Re-domiciliation of Nordea

On 1 October 2018, Nordea re-domiciled to Finland, which is a member of the European banking union. This change does not require any action from our customers.

The re-domiciliation will bring Nordea under the regulations of the European banking union, giving it a stable environment to develop and maintain its unique, competitive and high-quality services.

Customer services and banking remain unchanged

The services provided to Nordea’s customers will remain unchanged after the re-domiciliation.

Amount of deposits guaranteed remains the same

Our customers' deposit guarantee and investors' compensation schemeOpens new window are now subject to Finnish regulation. The amount of deposits guaranteed is EUR 100,000. The investors’ compensation scheme will compensate non-professional investors for their losses up to a maximum of EUR 20,000.

Timetable

As planned, Nordea re-domiciled to Finland on 1 October 2018.

The shareholders of Nordea approved the proposal for re-domiciling Nordea to Finland at the Annual General Meeting held on 15 March 2018.

Communication

Our customers were informed by letter of the re-domiciliation during May–June. A letter was also sent to all customers whose account has been dormant for a long time.