The US magazine Global Finance once again named the Nordea Group as the safest Nordic bank.
Each year Global Finance selects the world’s 50 safest banks. This time Nordea ranks No. 20 worldwide and still is the safest bank in the Nordic region. In the half-yearly update of the list Nordea is up four positions.
The ranking is based on an evaluation of the long-term credit ratings assigned by Moody’s, Standard & Poor’s and Fitch as well as the total assets of the world’s top-500 largest banks.