Danske Bank

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Danske Bank A/S
Type Publicly traded Aktieselskab (OMXDANSKE)
Industry Financial services
Founded 1871
Headquarters Copenhagen, Denmark
Key people Ole Andersen (Chairman), Eivind Kolding (CEO)
Products Banking, insurance, investment management
Revenue DKK43.38 billion (2011)[1]
Profit DKK1.723 billion (2011)[1]
Total assets DKK3.424 trillion (end 2011)[1]
Total equity DKK125.86 billion (end 2011)[1]
Employees 21,320 (FTE, end 2011)[1]
Website www.danskebank.dk

Danske Bank is a Danish bank. The name literally means "Danish Bank". It was founded 5 October 1871 as Den Danske Landmandsbank, Hypothek- og Vexelbank i Kjøbenhavn (The Danish Farmers' Bank, Mortgage and Exchange Bank of Copenhagen).

Danske Bank was number 454 on the Fortune Global 500 list for 2011.[2]

Local operations [edit]

Danske Bank's headquarters in Kongens Nytorv in Copenhagen.

The Danske Bank group operates a number of local banks around the Nordic Region as well as in Northern Ireland and the Republic of Ireland. Outlined below are countries where the Danske Bank group runs retail operations.[3]

 Denmark

  • Branches: 592
  • Employees: 14,000
  • Customers: ?
  • Market Position: 1
  • Market Share: 50.1%

 NorwayDanske Bank (formerly Fokus Bank)

  • Branches: 55
  • Employees: 1100
  • Customers: 225,000
  • Market Position: 4
  • Market Share: 5% (retail) 8% (corporate)

 SwedenDanske Bank (formerly Östgöta Enskilda Bank)

  • Branches: 58
  • Employees: 1200
  • Customers: ?
  • Market Position: 5
  • Market Share: 7%

Trading as:

  • Östgöta Enskilda Bank
  • Bohusbanken
  • Gävleborgs Provinsbank
  • Hallands Provinsbank
  • Närkes Provinsbank
  • Skånes Provinsbank
  • Smålandsbanken
  • Sundsvallsbanken
  • Sörmlands Provinsbank
  • Upplandsbanken
  • Värmlands Provinsbank
  • Västmanlands Provinsbank
  • Älvsborgs Provinsbank

 FinlandDanske Bank (formerly Sampo Bank)

  • Branches: 125
  • Employees: 3475
  • Customers: 1.2 mio
  • Market Position: 3 private- & 2 corporate customers
  • Market Share: 15% private- & 20% corporate business

 EstoniaDanske Bank (formerly Sampo Bank)

  • Branches: 17
  • Employees: 593
  • Customers: 141,000
  • Market Position: 3
  • Market Share: 9%

 LatviaDanske Banka

  • Branches: 4
  • Employees: 120
  • Customers: 5,600
  • Market Position: 14
  • Market Share: N/A

 LithuaniaDanske Bankas

  • Branches: 17
  • Employees: 433
  • Customers: 85,560
  • Market Position: 4
  • Market Share: 7.1%

 IrelandDanske Bank (formerly the National Irish Bank)

  • Branches: 0
  • Employees: 720
  • Customers:167,000
  • Market Position: 5
  • Market Share: 4%

 Northern IrelandDanske Bank (formerly Northern Bank)

  • Branches: 62
  • Employees: 1845
  • Customers: 415.000
  • Market Position: 1-2 (in Northern Ireland)
  • Market Share: 20% (in Northern Ireland)

References [edit]

  1. ^ a b c d e "Annual Results 2010". Danske Bank. Retrieved 10 February 2011. 
  2. ^ "Fortune Global 500 (Denmark)". Fortune. 2011. Retrieved 2012-06-07. 
  3. ^ Danske Bank presentation of Sampo acquisition

External links [edit]