Danske Bank

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). Headquartered in Copenhagen, it is the largest bank in Denmark and a major retail bank in the northern European region with over 5 million retail customers. Danske Bank was number 454 on the Fortune Global 500 list for 2011.

Operations

The Danske Bank group operates a number of local banks around the Nordic Region as well as across Ireland.

Baltics

The Danske Bank branches in Baltic states (Estonia, Latvia and Lithuania) began operating in 2008 after Finnish Sampo Bank was acquired by Danske Bank Group in 2007 for €4.05 billion.

Finland

Danske Bank, formerly Sampo Bank, is Danske Bank's Finnish operations. Sampo Bank was acquired by the Danske Bank Group in 2007. Sampo Bank traces its origins back to 1887, Originally the Finnish state-owned Post and Savings Bank, which accepted deposits from the public at its post offices. In 1999, the state-owned bank was merged with Sampo PLC's insurance business to form the Sampo Group. The banking unit was later acquired by Danske Bank in 2007, while the Sampo Group retained the insurance business.

Danske Bank (Sweden)

Danske Bank, formerly Östgöta Enskilda Bank, is a Swedish commercial bank which is owned by Danske Bank. The banks in Stockholm and Östergötland County were called "Östgöta Enskilda Bank" until May 2011, when they changed their name to "Danske Bank".

History

The bank was founded in 1837 as Öst-Götha-Bank in Linköping. The bishop Johan Jacob Hedrén was bank director. In 1846 it changed name to Östgötha Enskilda Bank and in 1856 to Östergötlands Enskilda Bank.

The bank in Kisa, Östergötland was robbed on 28 May 1999 and with police in pursuit the robbers killed two policemen, see Malexander murders.

Provincial banks

The banking license is held by Östgöta Enskilda Bank, but it uses different brand names in various parts of the country, typically named after the historical Provinces or Counties of Sweden.

Danske Bank (Norway)

Danske Bank, formerly named Fokus Bank, is the Norwegian operations of the Danish Danske Bank. It has long been one of the largest banks in Scandinavia.

Danske Bank has 41 local branches spread around all of Norway. The main office is in Trondheim and the bank employs approximately 1,000 workers. The bank has 210,000 private customers and 15,000 business customers.

The bank has two subsidiaries:

History

The banks that made up Danske Bank were all incorporated between 1868 and 1932.

Danske Bank is the result of merge between of all together seven regional banks in Norway and was noted on Oslo Stock Exchange. The merger was between Buskerudbanken, Bøndernes Bank, Forretningsbanken, Vestlandsbanken in 1987 and with Tromsbanken (1990), Rogalandsbanken (1991) and Samvirkebanken (1993). In 1999 it was acquired by Danske Bank, and became part of the Danske Bank Corporation on May 7, 1999.