The Board of Directors of Nordea Bank AB has decided to continue the cross‑border mergers between Nordea and its subsidiary banks Nordea Bank Danmark, Nordea Bank Finland and Nordea Bank Norge, respectively, with the aim to complete the mergers by early 2017.
All relevant approvals needed in order to execute the merger between Nordea Bank Finland and Nordea Bank AB have been obtained. The processes related to authority approvals in Denmark and Norway are ongoing and perceived as constructive. The rationale for executing the mergers remains unchanged and in line with previous communication.