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Banks in Denmark

Danske Bank Jyske Bank Nykredit Bank Nordea Bank Danmark
Danske Bank Jyske Bank Nykredit Bank Nordea Bank Danmark
  • Alm. Brand – A financial services provider operating within non-life insurance, banking and life and pension insurance. The company was established in 1792 and is headquartered in Copenhagen.
  • Arbejdernes Landsbank – One of the top 10 banks in Denmark. As of December 2011, total assets amounted to DKK34.634 billion (US$6.03 billion) and total deposits, including savings in pooled schemes amounted to DKK22.9 billion (US$3.99 billion). The Bank serves over 200,000 customers and operates 68 branches across the country.
  • BankNordik (formerly known as Føroya Banki) – A full-service bank established in 1906 in the Faroe Islands. It provides a wide range of financial services to over 180,000 retail and corporate customers through 5 branches on the Faroe Islands, 19 in Denmark and one in Greenland.
  • Danske Andelskassers Bank (DAB) – A universal bank with over 125,000 customers and more than 40 branches in Jutland and on Funen. The Bank was founded in 1969 and is headquartered in Hammershoj, Denmark.
  • Danske Bank – The largest bank in Denmark and one of the leading financial enterprises in the Nordic countries with about 630 branches and 5 million customers. At the end of March 2012, the Bank had total assets of US$627.62 billion.
  • FIH Erhvervsbank – The sixth largest bank in Denmark with total assets of DKK84.744 billion (US$15.19 billion) as of March 31, 2012. The Bank specializes in lending to Danish corporates.
  • Jyske Bank – The third largest bank in the Danish market with 110 branches nationwide. It also the largest bank in Denmark to be headquartered outside Copenhagen. Jyske Bank was established on 7 July 1967 following the merger of four banks in Central Jutland.
  • Nordea Bank Danmark (NDB) – The second-largest bank in Denmark with 340 branches nationwide. NDB is a subsidiary of Sweden-based Nordea Group, the largest financial services provider in Northern Europe with a market capitalization of EUR 28 billion, total assets of EUR 694 billion and a core tier 1 capital ratio of 11.6%.
  • Norresundby Bank – A regional bank focusing on private households and small and medium-sized corporations. The Bank has 17 branches in Aalborg, Broenderslev, Hjallerup, Noerresundby, Nibe, Vadum, Vestbjerg, Vodskov and Aabybro.
  • Nykredit Bank – The largest lender in Denmark and one of the major private bond issuers in Europe. As of December 2011, the Bank had DKK232.316 billion (US$40.49 billion) in total assets. Nykredit's market share within banking is 5.2% (2011).
  • Ringkjøbing Landbobank, Aktieselskab – A full-service regional bank with about 20 branches in west Jutland. The Bank’s biggest shareholder is ATP, the largest pension fund in Denmark and among the largest in Europe. The company was established in 1886 and is based in Ringkobing, Denmark.
  • Saxo Bank – An international investment bank established in 1992, under the name Midas Fondsmæglerselskab. The Bank specializes in online trading and investment across global financial markets. At the end of December 2011, Saxo Bank had assets under management of DKK33.2 billion.
  • Sparbank A/S – A Denmark-based regional bank with 25 branches in central and western Jutland, Mors, Aarhus and Copenhagen. Sparbank is based in Skive and operates as a subsidiary of Spar Vest Fonden. As of March 31, 2012, the Bank had DKK13.198 billion (US$2.3 billion) in total assets and DKK7.538 billion (US$1.35 billion) in deposits.
  • Sparekassen Kronjylland is among Denmark's 10 largest banks in terms of equity. The Bank serves more than 140,000 customers and is headquartered in Randers.
  • Sparekassen Lolland A/S – A regional operating on the islands of Zealand, Lolland and Falster. In 2011, SPAR LOLLAND bought the bank Eik Bank Danmark for US$70.9 million. As of June 30, 2011, the Bank had US$2.04 billion in deposits, US$1.75 billion in loans and a total balance sheet of US$2.9 billion.
  • Sparekassen Sjælland – The oldest savings bank founded in 1825. Headquartered in Holbæk, it is the 10th largest bank in Denmark with over 400 employees and 27 branches. On October 9, 2011, Sparekassen Sjælland acquired the healthy parts of Max Bank including nine branches and 35,000 customers with deposits of DKK3.8 billion.
  • Spar Nord Bank – A full-service commercial bank comprising 69 local banks with about 960 employees and over 255,000 customers. The Bank was founded in 1824 and is headquartered in Aalborg, North Jutland. At the end of 2011, the company had total assets of DKK70.081 billion (US$12.21 billion).
  • Sydbank – The fifth largest bank in Denmark with market share of 5-8%. The Bank has over 100 branches in Denmark and five branches in Germany.
  • Vestjysk Bank – A full-service Danish bank with 120,000 retail and corporate customers. Based in Lemvig, it is one the largest regional banks in Denmark with 23 branches in Jutland and one on Funen, the third-largest island of Denmark and the 163rd largest island of the world.