Nordea completed the acquisition of Gjensidige Bank for €578m.

Nordea, a European financial services group, completed the acquisition of Gjensidige Bank, one of Norway’s leading online banks, for €578m. "This is a significant step for us and underlines our strategy and ambition to grow in the important Norwegian market. As the largest bank in the Nordics it is natural for us to partner up with the leading insurance company in Norway. This agreement means that many more Norwegians will get a relation to Nordea, and we fully intend to serve them to the best of our capability," Snorre Storset, Nordea Branch Manager.