September 29, 2016 5:55 PM ET

Banks

Company Overview of Nordea Bank Norge ASA

Company Overview

Nordea Bank Norge ASA, together with its subsidiaries, provides banking products and services to household and corporate customers, and institutional and public companies in Norway. The company operates through Retail Banking, Wholesale Banking, Corporate & Institutional Banking, Shipping Offshore & Oil Services, and Wealth Management divisions. It offers account based products, such as lending, deposits, and cards and netbank services; cash management, and trade and project finance services; and asset based financing through leasing, hire purchase, and factoring, as well as offering sales to finance partners, such as dealers, vendors, and retailers. The company also provides capital markets...

Essendrops gate 7

Postboks 1166

Sentrum,  0107

Norway

2,703 Employees

Key Executives for Nordea Bank Norge ASA

Chief Executive Officer
Age: 44
Chairman, Head of Retail Banking and Member of Group Executive Management
Age: 50
Vice President of Group HR and Head of HR in Retail Banking
Age: 66
Deputy Chairman, Head of Group Treasury & ALM and Director
Age: 46
Head of Communications
Age: 44
Compensation as of Fiscal Year 2016.

Nordea Bank Norge ASA Key Developments

Nordea Bank Norge ASA Presents at 18th Annual Norway Ship & Offshore Finance Forum, May-25-2016 09:35 AM

Nordea Bank Norge ASA Presents at 18th Annual Norway Ship & Offshore Finance Forum, May-25-2016 09:35 AM. Venue: Radisson Blu Plaza Hotel, Oslo, Norway. Speakers: Arne Berglund, Senior Vice President.

Nordea Bank Norge ASA Reports Earnings Results for the First Quarter Ended March 2016

Nordea Bank Norge ASA reported earnings results for the first quarter ended March 2016. For the quarter, the company reported net interest income of €1,168 million against €1,253 million a year ago. Total operating income was €2,295 million against €2,719 million a year ago. Operating profit was €1,006 million against €1,409 million a year ago. Net profit (continuing operations) was €782 million or €0.19 per diluted share against €1,082 million or €0.27 per diluted share a year ago. Return on equity- Continuing operations was 10.3% against 14.3% a year ago. Cash flow from operating activities of €17,413 million against €9,621 million a year ago. Properties and equipment was €29 million against €1 million a year ago. Intangible assets was €103 million against €67 million a year ago.

Nordea Bank Norge ASA, Annual General Meeting, Mar 17, 2016

Nordea Bank Norge ASA, Annual General Meeting, Mar 17, 2016.

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