Nordbanken, which took over Gota Bank in 1993, is known today as Nordea Bank, of which the Swedish government still holds a % stake. 14 In 2007, the revenues from several sources, dividends, selling of stock and a rising value of the government’s remaining equity stake, finally offset the cost of the bailout. That the bailout eventually paid for itself is attributable to the success of Sweden’s bad bank plan in minimizing losses on troubled assets. In 2001, a Berlin based bank holding company known as the Berliner Bankgesellschaft was threatened with bankruptcy due to the .
