Nordea Rahoitus Suomi Oy

Nordea Rahoitus Suomi Oy (Nordea Finance Finland Ltd) is Nordea Group’s Finnish finance company that provides credit and financing solutions to consumers and businesses, including hire purchase and revolving credit, vehicle and equipment financing, leasing, factoring and invoice financing, and point‑of‑sale and e‑commerce installment products for merchants. It issues Mastercard‑branded credit cards, including own‑brand and selected co‑branded programs, and supports retailer financing arrangements where Nordea Rahoitus assumes credit risk and handles settlement. The company operates under Finnish and EU regulation, including the Credit Institutions Act, the Consumer Protection Act provisions on consumer credit (with Standard European Consumer Credit Information provided before agreement), PSD2 for payment services and strong customer authentication, GDPR for data protection, and the Positive Credit Register regime that requires reporting and creditworthiness checks; supervision is by the Finnish Financial Supervisory Authority (Finanssivalvonta). Credit assessment relies on affordability evaluation and data from Finnish credit information registers, with ongoing reporting in line with law. Consumer contracts typically use a reference rate such as Euribor plus a margin, include product‑specific fees (e.g., account management, paper invoice), statutory default interest and charges for late payment, and permit early repayment with a corresponding reduction in total cost; collateral and insurance requirements are common in vehicle and equipment finance, and leasing agreements include residual value, mileage, and condition terms. The company does not take deposits and is funded within the Nordea Group and, where applicable, through capital markets instruments. Customer service and documentation are available in Finnish, Swedish, and English, agreements are generally governed by Finnish law, and disputes may be taken to the Finnish Financial Ombudsman Service (FINE) after contacting customer service. Financial statements are filed with the Finnish Trade Register, and product price lists and contractual documentation are published by the company; fees, interest rates, and conditions vary by product and can change, so current terms should be reviewed before applying.