Nordea declined to comment on the information to the media about the departure from Russia

© AFP 2017 / Vesa Moilanen / Lehtikuva the logo of the Bank Nordea. Archival photoNordea declined to comment on the information to the media about the departure from Russia© AFP 2017 / Vesa Moilanen / Lehtikuva

The Stockholm office of the Swedish Nordea group did not comment on reports in Russian media that the group is considering the withdrawal from the market of the Russian Federation and the sale of «Nordea Bank».

«At Nordea we do not comment on rumors and speculation published in the media. As a rule, in case of any changes in the Bank’s activities, we inform the market», – told RIA Novosti the chief of the press service of the Bank Petter, Brunnberg.

Nordea operates in the Russian market since 2006, after acquired Orgresbank. The group was one of the few who after the crisis was not announced intentions to leave the Russian market.

However, as it became known to the newspaper «Vedomosti», the idea to sell Russian business for three years, but the buyer is yet. To curtail retail Bank began in 2015 when he analyzed the dynamics of income of population, impact of devaluation, inflation, and unemployment. In January this year Nordea was sold to Sovcombank your retail portfolio of 16 billion — 97% of loans were mortgage, other loans and consumer loans.

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