Yes, your savings with Nordiska are covered by the Swedish Deposit Guarantee Scheme. This means that the state guarantees your deposits up to SEK 1,150,000 per person and institution in the event of any issues with the bank or savings institution. All savings accounts at Nordiska have been reviewed and approved by the Swedish National Debt Office (Riksgälden) to qualify for this protection.
For more information about the Swedish Deposit Guarantee Scheme, visit the Swedish National Debt Office's website.