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Danske Bank A/S (DANSKE.CO)

DANSKE.CO on Copenhagen Stock Exchange

246.60DKK
4:01pm IST
Change (% chg)

kr.-3.90 (-1.56%)
Prev Close
kr.250.50
Open
kr.251.00
Day's High
kr.251.50
Day's Low
kr.246.60
Volume
533,260
Avg. Vol
1,721,731
52-wk High
kr.259.50
52-wk Low
kr.221.00

Latest Key Developments (Source: Significant Developments)

Danske Bank Fined For Violating Danish Anti-Money Laundering Rules
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - DANSKE BANK SAYS::HAS BEEN CHARGED BY DANISH PUBLIC PROSECUTOR FOR SERIOUS ECONOMIC AND INTERNATIONAL CRIME (SØIK) WITH HAVING VIOLATED STIPULATIONS OF DANISH ANTI-MONEY LAUNDERING​.ACCEPTS FINE OF DKK 12.5 MILLION.‍THE CHARGE AND THE FINE ARE THE RESULT OF THE INSPECTION MADE BY THE DANISH FSA AT DANSKE BANK IN 2015..THE INSPECTION STATEMENT ISSUED IN MARCH 2016 INCLUDED REPORTING DANSKE BANK TO THE POLICE.."WE HAVE A SPECIAL RESPONSIBILITY WITH REGARD TO THE COMBATING OF MONEY LAUNDERING, AND REGRETTABLY, WE HAVE NOT LIVED UP TO THAT RESPONSIBILITY IN TERMS OF THE MONITORING OF TRANSACTIONS TO AND FROM CORRESPONDENT BANKS," SAYS CEO THOMAS F. BORGEN.  Full Article

Danske Bank acquires SEB Pension in Denmark
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - Danske Bank ::DANICA PENSION, WHICH IS PART OF THE DANSKE BANK GROUP, HAS ENTERED INTO AN AGREEMENT WITH SEB ON THE ACQUISITION OF SEB PENSIONSFORSIKRING A/S AND SEB ADMINISTRATION A/S.ACQUISITION IS SUBJECT TO APPROVAL BY RELEVANT AUTHORITIES, AND FINAL APPROVAL IS EXPECTED IN FIRST HALF OF 2018.SEB SAYS IN SEPERATE ANNOUNCEMENT THAT DEAL​ IS WORTH 6.5 BLN DKK nASM000H3Y.  Full Article

BRIEF-SEB sells SEB Pension in Denmark to Danica in 6.5 bln DKK deal
Thursday, 14 Dec 2017 

Adds Danske Bank instrument code:REG-SEB DIVESTS SEB PENSION IN DENMARK.SAYS ‍TOTAL PROCEED OF DKK 6.5BN, CONSISTING OF A CASH CONSIDERATION OF DKK 5.0BN AND A PRE-CLOSING DIVIDEND OF DKK 1.5BN​.SAYS ‍PRE-CLOSING DIVIDEND WILL BE IN ADDITION TO DIVIDEND OF DKK 1.1BN WHICH SEB RECEIVED IN FIRST SIX MONTHS OF 2017​.SAYS ‍AGREEMENT TO SELL ALL SHARES IN SEB PENSIONSFORSIKRING A/S AND SEB ADMINISTRATION A/S (SEB PENSION) TO DANICA PENSION LIVSFORSIKRINGSAKTIESELSKAB (Danica, a subsidiary to Danske Bank)​.  Full Article

Danske Bank lifts 2017 net profit outlook
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - DANSKE BANK :9-MONTH NET PROFIT ‍15.3​ BILLION DKK VERSUS 14.85 BILLION SEEN IN REUTERS POLL.SAYS ‍AS A RESULT OF DEVELOPMENTS IN FIRST NINE MONTHS, WE ARE REVISING OUR OUTLOOK TO A NET PROFIT FOR YEAR IN RANGE OF DKK 19-21 BILLION​ VS PREVIOUSLY EXPECTED NET PROFIT FOR 2017 TO BE IN RANGE OF DKK 18-20 BILLION​.9-MONTH NET INTEREST INCOME ‍17.4​ BILLION DKK VERSUS 17.28 BILLION SEEN IN REUTERS POLL.SAYS ‍WE MAINTAIN OUR LONGER-TERM AMBITION FOR A RETURN ON SHAREHOLDERS' EQUITY OF AT LEAST 12.5%​.9-MONTH NET TRADING INCOME ‍6.3​ BILLION DKK VERSUS 6.16 BILLION SEEN IN REUTERS POLL.CEO SAYS ‍FIRST THREE QUARTERS OF YEAR WERE CHARACTERISED BY POSITIVE MACROECONOMIC DEVELOPMENTS, HIGH CUSTOMER ACTIVITY AND INCREASING BUSINESS VOLUMES​.9-MONTH LOAN IMPAIRMENT CHARGES -‍632​ MILLION DKK VERSUS -584 BILLION SEEN IN REUTERS POLL.CEO SAYS ‍OUR PARTNERSHIP AGREEMENTS IN NORWAY AND SWEDEN CONTINUED TO ATTRACT NEW CUSTOMERS, AND OUR LENDING AND INVESTMENT ACTIVITY WAS GENERALLY HIGH ACROSS OUR MARKETS​.CEO SAYS ‍IMPAIRMENTS REMAINED LOW, MAINLY DUE TO LOW INTEREST RATES AND SOLID CREDIT QUALITY​.Q3 PRETAX PROFIT 6.24‍​ BILLION DKK VERSUS 5.93 BILLION SEEN IN REUTERS POLL.  Full Article

