The story
Founded by Knut Agathon Wallenberg and Stockholm Independent Bank in 1911.1
Private company
Former French bank
The Banque des Pays du Nord (BPN, lit. "Bank of the Northern Countries") was a bank headquartered in Paris, France, originally established in 1911 on the initiative of leading Danish and Swedish financiers. In 1943, it merged into the Union Européenne Industrielle et Financière (UEIF, lit.2 It was founded by Stockholm Independent Bank and Knut Agathon Wallenberg.1 Wikipedia text CC BY-SA 4.0
Last updated Oct 21, 2026.
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The Banque des Pays du Nord (BPN, lit. "Bank of the Northern Countries") was a bank headquartered in Paris, France, originally established in 1911 on the initiative of leading Danish and Swedish financiers. In 1943, it merged into the Union Européenne Industrielle et Financière (UEIF, lit. "European Industrial and Financial Union"), an investment bank established in Paris in 1920.2
Founded by Knut Agathon Wallenberg and Stockholm Independent Bank in 1911.1
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