Jyske Bank

Jyske Bank A/S
Publicly traded Aktieselskab (Nasdaq Copenhagen: 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 Silkeborg, and the bank has offices, branches, or subsidiaries in Denmark, France, Germany, 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.

History

Headquarter in Silkeborg.

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

International operations

Jyske Bank, Frederikssund.
  • 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.
  • Jyske Bank established a representative office in Poland to conduct private banking.
  • Jyske Bank acquired 60% of Berben's Effectenkantoor in Echt, Netherlands.

Subsidiaries

International branches or subsidiaries

Products

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

References

  1. 1 2 3 4 5 "Annual Report 2010" (PDF). Jyske Bank. Retrieved 3 March 2011.
  2. Jyske Bank is larger than Sydbank, which has its headquarters in Aabenraa.
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