Nordea Bank AB (publ): Agreement

Nordea Bank AB (publ): Agreement

ID: 561969

(firmenpresse) - COPENHAGEN, DENMARK -- (Marketwired) -- 10/02/17 -- (EURONEXT PARIS: XHFT)

Paris: XHFT





Luminor will be the third largest financial services provider in the Baltic banking market with a market share of 16 per cent in deposits and 23 per cent in lending. Luminor will comprise Nordea's approximately 350,000 and DNB's 930,000 customers across the three markets. The operations will have approximately 3,000 employees and approximately EUR 15bn in assets. Total gross lending of the Luminor portfolio will amount to approximately EUR 12bn including both consumer and corporate lending and deposits will total EUR 9bn. Luminor will have a common equity tier 1 capital ratio of 17 per cent and a common equity tier 1 capital of EUR 1.6bn.

Nordea will hold 56 per cent of the economic rights and 50 per cent of the voting rights of the new company. In Nordea's results, Luminor will be accounted for using the equity method from Q4 2017.

Claes Eliasson, Acting Head of Group External Communications, +46 72 141 67 12



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Bereitgestellt von Benutzer: Marketwired
Datum: 02.10.2017 - 06:00 Uhr
Sprache: Deutsch
News-ID 561969
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COPENHAGEN, DENMARK -- (Marketwired) -- 11/07/17 -- Nordea Bank AB (publ) (EURONEXT PARIS: XHFT)Paris- TEMP:XHFT(Incorporated with limited liability in the Kingdom of Sweden)to consent to (i) certain modifications of the terms and conditions (the &q ...

Nordea Announces Consent Solicitations ...

COPENHAGEN, DENMARK -- (Marketwired) -- 11/07/17 -- Nordea Bank AB (publ) (EURONEXT PARIS: XHFT)Paris- TEMP:XHFT(Incorporated with limited liability in the Kingdom of Sweden)to consent to (i) certain modifications of the terms and conditions (the &q ...

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