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Encyclopedia > Danske Bank
Danske Bank A/S
Type Public (OMXC20)
Founded 1871
Headquarters Copenhagen, Denmark
Key people Peter Straarup CEO
Alf Duch-Pedersen Chairman Ken Lycik
Industry Finance
Products Financial Services
Revenue 12.822 Million DKK (2005) [1]
Net income 34.891 Million DKK
Employees 23.642
Website www.danskebank.com
Danske Bank building at Kongens Nytorv in Copenhagen.
Danske Bank building at Kongens Nytorv in Copenhagen.

Danske Bank (OMXC20: [2]) is a 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). Image File history File links Danske_bank_logo. ... The OMX Copenhagen 20 (OMXC20, formerly KFX) is the top-tier stock market index for the Copenhagen Stock Exchange, which is part of the OMX group. ... Copenhagen (IPA: or ; Danish: IPA: ) is the capital of Denmark and the countrys largest city. ... Chief Executive Officer (CEO) is the job of having the ultimate executive responsibility or authority within an organization or corporation. ... A Chairman is the presiding officer of a meeting, organization, committee, or other deliberative body. ... This article does not cite any references or sources. ... Financial services is a term used to refer to the services provided by the finance industry. ... Look up revenue in Wiktionary, the free dictionary. ... Image File history File links No higher resolution available. ... The Danish krone is the currency used in Denmark and the Danish dependency of Greenland. ... Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. ... The Danish krone is the currency used in Denmark and the Danish dependency of Greenland. ... For the album by the Kaiser Chiefs see Employment (album) Employment is a contract between two parties, one being the employer and the other being the employee. ... A website (alternatively, Web site or web site) is a collection of Web pages, images, videos and other digital assets that is hosted on one or several Web server(s), usually accessible via the Internet, cell phone or a LAN. A Web page is a document, typically written in HTML... Image File history File linksMetadata Download high-resolution version (2048x1536, 297 KB) Danske Bank building at Kongens Nytorv, Copenhagen, Denmark. ... Image File history File linksMetadata Download high-resolution version (2048x1536, 297 KB) Danske Bank building at Kongens Nytorv, Copenhagen, Denmark. ... The Copenhagen Stock Exchange (CSE) is an international marketplace for Danish securities, including shares, bonds, Treasury bills and notes, and financial futures and options. ... For other uses, see Bank (disambiguation). ... is the 278th day of the year (279th in leap years) in the Gregorian calendar. ... 1871 (MDCCCLXXI) was a common year starting on Sunday (see link for calendar). ... This article is about the legal mechanism used to secure property in favor of a creditor. ... The foreign exchange (currency or forex or FX) market exists wherever one currency is traded for another. ... Copenhagen (IPA: or ; Danish: IPA: ) is the capital of Denmark and the countrys largest city. ...


Danske Bank has long been one of the largest banks in Denmark, with roughly 30 percent market share, and since the mid-1990s it has been expanding its operations outside of the country. In Norway it's known as Fokus Bank and in Sweden under a variety of brand names, including Östgöta Enskilda Bank. The reasons for this expansion are rooted in the increasing deregulation and internationalization of the banking sector. Fokus Bank is a Norwegian bank owned by Danske Bank, which has long been one of the largest banks in Denmark. ... Östgöta Enskilda Bank is a mid size Swedish bank, owned by Den Danske Bank. ... Deregulation is the process by which governments remove, reduce, or simplify restrictions on business and individuals in order to (in theory) encourage the efficient operation of markets. ... Internationalization and localization are means of adapting products such as publications or software for non-native environments, especially other nations and cultures. ...


