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Nordea best Nordic private bank again


09.01.2006, The magazine Euromoney has for the second year in a row awarded Nordea the prize for Best Private Banking in the Nordic countries. The bank has received this award principally for its comprehensive offering and competence within asset management.

- To receive this award two years in a row serves as evidence of our consistent strength and competence in private banking. Another proof point is the steady growth in the number of clients and assets under management, says Eira Palin-Lehtinen, Head of Nordea’s Savings & Wealth Management.

Nordea has in recent years prioritised the development of private banking and now has some 59,500 private banking clients in the Nordic countries with over 33 billion euros in assets under management, representing an increase of 10% and 20%, respectively, since last year.

- Since we are the largest financial group in the Nordic countries, we can offer our clients a full-scale service that caters for all their needs - everything from financial planning and asset management to loans, life insurance and stockbroking. A true one-stop shop in other words, says Eira Palin-Lehtinen.

In addition to Euromoney’s own assessment, the distinction is also based on the opinions of other operators in private banking in the Nordic countries.

- Being recognised as the top act by one’s peers and competitors is naturally highly rewarding. However, a happy client is always our best compliment. Therefore we will continue to develop our offerings to be able to provide our current and future private banking clients even better services and solutions, says Eira Palin-Lehtinen.

Euromoney is one of the world’s most esteemed banking and financial periodicals. Its readership comprises some 160,000 decision-making professionals within trade and industry all over the world.

Nordea Private Banking offers financial advisory services to clients with investable assets exceeding 150,000 euros and who therefore require greater attention. Clients of Nordea Private Banking are served by personal investment advisers and have access to the coordinated competence within the largest Nordic financial services group, which means well-informed guidance regarding the economic and legal aspects of investment.

For further information:
Eira Palin-Lehtinen, Head of Savings & Wealth Management, +358 9 165 48150
Anders Edlund, Communication Partner Asset Management & Life, +46 8 614 73 66


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