Danske Bank sells portfolio of Irish mortgage loans to Goldman Sachs fund
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - DANSKE BANK'S IRISH UNIT SAYS :CONFIRMS IT HAS ENTERED INTO A BINDING CONTRACT FOR THE SALE OF A PORTFOLIO OF PERFORMING IRISH MORTGAGE LOANS TO PROTEUS FUNDING DAC, AN ENTITY FINANCED BY GOLDMAN SACHS <<>>.THE SALE PRICE IS UNDISCLOSED.CUSTOMER AGREEMENTS ARE UNAFFECTED BY THE TRANSFER.THE CENTRAL BANK OF IRELAND HAS BEEN ADVISED OF THE TRANSACTION.  Full Article

Danske Bank placed under AML investigation in France​
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - Danske Bank :‍Danske Bank placed under AML investigation in France​.Danske - ‍investigation related to suspicions of money laundering concerning transactions carried out by customers of danske bank estonia from 2008 to 2011​.  Full Article

Link Mobility Group: Extended loan agreement with Danske Bank
Thursday, 22 Sep 2016 

Link Mobility Group ASA : Has entered into extended loan agreement with Danske Bank regarding funding of announced acquisitions . Acquisitions include Linus AS in Norway, Globalmouth Marketing AB in Sweden, Labyrintti Group in Finland and Whatever Mobile Group in Germany . After closing of acquisition of Responsfabrikken in Denmark, 64 million Norwegian crowns ($7.77 million) of credit line in Danske Bank of 85 million crowns remained unused; Danske Bank has now increased this funding facility with 62 million crowns, providing total funding of 126 million crowns .Acquisitions are to be financed through LINK-model; a combination of cash on closing, shares in Link Mobility Group ASA and seller's credit.  Full Article

Danske Bank CEO sees Danish c.bank to keep rates unchanged in 2016
Thursday, 21 Jul 2016 

Chief Executive Thomas Borgen, Danske Bank A/S on conference call: Says expects Danish central bank to keep deposit interest rates unchanged at -0.65 percent in 2016 . Says sees lower limit for Danish central bank key rate at -0.75 percentFurther company coverage: [DANSKE.CO] (Copenhagen newsroom) ((copenhagen.newsroom@thomsonreuters.com; +45 33 96 96 55;)).  Full Article

Danske Bank says is well ahead of funding plan for 2016
Thursday, 21 Jul 2016 

Danske Bank A/S : Says is well ahead of funding plan for 2016 .Says have successfully completed transactions totalling 52.3 billion Danish crowns ($7.75 billion) during the first half of 2016.  Full Article

Danske Bank Q2 profit beats forecast, keeps full-year outlook
Thursday, 21 Jul 2016 

Danske Bank : Says Q2 pretax profit 5.78 billion Danish crowns ($857.3 million) versus 5.57 billion seen in Reuters poll . Says Q2 net trading income 2.14 billion crowns versus 1.59 billion seen in Reuters poll . Q2 net interest income 5.49 billion crowns versus 5.32 billion seen in Reuters poll . Says maintain outlook for net profit for 2016 to be in line with net profit before goodwill impairments in 2015. . Says it is too early to predict the extent of the impact from UK referendum, but uncertainty concerning future economic growth has increased. .Says outcome of the UK referendum on EU membership will not have any significant short-term impact on the bank.  Full Article

MOVES-Danske's Slotte takes sustainable finance helm

LONDON, Jan 5 (IFR) - Danske Bank has appointed Samu Slotte as head of sustainable finance for corporates and institutions, a new role at the bank, according to a memo seen by IFR.