Two Nordea Employees Arrested on Suspicion of Financial Fraud in Norway

Arrest and Investigation

In Oslo, Norway, two employees of Nordea, the leading universal bank in the Nordic region, were arrested on suspicion of issuing loans on false grounds. The arrests came following a monthly long investigation led by the Norwegian police.

• Arrested two employees of Nordea
• Suspects of issuing loans on false grounds
• Investigation led by Norwegian police

Nordea’s Response

Nordea, which has been cooperating closely with the authorities since reporting suspicions to them earlier this year, has suspended the employees in question.

• Cooperating closely with authorities
• Suspended the employees

Statement from Nordea

Nordea issued a statement regarding the arrests, with Randi Marjamaa, Country Senior Executive and Head of Personal Banking at Nordea Norway, commenting,

“Nordea takes the arrests very seriously and is collaborating closely with the authorities, including the police, in this case. We are taking all necessary steps with regard to the two employees.”

Nordea’s Approach to Financial Crime

Marjamaa also went on to state,

“Nordea has a zero-tolerance approach towards any form of financial crime or activities that could facilitate financial crime. We are fully committed to preventing and fighting financial crime.”

Contact for Further Information

For further information about Nordea’s efforts in financial crime prevention, please contact Nordea’s Group Communication team at +358 10 416 8023 or email press@nordea.com.

About Nordea

Nordea is a trailblazing bank with a rich 200-year history of supporting and growing the Nordic economies. Through enabling its customers’ financial development and delivering excellent omnichannel customer experiences, Nordea contributes to driving sustainable change. Nordea’s share is listed on the Nasdaq Helsinki, Nasdaq Copenhagen, and Nasdaq Stockholm exchanges. Learn more about Nordea at nordea.com.