Norwegian Police Arrest Two Nordea Employees on Fraud Suspicions: Nordea’s Cooperation with Authorities

Oslo: An Ongoing Securities Fraud Investigation

In an ongoing securities fraud investigation, the Norwegian police have arrested two employees of Nordea, Norway’s largest financial services group, on the suspicion of issuing fraudulent loans.

Nordea Reports Concerns to the Police

Nordea reported its concerns to the police earlier in the year, initiating the investigation. The company suspended the employees in question and is fully cooperating with the police. Nordea itself is not under investigation, according to the company’s statement.

“We regard these arrests with utmost seriousness. Nordea maintains a strong commitment to collaboration with the police and all authorities on this matter,"

• Randi Marjamaa, Country Senior Executive and Head of Personal Banking at Nordea Norway.

Nordea’s Commitment to Financial Wrongdoing Prevention

Marjamaa continued, “We emphasize that Nordea holds a firm stance against any form of financial wrongdoing. Our priority is to comply with the law and prevent financial crimes within our organization.”

About Nordea

• Nordea: A 200-year-old institution, dedicated to supporting the Nordic economies and customer financial development
• Exchanges: Nordea’s share is listed on the Nasdaq Helsinki, Nasdaq Copenhagen, and Nasdaq Stockholm exchanges
• Website: For more information concerning Nordea’s stance towards financial crime prevention, visit nordea.com

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