Denmark’s financial business sector is very important to the economic growth of the country. It is distinguished by a few multinational organisations and a large number of minor institutions. Denmark’s banking industry is about three times the size of the entire economy. A domestic bank controls a large amount of the industry’s overall assets, whereas foreign banks control only a minor fraction. According to a February 2018 report, the Danish finance system’s prognosis is solid due to strong growth, which improves asset quality. With deep and diversified landscape, Denmark’s banking system is growing without limitations.
For taking loans, applying for insurance, or any mortgage, people consider the financial institutions. But before applying for any application in Bank, it is necessary to do a comparative analysis of banks by reading other people’s reviews and opinions. What the public has to say about the companies is an honest and detailed statement which lets you decide between the companies and institutions. For reading online reviews, consider the online Danish reviewing site ReviewsBird on which all the Denmark companies and financial institutions are registered for people to leave the reviews.
Top 5 banks in Denmark according to the ratings and reviews
Danske bank is as yet the biggest bank in Denmark with $558 billion of total assets and $ 137 billion deposit value. The bank has forged its administration in 16 countries benefiting around 2.8 million consumers with over 250 branches. The bank functions over the following strings, Banking Nordic, Banking DK, Wealth management, Corporates and Institutions, Non-core unit, and Northern Ireland.
With total assets of DKK 585 billion, Jyske is the third-highest bank in Denmark. It is the top bank headquarters situated outside Copenhagen. It has held a substantial priority policy on the mortgage loan. The bank functions in Germany, Gibraltar, Denmark, and France. The bank serves its customers with 3,820 workers and offers services and products through 99 branches in Denmark.
Nordea Bank Danmark
Nordea Bank Denmark is one of the top banks in Denmark with over 340 branches across the country. It is a part of Sweden-based Nordea Group and the biggest provider of financial services in Northern Europe with EUR 616 billion in total assets and US$43 billion market capitalization.
Danske Andelskassers Bank
It is a complete service bank with around 40 branches and about 115 thousand customers. The bank serves institutional and SME clients, and private customers. It was established in 1969 and based in Hammershoj.
It is a regional bank concentrating on small and medium-sized companies, and private households. Norresundby bank operates its 17 branches in Broenderslev, Aalborg, Noerresundby, Hjallerup, Vadum, Nibe, Vestbjerg, and Aabybro, Vodskov. Nørresundby Bank collaborated with Nordjyske Bank in april 2015.
Moreover, if you wish to explore more banks and financial institutions, don’t forget to read the reviews on Reviewsbird. Denmark’s finance and banking sector was doing well even in the pandemic which made it robust and well-prepared for any financial crisis. It comprises 77 banks which have over 630% of GDP.