Last €9.51 EUR
Change Today +0.023 / 0.24%
Volume 790.0
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Company Description

Contact Info

Smålandsgatan 17

Stockholm, 105 71

Sweden

Phone: 46 86 14 70 00

Fax:

Nordea Bank AB provides financial services to the personal and corporate customers in the Nordic and Baltic Sea region. As of December 31, 2008, the bank operated 1,400 branches and call centers. The bank primarily offers various bank-to-bank services, which include accounts, payments, and clearing services in various currencies; trade finance services, such as advising on hedging, market conditions, finance practice, and routines for document processing in export and import transactions; export finance services, including short-term discounting of receivables, forfeiting, export credit agency backed export credits, supplier and buyer credits, and leasing and structured export finance; project finance services that arrange financing and guarantee packages for large-scale projects, such as power plants, pulp mills, and telecommunication networks; inter-bank trading activities; and custody services. The bank also develops and markets various investment funds comprising equity, fixed income, mixed funds, and hedge funds, as well as engages in the investment management business. The bank offers cash management services; corporate finance services, including financial advice in connection with equity issues, initial public offerings, privatizations, and merger and acquisition transactions; life insurance and pensions products; individual private banking services to personal customers and medium-sized institutions; risk management services; and securities services. History Nordea Bank AB was founded in 1820.

 

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NDB

Industry Average

Valuation NDB Industry Range
Price/Earnings 11.3x
Price/Sales 4.0x
Price/Book 1.2x
Price/Cash Flow 11.5x
TEV/Sales NM Not Meaningful
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