CEYSSENS Jan (CAB-DOMBROVSKIS) Sent:
Monday, September 17, 2018 12:22 PM To:
Nordea - meeting of VP Dombrovskis with
on 6 September in Vienna
Topics: Sustainable Finance, Banking Union, Basel 3
Nordea highlighted the importance of sustainable finance on which they have a long track
record. They explained that Nordea has now launched a first green mortgage on which
people will get cheaper rates if it complies with certain criteria.
On banking union, Nordea shared its first experience with the SSM as a supervisor. Nordea
branchified the bank and moved the mother bank to Finland. Level playing field to other
banks is a key benefit of banking union for them. Nordea outlined also its concerns on the
completion of Basel 3, especially its impact on lending to smaller corporates.