Nordea best private bank in Finland

Euromoney has for the fourth year in a row awarded Nordea the prize for Best Private Banking in Finland. The bank received this award primarily for its comprehensive offering and competence within asset management. - To receive this award four years in a row serves as evidence of our strong competence in private banking. Our performance has been excellent, supported by the expertise of the group as a whole, says Riitta Pyhälä, Head of Private Banking Finland. - This year, too, strong efforts will be made to achieve consistent growth and high service quality by increasing the number of senior investment managers and further improving the competence of the employees. Highly skilled employees are of utmost importance for us to continue to provide our clients with the best private banking service in Finland, adds Riitta Pyhälä. Nordea has in recent years prioritised private banking activities and this has produced results. The bank now has nearly 26,000 private banking clients in Finland with approximately 17 billion euros in assets under management. - The private banking sector is growing steadily all over Europe, but Nordea has been able to expand its operations faster than its competitors. Today people are busy and do not necessarily have the possibility to manage their assets actively. In addition, transfers of assets from one generation to another, acquisitions and ownership arrangements have increased the demand for private banking services in Finland, says Riitta Pyhälä. Euromoney is one of the world's most esteemed banking and financial periodicals. Its readership comprises some 140,000 decision-making professionals within trade and industry all over the world. Nordea Private Banking offers comprehensive and systematic asset management to private clients and corporations. Clients of Nordea Private Banking are appointed personal private banking advisers and have access to the pooled competencies within the largest Nordic financial services group. For further information: Riitta Pyhälä, Head of Private Banking Finland, +358 9 165 480 81 Atte Palomäki, Group Chief Press Officer, +358 9 165 42325, +358 40 547 6390