EE Impact

Nordea

Finland · Finance & Payments

LeaveRussia detail: Exit Completed

Exited Russia

Nordea Bank Abp, commonly referred to as Nordea, is a Nordic financial services group operating in northern Europe with headquarters in Helsinki, Finland. The name is a blend of the words "Nordic" and "idea".

Status last verified 03/08/2026Source checked 26/08/2025Company website ↗LeaveRussia profile ↗

Business in Russia

Danish authorities have charged the Finnish banking group Nordea - the largest in Scandinavia by assets - with laundering billions of euros from Russia. Suspicious transactions in the amount of 26 billion Danish kroner (3.5 billion euros, 3.75 billion dollars) were discovered in the Danish "subsidiary" of the Finnish bank between 2012 and 2015, they are connected to numerous Russian clients. Nordea closes accounts of Swedish plant Kubal over Russian links (oligarch Oleg Deripaska).

Decision trail

Decision date 22/04/2022 · Reference ↗

Stopped processing payments to and from Russia & Belarus. JSC "Nordea Bank" was liquidated on 21.04.2022.

Local stats (LeaveRussia)

Glob.Revenue, mln.USD
12733
Capital(RF), mln.USD
93
Assets(RF), mln.USD
93

Status history since 2022

  1. 03/08/2026 exited · Imported from KSE LeaveRussia

Exposure profile

Full exposure profile is a Professional feature

Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.

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