Sampo plc administers subsidiaries with insurance operations: If, Topdanmark, Hastings and Mandatum. Nordea, the Nordic banking group and Nordax, a leading niche bank in Northern Europe operating in consumer lending market, are Sampo plc's associated companies. Sampo plc holds 11.9 per cent of the shares in Nordea and 36.25 per cent of the shares in Nordax.
Sampo plc's A share has been listed in Nasdaq Helsinki (previously Helsinki Stock Exchange) since 1988. Sampo plc controls the Group's strategy, capital allocation, investment policy, risk management, group accounts, investor relations, corporate responsibility, as well as legal and tax matters.
Associated company Nordea
Nordea Bank Abp is the largest Nordic bank and among the ten largest universal banks in Europe in terms of total market capitalization.
Nordea is domiciled in Helsinki, Finland, and has around 10 million customers. The Nordea share is listed on the NASDAQ Nordic Exchange in Helsinki, Stockholm, and Copenhagen.
Currently (10 September 2021) Sampo plc holds 407,924,782 Nordea shares corresponding to a holding of 10.1 per cent. Nordea has been accounted as an associated company in Sampo Group’s accounts since 31 December 2009.