Danske Bank
From Wikicompany
Danske Bank A/S | |
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Web: | http://www.danskebank.com |
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Phone: | +45-33440000 |
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Address: | Holmens Kanal 2-12, DK-1092 Copenhagen, Denmark |
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Competitors: | Jyske Bank |
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Links: | ♥ |
Stock: | Danske Bank |
Web: | google, yahoo |
News: | google, yahoo, y-finance, indymedia |
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Danske Bank is the largest bank in Denmark, and the largest financial services company in the Nordic region.
History
The bank was founded 5 october 1871 as Den Danske Landmandsbank, Hypothek- og Vexelbank i Kjøbenhavn (The Danish Farmers' Bank, Mortgage and Exchange Bank of Copenhagen).
Since the mid 1990s it has been expanding its operations into the rest of Scandinavia and Finland.
The reasons for this expansion are rooted in the increasing deregulation and internationalization of the banking sector. In order to survive, the leadership of the group felt that the company had to move beyond Denmark in order to grow.
The company has undergone several mergers:
- Handelsbanken and Provinsbanken in 1990
- Danika in 1995, which was renamed Danika Pension in 1999.
- BG Bank and Realkredit Danmark in 2001.
2005 saw the acquisition of Northern Bank in Northern Ireland and National Irish Bank in the Ireland from the National Australia Bank, growing for the first time outside of Scandinavia.
News
- BACS Welcomes Danske Bank As New Member - I-Newswire.com (press release)
- Danske Bank Net Rises 24% on Lending, Fee Income (Update1) - Bloomberg
- Danske Bank sees 2006 pretax down yr-on-yr as FY result beats ... - Forbes
- Danske Bank to cut divs, buybacks to fund expansions, acquisitions ... - Forbes
- Danske Bank wants to enter 2 new European countries before 2010 - Forbes
- Danske Bank sees 2006 pretax declining yr-on-yr as FY result beats ... - Forbes
- Stockholm shares slightly higher in early trade on bargain hunting - Forbes
- Danske Bank 4Q 'Very Good' - Analyst - New Ratings
- Danske Bank 4Q "Pretty Good"-Fox-Pitt Kelton - New Ratings
- Employers Added 210,000 Jobs in February, Bloomberg Survey Says - Bloomberg
- ... more news