VP Bank and the Nordics
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 as well as the Luxembourg private banking activities of Catella Bank with headquarters in Sweden. The acquisition of the private banking activities of the Swedish financial group Öhman in Luxembourg in July 2020 is in line with the growth targets of our "Strategy 2025" and will make a significant contribution to the further expansion of our activities in the Luxembourg and Scandinavian markets.
Our target markets are Norway, Sweden and Denmark. With our location in Luxembourg, we have an EU passport and thus also the possibility to offer cross-border services within the EU.