OREANDA-NEWS. March 20, 2012. The international finance market magazine Euromoney has recognised the private banking department of Nordea Bank Lietuva the safest bank in Lithuania ensuring the highest confidentiality for its customers. The largest financial group in the Nordic and Baltic countries, Nordea, has been recognised as the best private banking institution in all categories, reported the press-centre of Nordea Bank.

The best banks in the region in various categories are rated by Euromoney Expert Committee, following a detailed survey.

"This is a very solid rating proving that we are performing correctly and following the Nordea group Private Banking customer values and our client safety standards. In the Nordic country region, Nordea banking group’s private assets are worth 175 billion litas (50.9 billion euro)", says Dr. Modestas Plakys, head of Private Banking division of Nordea Bank Lietuva.

Nordea advises 95,000 private banking customers in 125 countries around the world. Nordea has a strong capital base and a high credit rating, which ensures the safety of funds.