STOCKHOLM, March 12 (Reuters) - Swedbank Robur, a large Nordea owner, said on Monday it would vote in favour of a proposal to move the bank’s headquarters to Finland from Sweden at the lender’s annual general meeting on Thursday.
Mutual fund manager Swebank Robur, wholly owned by Swedbank , is Nordea’s fourth biggest owner, with a 2.5 percent stake at the end of last month, according to ownership records on Nordea’s website.
Nordea announced the plan, backed by main owner Sampo , a Finnish insurer, last year, saying it wanted a level playing field with rivals supervised by the European Central Bank. Unlike Sweden, Finland is a member of the European banking union.
Alecta, the third largest Nordea owner with a 2.9 percent stake, would also support the move, a spokesperson told Swedish daily Dagens Nyheter. Alecta was not immediately available for comment.
AMF Insurance & Funds, Nordea’s 8th-biggest owner with a 1.6 percent stake, last week said it would vote against the proposal.
Reporting by Olof Swahnberg; editing by Niklas Pollard