ECB concludes comprehensive assessment of Nordea Bank Abp
The European Central Bank has published the results of its comprehensive assessment of Nordea Bank Abp.
A comprehensive assessment is conducted for all credit institutions about to become subject to direct ECB supervision. Comprehensive assessments help to ensure that the banks are adequately capitalised and can withstand possible financial shocks. Nordea Bank Abp has been subject to direct ECB supervision as of 1 October 2018.
Of the credit institutions operating in Finland, OP Financial Group and Municipality Finance plc are also subject to direct ECB supervision.
Media enquiries about the comprehensive assessment of Nordea Bank Abp are coordinated by ECB Banking Supervision Communications (https://www.bankingsupervision.europa.eu/press/contacts/html/index.en.html).