One of the leading financial services organisations in northern Europe, the Danske Bank Group offers a wide range of financial services focused on retail banking.
In Denmark, where the head office is located, Danske Bank is a market leader with about one third of the banking, mortgage finance and life insurance markets. The Group reached this position by merging with Kjøbenhavns Handelsbank and Provinsbanken in 1990, acquiring Danica Pension in 1995, and merging with BG Bank and Realkredit Danmark in 2000.
In Sweden and Norway, the Group obtained market shares of about 6% 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 4%, and Northern Bank, which has a market share of about 19%. Both banks were acquired in 2004.
In Finland the Group owns Sampo Bank, Finland's third-largest bank. Sampo Bank was acquired in February 2007 and has a market share of about 12%.
In the Baltic states, the Group owns Sampo Pank, Danske Banka and Danske Bankas, which have market shares of 11%, 2% and 7%, respectively. The Group acquired these banks as part of the Sampo Bank group in February 2007.
The Group also has minor activities in Luxembourg, Germany, Poland, Russia and London.
Geographical segmentation
| Denmark, banking |
18 |
43 |
38 |
32 |
| Denmark, mortgage finance |
42 |
- |
- |
- |
| Finland |
9 |
14 |
8 |
3 |
| Sweden |
11 |
10 |
7 |
7 |
| Norway |
9 |
9 |
7 |
7 |
| Northern Ireland |
3 |
6 |
3 |
2 |
| Ireland |
4 |
4 |
3 |
2 |
| Baltics |
2 |
2 |
2 |
2 |
| Danske Markets |
3 |
10 |
20 |
33 |
| Danske Capital |
- |
- |
3 |
3 |
| Danica Pension |
- |
- |
1 |
3 |
| Other Activities |
-2 |
1 |
8 |
7 |
| Total |
100 |
100 |
100 |
100 |
Last updated on 10 August 2010