VP Bank and the Nordics
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An important target market for VP Bank
In 2018, we successfully entered the Scandinavian market by taking over the Luxembourg investment funds of the Swedish financial services group Carnegie. We have as well strengthen our private banking offering for Swedish clients by the acquisition of the Luxembourg private banking activities of Catella Bank in 2018 and of Öhman Bank in 2020. In line with our Strategy, VP Bank is continuing further expansion of our activities in the Luxembourg and Scandinavian markets, with a particular focus on Denmark and Sweden.
With our location in Luxembourg, we have an EU passport and thus also the possibility to offer cross-border services within the EU.