Website maintenance:

We will carry out maintenance on the website for a period to come. We apologize in advance for any problems this may cause. If you are unable to access the website it is probably due to updates. Please try to re-enter the website in 10 minutes time. Sincerely, The Web Development team!

DNB and Nordea have merged in the Baltic regions

DNB services stress testDNB logo. Photo Norway Today Media.


DNB and Nordea have decided to merge their businesses in the Baltic countries of Estonia, Latvia and Lithuania.


In a press release from the two banks it says they want to “create a leading independent provider of financial services in the Baltic States”.

Luminor will be the third largest financial business in the Baltic back sector, including around 350,000 Nordea customers and 930,000 DNB customers in the three countries.

Nordea and DNB have 1,300 and 1,800 employees and 8 billion euros and 5 billion euros respectively in assets in the Baltic countries.

The agreement was subject to approval by the authorities, and after receiving all necessary approvals from all the respective government agencies, the agreement was concluded on Sunday.


© NTB Scanpix / Norway Today