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Danske Bank A/S (DANSKE.CO)

DANSKE.CO on Copenhagen Stock Exchange

206.70DKK
8:29pm IST
Change (% chg)

kr.1.00 (+0.49%)
Prev Close
kr.205.70
Open
kr.206.00
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kr.208.50
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kr.206.00
Volume
1,623,116
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1,979,189
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kr.259.50
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kr.204.00

Latest Key Developments (Source: Significant Developments)

Sampo says Mandatum Life, Danske To Continue Co-operation Despite Negative Ruling
Tuesday, 19 Jun 2018 

June 19 (Reuters) - Sampo Oyj ::SAMPO'S MANDATUM LIFE AND DANSKE BANK CONTINUE CO-OPERATION REGARDING THE DISTRIBUTION AND MANAGEMENT OF INSURANCE PRODUCTS AND THE CANCELLATION OF THE EARLIER AGREED TRANSFER OF THE INSURANCE PORTFOLIO DISTRIBUTED BY DANSKE BANK.TRANSACTION WAS SUBJECT TO CONFIRMATION OF THE TAX TREATMENT AND THE PRE-RULING WAS NEGATIVE.COMPANIES WILL APPEAL AGAINST THE PRE-RULING.IF THE TAX TREATMENT REMAINS NEGATIVE, MANDATUM LIFE'S FINANCIAL RISK IS EUR 13 MILLION.SAYS DANSKE BANK WILL PAY AGREED TRANSACTION PRICE OF EUR 197 MILLION BY END OF JUNE 2018.  Full Article

Danske Bank Aims To Take Market Share In Swedish Mortgage Market - CFO
Thursday, 26 Apr 2018 

April 26 (Reuters) - Danske Bank A/S Chief Financial Officer Jacob Aarup-Andersen says in interview::DECISION TO SCALE DOWN BALTIC BUSINESS NOT RELATED TO ONGOING MONEY LAUNDERING INVESTIGATION IN ESTONIA.AIMS TO TAKE MARKET SHARE IN SWEDISH MORTGAGE MARKET VIA PROFITABLE GROWTH.  Full Article

Danske Bank Q1 Pretax Profit In Line With Forecast
Thursday, 26 Apr 2018 

April 26 (Reuters) - Danske Bank A/S ::SAYS 2018 OUTLOOK UNCHANGED.Q1 NET PROFIT 4.9 BILLION DKK VERSUS 4.82 BILLION DKK SEEN IN REUTERS POLL.SAYS STILL EXPECTS NET PROFIT FOR 2018 TO BE IN RANGE OF DKK 18-20 BILLION. WE MAINTAIN OUR AMBITION TO RANK IN TOP THREE AMONG OUR NORDIC PEERS IN TERMS OF RETURN ON SHAREHOLDERS' EQUIT.Q1 NET INTEREST INCOME 5.9 BILLION DKK VERSUS 5.94 BILLION SEEN IN REUTERS POLL.Q1 NET TRADING INCOME 1.4 BILLION DKK VERSUS 1.75 BILLION SEEN IN REUTERS POLL.SAYS AS PART OF OUR STRATEGY TO FOCUS ON NORDIC MARKETS, WE WILL IN BALTICS SERVE ONLY SUBSIDIARIES OF OUR NORDIC CUSTOMERS AND GLOBAL COMPANIES WITH BUSINESS INTERESTS IN NORDICS GOING FORWARD.SAYS ALL OTHER BALTIC BANKING ACTIVITIES WILL BE TRANSFERRED TO OUR NON-CORE UNIT.Q1 LOAN IMPAIRMENT CHARGES: NET REVERSAL OF DKK 330 MILLION.CEO SAYS WE HAD A SATISFACTORY START TO YEAR DESPITE FINANCIAL MARKET DEVELOPMENTS THAT CAUSED LOWER ACTIVITY COMPARED WITH SAME PERIOD LAST YEAR.Q1 PRETAX PROFIT 6.17 BILLION DKK VERSUS 6.18 BILLION DKK SEEN IN REUTERS POLL.  Full Article

Danske Bank's Business Banking Chief Resigns
Thursday, 5 Apr 2018 

April 5 (Reuters) - Danske Bank A/S ::SAYS ‍LARS MØRCH HAS TODAY RESIGNED FROM HIS POSITION AS MEMBER OF EXECUTIVE BOARD OF DANSKE BANK.MØRCH HAS BEEN RESPONSIBLE FOR BUSINESS BANKING SINCE 2012, INCLUDING DANSKE BANK’S INTERNATIONAL BANKING UNITS AND THE BALTIC OPERATIONS​.‍"ALTHOUGH ONGOING INVESTIGATIONS INTO ISSUES RELATED TO ESTONIAN NON-RESIDENT PORTFOLIO HAVE NOT BEEN COMPLETED, IT IS NOW CLEAR THAT BANK SHOULD HAVE UNDERTAKEN MORE THOROUGH INVESTIGATIONS AT AN EARLIER POINT," SAYS CHAIRMAN OLE ANDERSEN."SUCH INVESTIGATIONS WOULD HAVE LED US TO UNDERSTAND THE FULL EXTENT OF THE ISSUES SOONER AND PROMPTED SWIFTER ACTIONS. WE HAVE DISCUSSED THIS SITUATION WITH LARS MØRCH OVER THE LAST FEW WEEKS"​.‍LARS MØRCH WILL BE RELEASED FROM HIS ORDINARY WORK DUTIES AS SOON AS POSSIBLE​.‍THOMAS F. BORGEN WILL TEMPORARILY ASSUME LARS MØRCH'S RESPONSIBILITIES ON EXECUTIVE BOARD​.  Full Article

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

Danske Bank's Baltic chief steps down

COPENHAGEN, June 22 Danske Bank's head of Baltic banking, Ivar Pae, will step down and leave the company by the end of June as it scales back operations in the region, the bank said in a statement on Friday.