Nordea Bank Changes Private and Corporate Customer Pricelists
OREANDA-NEWS. November 10, 2010. Nordea Bank's price list will include new options concerning securities and investment funds, reported the press-centre of Nordea Bank.
In addition to the current depositories, Private Banking customers may, from now on, also trade shares and bonds deposited at the Euroclear Bank. East Capital fund shares will now complement the list of investment funds.
From January 1, 2011, there will also be a change in the Nordea Stockmann MasterCard pricing structure - the fee for credit usage (EEK 20 per month) will disappear and we will give up the current floating Talibor interest rate (TALIBOR is the Estonian interbank EEK loan interest rate calculated by the Bank of Estonia). Henceforth, we will apply the credit card pricing practices common in Estonia also to the Stockmann MasterCard, i.e. it will have a clear and transparent fixed interest rate (18% annually).
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