Leading banks in Denmark 2018, by assets

The leading bank in Denmark in 2018, in terms of total assets was Danske Bank. Danske Bank’s total assets reached a value of 3,578.5 billion Danish kroner, and had been increasing annually since 2015. Danske bank was followed by Jyske Bank, Sydbank and Nykredit Bank.

Leading banks for large corporations

   The leading bank for large corporations in Denmark in 2019 was not a Danish bank, but Nordea Bank Abp, with headquarters in Helsinki, Finland. Nordea had a market penetration rate of 82 percent among large corporations and was followed by the two Danish banks Danske Bank and Nykredit Bank, which registered market penetration rates of 79 percent and 50 percent, respectively.

Banks in Denmark

   The number of banks in Denmark decreased every year since 2008. In that year, there were 138 banks in Denmark, and in 2018, the number was down to 65 banks. Meanwhile, the number of mortgage credit institutions (realkreditinstitutter) was rather stable during that period, the number was kept at eight institutions until 2012, when it decreased by one and stayed at seven until 2018.