Nordea

Nordea is a commercial bank, one of the largest in Northern Europe with headquarters in Helsinki (until October 2018 it was located in Stockholm). The bank was formed as a result of the merger and purchases in 1997-2000 of banks in Sweden, Finland, Denmark and Norway. In the mid-2000s, subsidiary banks were opened in Russia, the Baltic countries and Poland.

Performance indicators

The bank's revenues in 2019 amounted to 8.635 billion euros.

Business in Russia

Main article: Nordea Bank

History

2022: Billions of euros laundered through bank branches

Billions of euros were laundered through branches of Scandinavian banks Nordea and DNB in the Baltic countries, including through the accounts of Russian clients, Finland's broadcasting portal Yle reported.

According to the portal, citing materials from an internal investigation in these banks, at least 3.9 billion euros from dubious sources passed through two Scandinavian banks.

The legalization of illegally obtained income took place through Nordea branches in Estonia, Latvia and Lithuania, as well as Luminor Bank, created by Nordea in 2017 together with the Norwegian DNB. Through Nordea accounts, large amounts of money were transferred to companies associated with large-scale international money laundering.

2021

Heads of analytics and strategy departments fired for threats to Nuremberg trials to organizers of forced vaccination against COVID-19

Nordea, the largest bank in Scandinavia, was forced to leave the head of the analytical department Martin Enlund and the head of the strategy department Andreas Steno Larsen for their attitude to vaccination against COVID-19.

In November 2021, Martin Enlund and Andreas Steno Larsen were suspended from the bank after an analytical report containing skepticism about vaccination. Analysts promised the organizers of the Nuremberg trials, in which the Nazis were prosecuted for their crimes during World War II.

Economists wrote that if we take into account the lessons of the Nuremberg trials regarding physical integrity, encroachment on civil rights, then the authorities will have difficulty losing confidence in the entire system due to coercion to vaccination.

"Many people still believe that vaccines slow the infection, obviously they are not ," economists wrote in the report.

Both top economists were subsequently suspended while Nordea Bank management investigated.

Closing accounts of customers from countries outside the EU

In January 2021, the bank began to close the accounts of Russian customers who were served in Finland. Account closure applies to customers outside the European Union. Some residents of St. Petersburg had accounts with Nordea for doing business, paying for real estate and utilities in Finland.