Nordea Bank Finland Plc: Interim Report January-June 2011

| Source: Nordea Pankki Suomi Oyj Nordea Pankki Suomi Oyj 

The interim report of Nordea Bank Finland Plc has been published. The procedure
for publishing interim reports has been changed. Only information having
material influence on the value of securities is included in the press release.
The full interim report is available at www.nordea.com/Investor
Relations/Financial Reports/Local Reports/Local Reports Finland.

Nordea Bank Finland Plc is a wholly owned subsidiary of Nordea Bank AB (publ),
the listed parent company of the whole Nordea Group. This statutory interim
report covers the operations of the legal entity Nordea Bank Finland Plc and its
subsidiaries in Finland and abroad.

The business operations of the Nordea Group have been organised in three main
business areas, with full responsibility for their value chains: Retail Banking,
Wholesale Banking and Wealth Management. The consolidated interim report of
Nordea Bank AB (publ) embraces all the activities of the Nordea Group and
provides the most complete and fair view. The Finnish Asset Management & Life
operations are included in the interim report of the Nordea Group.

Summary of the first half of 2011

  * The operating profit of Nordea Bank Finland Group increased to EUR 723m
    (576m)
  * Total income up 2% to EUR 1,283m
  * Net interest income up 13%
  * Net result from items at fair value decreased from the high level in 2010 by
    12% to
    EUR 461m
  * Total expenses were stable at EUR 521m
  * Net loan losses decreased significantly
  * Loans to the public excluding repurchase agreements increased by 4%


+-------------------------------------------+-----+-----+------+-----+
|Ratios and key figures                     |  1-6|  1-6|Change| 1-12|
|                                           |     |     |      |     |
|                                           | 2011| 2010|     %| 2010|
+-------------------------------------------+-----+-----+------+-----+
|Net interest income, EURm                  |  656|  578|    13|1,182|
+-------------------------------------------+-----+-----+------+-----+
|Total operating income, EURm               |1,283|1,264|     2|2,499|
+-------------------------------------------+-----+-----+------+-----+
|Profit before loan losses, EURm            |  762|  743|     3|1,426|
+-------------------------------------------+-----+-----+------+-----+
|Net loan losses, EURm                      |  -39| -167|   -77| -272|
+-------------------------------------------+-----+-----+------+-----+
|Loan loss ratio, basis points              |   11|   51|      |   41|
+-------------------------------------------+-----+-----+------+-----+
|Operating profit                           |  723|  576|    26|1,156|
+-------------------------------------------+-----+-----+------+-----+
|Return on equity, %                        |  9.6|  7.7|      |  7.7|
+-------------------------------------------+-----+-----+------+-----+
|Tier 1 capital ratio, %                    | 14.4| 13.3|      | 13.6|
+-------------------------------------------+-----+-----+------+-----+
|Total capital ratio, %                     | 15.1| 13.9|      | 14.3|
+-------------------------------------------+-----+-----+------+-----+
|Number of employees (full-time equivalents)|9,156|9,232|    -1|9,097|
+-------------------------------------------+-----+-----+------+-----+

In Stockholm 19 July 2011
Nordea Bank Finland Plc
Board of Directors


Additional information:
Tomi Närhinen, Chief Financial Officer                             +
358 9 165 57661
Kati Tommiska, Chief Press Officer                                 +
358 9 165 42320

[HUG#1531904]

Attachments