Danske Bank is a leading financial group in northern Europe. The Group, whose head office is in Denmark, conducts a wide range of financial services focusing on retail banking.
In Denmark, the Danske Bank Group is a market leader with a market share of about one third within banking, mortgage finance and life insurance. The Group has reached this position by merging with BG Bank and Realkredit Danmark in 2000 and with Kjøbenhavns Handelsbank and Provinsbanken in 1990 - and by acquiring Danica Pension in 1995.
In Sweden and Norway, the Group's market shares of about 6% were achieved through the acquisition of Östgöta Enskilda Bank in 1997 and Fokus Bank in 1999 and through organic growth.
In the Republic of Ireland and Northern Ireland, the Group owns National Irish Bank, which has a market share of about 5%, and Northern Bank, which has a market share of about 18%. Both these banks were acquired in 2005.
In Finland and Baltikum the Group owns Sampo Bank, which is Finland's third largest bank. Sampo Bank was aquired in November 2006 and has a market share of about 14% in Finland.
Geografical segmentation
| Denmark, banking |
21 |
35 |
46 |
57 |
| Denmark, mortgage finance |
36 |
- |
- |
- |
| Finland |
10 |
10 |
10 |
1 |
| Sweden |
10 |
7 |
7 |
7 |
| Norway |
9 |
7 |
7 |
6 |
| Northern Ireland |
4 |
6 |
5 |
4 |
| Ireland |
4 |
3 |
3 |
2 |
| Baltics |
2 |
1 |
2 |
2 |
| Danske Markets |
3 |
29 |
11 |
12 |
| Danske Capital |
- |
- |
4 |
5 |
| Danica Pension |
- |
- |
-4 |
-9 |
| Others |
1 |
2 |
9 |
13 |
| Total |
100 |
100 |
100 |
100 |
Last updated on August 7, 2008