At today's Extraordinary General Meeting of shareholders in Nordic Baltic Holding (NBH) AB (publ) it was decided that the company will change its name to Nordea AB, in English Nordea Plc.
Nordea will consequently be the name of the share. Stock exchange abbreviation will be NDA.
"Nordea stands for Nordic Ideas and reflects the commitment of the group to integrate and form a truly Nordic and Baltic group that is able to offer the best solutions from each market to customers in all markets in the region," says Vesa Vainio, Chairman of the Board of Directors.
As soon as the name change has been registered by the Swedish Patents and Registration Office, the official use of the name Nordea will start. The Nordea name and brand will be used by Group companies and functions. As a consequence, MeritaNordbanken and Unidanmark will be named Nordea Companies Finland (NCF) Oyj and Nordea Companies Denmark (NCD) A/S, respectively.
The Nordea brand will be used by the business areas Corporate and Institutional Banking, Asset Management and Regional Bank Baltic Countries and Poland. The Finance Companies in the Baltic Countries and Poland will also use the Nordea brand. By other business areas the Nordea brand will be used together with current brands such as Unibank, Merita, Nordbanken and Tryg. Decisions concerning Christiania Bank og Kreditkasse will be made when the acquisition of the shares in CBK has been completed.
The meeting also approved other amendments to the Articles of Association concerning the object of the company's activities and secondly to the location of shareholders' meetings.
Further information:
Lars Thalén, Head of Group Identity and Communications, +46 709 200 665
Torben Laustsen, Group Identity and Communications, +45 40 54 48 22
Lauri Peltola, Group Identity and Communications, +358 50 32 41 445
