HOLDING IN ASSOCIATED COMPANY (30 PER CENT) WILL BE REMEASURED TO FAIR VALUE AND IS EXPECTED TO LEAD TO AN ADDITIONAL POST-TAX GAIN OF EUR 115M FOR NORDEA GROUP​.SAYS IN CONNECTION WITH TRANSACTION IT IS AGREED THAT NORDEA LIV & PENSION, LIVSFORSIKRINGSSELSKAB A/S WILL PURCHASE REMAINING 30 PER CENT STAKE FROM NORDEA LIFE HOLDING AB DURING COMING YEARS.SAYS ‍SOLVENCY RATIO OF NLP GROUP WILL INCREASE BY APPROXIMATELY 10 PERCENTAGE POINTS​.  Full Article

Nordea gives higher range of savings for planned HQ move to Finland
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - Nordea ::SAYS EXPECTS NET PRESENT VALUE OF SAVINGS RELATED TO RESOLUTION FEES, DEPOSIT GUARANTEES ARISING FROM THE RE-DOMICILIATION TO FINLAND TO BE APPROXIMATELY EUR 1.1-1.3 BLN‍​.SAYS THE NPV COMPARES TO EUR 1.0-1.1 BLN THAT WAS COMMUNICATED IN THE PRESS RELEASE PUBLISHED BY NORDEA ON 6 SEPTEMBER 2017.SAYS THE RESOLUTION AND DEPOSIT GUARANTEE FEES FOR 2018 ARE EXPECTED TO INCREASE BY APPROXIMATELY EUR 60-150M COMPARED TO 2017.SAYS FOR 2019 THE FEES ARE EXPECTED TO BE APPROXIMATELY EUR 0-70M HIGHER COMPARED TO 2017.SAYS THESE FIGURES ARE BASED ON THE RE-DOMICILIATION TAKING PLACE ON 1 OCTOBER 2018.SAYS EXPECTS THAT A CHANGE OF DOMICILE OF THE PARENT COMPANY OF THE NORDEA GROUP WILL, TO SOME DEGREE, AFFECT THE APPLICABLE CAPITAL AND LIQUIDITY REQUIREMENTS..SAYS STILL TOO EARLY TO HAVE A VIEW OF HOW THE TOTAL CAPITAL REQUIREMENTS FOR THE NORDEA GROUP WILL BE AFFECTED BY A RE-DOMICILIATION.  Full Article

Denmark announces changes to social housing financing model
Monday, 11 Dec 2017 

Dec 11 (Reuters) - DANISH HOUSING MINISTRY SAYS::IN NOVEMBER 2017 THE GOVERNMENT REACHED AN AGREEMENT WITH THE MORTGAGE BANKS ABOUT CHANGES TO THE EXISTING SOCIAL HOUSING FINANCING MODEL.THE CHANGES PERTAIN TO NEW AND EXISTING STATE SUPPORTED CONSTRUCTION LOANS AS WELL AS NEW AND EXISTING RENOVATION LOANS SUPPORTED BY LANDSBYGGEFONDEN.ADJUSTABLE-RATE MORTGAGE LOANS WITH A 10-YEAR INTEREST.FIXING PERIOD WILL BE USED TO FINANCE LOANS GRANTED UNDER THE NEW SET OF RULES .THE DANISH STATE EXPECTS TO PURCHASE NEW SOCIAL HOUSING MORTGAGE BONDS AND BONDS ISSUED BY KOMMUNEKREDIT FOR UP TO 42.5 BILLION DANISH CROWNS ($6.7 billion).IN 2018 THE STATE EXPECTS TO PURCHASE ALL THE NEW SOCIAL HOUSING MORTGAGE BONDS.BEFORE THE NEW SOCIAL HOUSING FINANCE MODEL WILL BE IMPLEMENTED IT REQUIRES AN APPROVAL OF THE FINANCE ACT OF 2018 BY A POLITICAL MAJORITY IN THE PARLIAMENT.​.THE LARGEST MORTGAGE LENDERS IN DENMARK ARE DANSKE BANK <<>>, NORDEA <<>>, NYKREDIT <<>> AND JYSKE BANK <<>>.($1 = 6.3158 Danish crowns).  Full Article

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