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Jyske Bank

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Jyske Bank

Jyske Bank A/S
Publicly traded Aktieselskab (OMX: JYSK)
Industry Financial services
Founded 1967
Headquarters Silkeborg, Denmark
Key people
Sven Buhrkall (Chairman), Anders Dam (CEO)
Products Retail, private and business banking, factoring
Revenue DKK 6.067 billion (2010)[1]
Profit DKK 757.2 million (2010)[1]
Total assets DKK 244.1 billion (end 2010)[1]
Total equity DKK 13.35 billion (end 2010)[1]
Number of employees
3,850 (FTE, end 2010)[1]
Website www.jyskebank.dk

Jyske Bank A/S is the third largest Danish bank in terms of market share.

The headquarters are located in Gibraltar, the Netherlands, and Switzerland. It is the third-largest bank to be listed on the Copenhagen Stock Exchange, and it is the largest bank in Denmark headquartered outside Copenhagen.[2]

The current CEO of Jyske Bank is Anders Dam. The bank employs some 4000 individuals.

Contents

  • History 1
  • International operations 2
  • Subsidiaries 3
  • International branches or subsidiaries 4
  • Products 5
  • References 6
  • External links 7

History

Headquarter in Silkeborg.

Jyske Bank is the result of the merger in 1967 of four banks from the mid-Kjellerup Bank, Kjellerup Handels- og Landbobank, and the Handels- og Landbrugsbank in Silkeborg. These banks trace their roots back to the mid-19th Century.

  • 1968 - Jyske Bank acquired Banken for Brædstrup og Omegn.
  • 1970 - Jyske Bank acquired Samsø Bank.
  • 1970 - Jyske Bank acquired Odder Landbobank.
  • 1981 - Jyske Bank acquired Copenhagen-based Finansbanken, giving it national coverage.
  • 1983 - Jyske Bank acquired Vendelbobanken.
  • 1989 - Jyske Bank acquired Holstebro Bank.
  • 2011 - Jyske Bank acquired most of Fjordbank Mors.
  • 2013 - Jyske Bank acquired Spar Lolland

International operations

Jyske Bank, Frederikssund.
  • 1981 - With its merger with Finansbanken, Jyske Bank acquired the subsidiary in Zürich, Switzerland that Finansbanken had established in 1970 under the name Finanz- und Investmentbank. This is the oldest Scandinavian-owned subsidiary in Switzerland. In 1985 the subsidiary's name became Jyske Bank (Schweiz).
  • 1983 - Jyske Bank established an office in London and three years later upgraded it to a branch.
  • 1984 - Jyske Bank established a representative office of Jyske Bank Private Banking in Fuengirola on the Spanish Costa del Sol.
  • 1987
  • Jyske Bank acquired Banco Galliano (est. 1855) in Gibraltar, a family-owned bank and the oldest bank in the colony.
  • Jyske Bank acquired Hamburger Handelsbank (est. 1921), giving it a branch in Hamburg.
  • 1988 - Jyske Bank converted its representative office in Spain into a subsidiary that it later converted back to a representative office.
  • 2002 - Jyske bank formed a strategic alliance with Nykredit to become a major actor in the Danish finance industry.
  • 2003 - Jyske Bank established representative office for Jyske Bank Private Banking in Cannes, on the French Côte d'Azur.
  • 2004
  • Jyske Bank established a representative office in Poland to conduct private banking.
  • Jyske Bank acquired 60% of Berben's Effectenkantoor in Echt, Netherlands.
  • 2007 - Jyske Bank Private Banking closed the offices in Warsaw and Fuengirola.
  • 2008 - Jyske Bank closed its branch in London.

Subsidiaries

International branches or subsidiaries

  • Jyske Bank (Schweiz)
  • Jyske Bank Ltd. (Gibraltar)
  • Jyske Bank, Filiale Hamburg (Germany)
  • Jyske Bank (France)
  • Berben's Effectenkantoor B.V. (Netherlands)

Products

Jyske Bank offers a range of banking products, including savings and loans, mortgages, private banking, offshore banking and business banking.

References

  1. ^ a b c d e "Annual Report 2010" (PDF). Jyske Bank. Retrieved 3 March 2011. 
  2. ^ Jyske Bank is larger than Sydbank, which has its headquarters in Aabenraa.

External links

  • Official website
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