The Danske Bank Group is the largest financial institution in Denmark and a leading player in the Scandinavian financial markets. The Group, which encompasses Danske Bank, Realkredit Danmark, Danica Pension and a number of subsidiaries, offers a wide range of financial services, including insurance, mortgage finance, asset management, brokerage, credit card, real estate and leasing services. The Danske Bank Group has more than 23,000 employees.

Extensive branch network
In Denmark, Norway, Sweden, Finland, Estonia, Latvia, Lithuania, Northern Ireland and the Republic of Ireland, the Group serves 4.5 million retail customers and a significant part of the corporate, public and institutional sectors. It also has a large number of international corporate clients, particularly in the northern European markets.

Cross-border business solutions
The Danske Bank Group offers state-of-the-art cash management services in Denmark, Sweden, Norway, Germany, Poland, Finland, Estonia, Latvia, Lithuania, the UK and the Republic of Ireland as well as additional options for cash management in other countries.

Its cash management programme gives companies the best foundation for managing their liquidity, interest accruals and foreign currency positions simply and efficiently. The Danske Bank Group offers the programme through either its various branches in northern Europe or its global network of correspondent banks.

One bank, one system
Danske Bank’s branches throughout northern Europe run on a single, multi-currency IT platform. Customers have constant access to online information about their liquidity, interest accruals, currency positions and incoming and outgoing foreign payments.

A company needs to communicate with one bank and one system only in the entire region. For example, if the company wishes to make local payments in one of the countries listed above, it simply sends the information to Danske Bank, which ensures that the payments are made through the local clearing system.