In addition to the fine, Nordea will pay legal costs.
Nordea has got off with an unexpectedly light penalty, according to Mark Elving Naur, an analyst at Danske Bank. Nordea's share price is rising in line with those of other major Nordic banks following the court's decision.
According to the court, Nordea failed to adequately scrutinize suspicious currency transactions and warning signals intended to prevent money laundering.
The 2024 lawsuit identifies suspicious transactions totaling 26 billion Danish kroner between 2012 and 2015.
Prosecutors had requested a significantly higher fine of 6.6 billion Danish kroner.
Nordea had sought an acquittal and said in a statement that it had not yet decided whether to appeal the verdict.
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