Danske Bank
As the largest financial services provider in Denmark and one of the largest financial institutions in the Nordic countries, Danske Bank has a strong presence in Denmark, with more than 200 branches and over 3 million customers, together with branches in Estonia, Latvia, and Lithuania.
Danske Bank was originally founded as Den Danske Landmandsbank (The Danish Farmers' Bank) in 1871 in Copenhagen, Denmark. The bank underwent several name changes and mergers over the years, eventually becoming Danske Bank in 1990. The bank provides a range of financial services to individuals, businesses, and institutional clients, including retail banking, wealth management, corporate banking, and investment banking. It has a clear ambition to be the leading bank for sustainable finance in Denmark and among the market leaders in other Nordic countries.
In recent years, Danske Bank has undertaken significant efforts to improve its compliance and risk management functions, as well as to restore its reputation with customers, investors, and regulators. In 2022, it was reported to have net interest income increased to DKK 25,188 million, benefiting from changes to base rates but also from income on deposits following repricing and market developments in rates as well as larger volumes. With assets totaling DKK 3,762,999 trillion and profit before tax of DKK 4,174 million, Danske Bank maintains its leading position in Denmark.
Founded: 1817
Headquarters: Holmens Kanal 2-12, DK-1092, Copenhagen, Denmark
Website: https://danskebank.com/