Nordea and DNB unite in the Baltics as Luminor Bank

Luxoft goes shopping

Luminor Bank is the new name and brand for the unified operations of Nordea and DNB in the Baltics region.

Nordea and DNB to unite banking ops in Baltics

Two Baltic banks to become one

Nordea and DNB will bring together their operations in Estonia, Latvia and Lithuania to create a new bank. The two banks say their Baltic operations are “a great match”, with Nordea’s strength being in the large corporate segment, while DNB’s is in the SME segment. Both banks also have significant presence in the retail space. […]