30.06.2004 16:22 (GMT + 2)

Nordea divests 17 per cent of Bankgirot

Nordea has today sold 17 per cent of the shares in BGC Holding AB (Bankgirocentralen). Nordea's ownership stake is thus reduced to 10 per cent.

Accordingly, the conditions stipulated by the EU Commission in connection with Nordea's acquisition of Postgirot are fulfilled. The buyer is Föreningssparbanken, one of the existing owners of Bankgirot.
 
Nordea will continue as before to provide full customer service in both Postgiro and Bankgiro payment systems.
 
The sale will proceed subject to required approval of the authorities.

For further information:
Arne Liljedahl, Group Chief Financial Officer, +46 8 614 79 96
Erik Evrén, Chief Communication Officer Sweden, +46 8 614 86 11

Press release

Copyright 2005 Nordea · Last update: 30.06.2004
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