Largest banks in Denmark 2020, by assets

The largest bank in Denmark in 2019, in terms of total assets was Danske Bank. Their total assets reached a value of around 4.11 trillion Danish kroner, a value that grew overall during the last decade. Jyske Bank followed, with total assets of 672.6 billion Danish kroner.

Leading banks for large corporations

Danske Bank was also the leading bank for large corporations in Denmark in 2021, with a market penetration rate of 87 percent. It was followed by Nordea Bank Abp, headquartered in Helsinki, Finland. Nordea had a market penetration rate of 77 percent among large corporations in Denmark.

Banks in Denmark

The number of banks in Denmark decreased every year since 2009, when the number totaled at 132, but had dropped down to 58 in 2020. 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.