The Group was created out of several mergers, the first in 1990 with rivals Handelsbanken and Provinsbanken. That was followed by the acquisition of Danica in 1995 (renamed Danica Pension) in 1999, and a merger with BG Bank and Realkredit Danmark in 2001. 2005 saw the purchase of Northern Bank in Northern Ireland and National Irish Bank in the Republic of Ireland from the National Australia Bank, the Group's first retail operations outside Scandinavia. In 2006, Danske Bank bought the banking operations of the Finnish financial services group Sampo, which included retail banks in Finland, Latvia, Lithuania and Estonia, along with a corporate entity in Russia. The Group also maintains corporate service branches in Hamburg, Poland and London, and an outpost serving high net worth clients in Luxembourg. Provinsbanken was Denmarks fifth-largest bank in 1990 when it merged with Den Danske Bank and Handelsbanken. ... Danica may refer to: Danica is the latin word for Denmark Danica, personification of the Morning Star in Slavic mythology, see Zorya and Danica Danica Maupoissant, a character from the Forgotten Realms fictional world of Dungeons and Dragons Danica Patrick, an Indy Racing League race car driver Danica McKellar, an... Northern Bank, is a commercial bank in Northern Ireland. ... Northern Ireland (Irish: ) is a part of the United Kingdom lying in the northeast of the island of Ireland, covering 5,459 square miles (14,139 km², about a sixth of the islands total area). ... National Irish Bank (NIB) (Irish: Banc Éireannach Náisiúnta) is a commercial bank in the Republic of Ireland, one of the traditional Big Four. ... The National Australia Bank or nab (ASX: NAB, LSE: NAB, NYSE: NAB, TYO: 8637 ) colloquially the National or the NAB. The NAB is part of the NAB Group. ... This article does not cite any references or sources. ...


Danske runs all of its operations on a single IT platform, a competitive advantage since customers can quickly transfer money between a number of countries with minimal fees.


Local Operations

Flag of Denmark Danske Bank Image File history File links Flag_of_Denmark. ...

  • Branches: 592
  • Employees: 14.000
  • Customers: ?
  • Market Position: 1
  • Market Share: 50.1%

Flag of Norway Fokus Bank Image File history File links Flag_of_Norway. ... Fokus Bank is a Norwegian bank owned by Danske Bank, which has long been one of the largest banks in Denmark. ...

  • Branches: 70
  • Employees: 1300
  • Customers: 225.000
  • Market Position: 4
  • Market Share: ?

Flag of Sweden Östgöta Enskilda Bank Trading as: Image File history File links Flag_of_Sweden. ... Östgöta Enskilda Bank is a mid size Swedish bank, owned by Den Danske Bank. ...

  • Östgöta Enskilda Bank
  • Bohusbanken
  • Gävleborgs Provinsbank
  • Hallands Provinsbank
  • Närkes Provinsbank
  • Skånes Provinsbank
  • Smålandsbanken
  • Sundsvallsbanken
  • Sörmlands Provinsbank
  • Upplandsbanken
  • Värmlands Provinsbank
  • Västmanlands Provinsbank
  • Älvsborgs Provinsbank
  • Branches: 58
  • Employees: 1200
  • Customers: ?
  • Market Position: 5
  • Market Share: 7%

Flag of Finland Sampo Bank Image File history File links Flag_of_Finland. ... Sampo is a Finnish company in banking and insurance. ...

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

Flag of Estonia Sampo Bank Image File history File links Flag_of_Estonia. ... Sampo is a Finnish company in banking and insurance. ...

  • Branches: 17
  • Employees: 593
  • Customers: 141.000
  • Market Position: 3
  • Market Share: 9%

Flag of Latvia Sampo Bank Image File history File links Flag_of_Latvia. ... Sampo is a Finnish company in banking and insurance. ...

  • Branches: 3
  • Employees: 61
  • Customers: 5.600
  • Market Position: 18
  • Market Share: N/A

Flag of Lithuania Sampo Bank Image File history File links Flag_of_Lithuania. ... Sampo is a Finnish company in banking and insurance. ...

  • Branches: 17
  • Employees: 433
  • Customers: 85.560
  • Market Position: 4
  • Market Share: 7,1%

Flag of Ireland National Irish Bank Image File history File links Flag_of_Ireland. ... National Irish Bank (NIB) (Irish: Banc Éireannach Náisiúnta) is a commercial bank in the Republic of Ireland, one of the traditional Big Four. ...

  • Branches: 59
  • Employees: 720
  • Customers:167.000
  • Market Position: 5
  • Market Share: 4%

Flag of the United Kingdom Northern Bank Image File history File links Flag_of_the_United_Kingdom. ... Northern Bank, is a commercial bank in Northern Ireland. ...

  • Branches: 95
  • Employees: 1845
  • Customers: 415.000
  • Market Position: 1-2
  • Market Share: 20%

External links

  • Official website
  • History of Danske Bank on official website
  • Yahoo Finance

  Results from FactBites:
 
Danske Bank - Wikipedia, the free encyclopedia (259 words)
Danske Bank (OMXC20: [2]) is a Danish bank.
In Norway it's known as Fokus Bank and in Sweden as Östgöta Enskilda Bank.
In 2006, Danske Bank merged with Finnish Sampo Bank.
  More results at FactBites »


 

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