Sparekassen Sjælland
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Sparekassen Sjælland
Sparekassen Sjælland-Fyn () is a bank headquartered in Holbæk, Denmark. History Sparekassen Sjælland-Fyn traces its history back to the foundation of Holbæk Amts Sparekassen on 23 December 1825 at Frydendal Manor. The estate's owner, Jacob Frederik van Deurs, was the first chairman of the board. He was succeeded by Chr. v. Barner from Kalundborg Slots Ladegård in 1829. The current bank is the result of a series of mergers between local saving banks on Zealand and the bank has formerly operated under names such as Sparekassen Holbæk, Sparekassen for Holbæk og Omegn, Sparekassen Nordvestsjælland and Sparekassen Vestsjælland. The current name was introduced in 2001. In 2010, Sparekassen Sjælland merged with Næstved-based Max Bank. Sparekassen Sjælland-Fyn was listed on the Copenhagen Stock Exchange on 4 December 2015. Company The current headquarters was built in 2003 (according to BBR) and are located on the harbourfront in Holbæk. It houses approximately 150 emp ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Torbenfeldt Castle
Torbenfeldt Castle is a manor house located 15 km south-west of Holbæk on the island of Zealand in eastern Denmark. The estate covers 1,711 hectares of land (2000). History The origin of the name Torbenfeldt is unclear but it may refer to Torben Nielsen (died 1310) who was married to a sister of Marsk Stig's first wife. Torbensfeldt is first mentioned in 1377. Early owners include members of the noble Moltke, Gøye and Brahe families. In 1668 the estate was acquired by King Frederick III who renamed it Frydendal. The king died in 1670 and his son Prince George ceded the estate to Christoffer Parsberg in exchange for Jungshoved at Vordingborg Vordingborg () is an old ferry town in Vordingborg Municipality in Denmark with around 18,000 inhabitants. Because of three large estates surrounding the town, a coherent urban development has not been possible, which is the reason why three sat ... in 1671. An important figure in the central administration, Parsberg was created co ...
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Banks Of Denmark
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ...
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Funen
Funen ( da, Fyn, ), with an area of , is the third-largest island of Denmark, after Zealand and Vendsyssel-Thy. It is the 165th-largest island in the world. It is located in the central part of the country and has a population of 469,947 as of 2020. Funen's main city is Odense, which is connected to the sea by a seldom-used canal. The city's shipyard, Odense Steel Shipyard, has been relocated outside Odense proper. Funen belongs administratively to the Region of Southern Denmark. From 1970 to 2006 the island formed the biggest part of Funen County, which also included the islands of Langeland, Ærø, Tåsinge, and a number of smaller islands. Funen is linked to Zealand, Denmark's largest island, by the Great Belt Bridge, which carries both trains and cars. The bridge is in reality three bridges; low road and rail bridges connect Funen to the small island of Sprogø in the middle of the Great Belt, and a long road suspension bridge (the second longest in the world at the time ...
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Sparekassen Sjælland
Sparekassen Sjælland-Fyn () is a bank headquartered in Holbæk, Denmark. History Sparekassen Sjælland-Fyn traces its history back to the foundation of Holbæk Amts Sparekassen on 23 December 1825 at Frydendal Manor. The estate's owner, Jacob Frederik van Deurs, was the first chairman of the board. He was succeeded by Chr. v. Barner from Kalundborg Slots Ladegård in 1829. The current bank is the result of a series of mergers between local saving banks on Zealand and the bank has formerly operated under names such as Sparekassen Holbæk, Sparekassen for Holbæk og Omegn, Sparekassen Nordvestsjælland and Sparekassen Vestsjælland. The current name was introduced in 2001. In 2010, Sparekassen Sjælland merged with Næstved-based Max Bank. Sparekassen Sjælland-Fyn was listed on the Copenhagen Stock Exchange on 4 December 2015. Company The current headquarters was built in 2003 (according to BBR) and are located on the harbourfront in Holbæk. It houses approximately 150 emp ...
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Copenhagen Stock Exchange
The Nasdaq Copenhagen, formerly known as the Copenhagen Stock Exchange ( da, Københavns Fondsbørs), is an international marketplace for Danish securities, including shares, bonds, treasury bills and notes, and financial futures and options. Nasdaq Copenhagen is one of the Nasdaq Nordic Exchanges. Nasdaq Nordic goes back to the 2003 merger of ''OM AB'' and ''HEX plc'' to form ''OMX'' and is, since February 2008, part of Nasdaq, Inc. (formerly known as ''NASDAQ OMX Group''). Background and structure The exchange was converted to a limited company in 1996 with share capital issued in a ratio of 60-20-20 to members, issuers of shares, and issuers of bonds. In 1997 the FUTOP Clearing Center A/S, the Danish derivatives market, became a wholly owned subsidiary. FUTOP issues, clears, and guarantees futures and options on shares, indices, and interest rate products. FUTOP products can be traded electronically. In 1998, the CSE and the Stockholmsbörsen formed the NOREX Alliance, ...
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Næstved
Næstved () is a town in the municipality of the same name, located in the southern part of the island of Zealand in Denmark. Næstved has several adult education centers, five elementary schools - and has at least one of each type of the four upper-second-level education centers. The city has the largest high school in Denmark, Næstved Gymnasium & HF. History Næstved has roots as far back as 400-500 BC. Archaeological material from this period has been found in the soil under Næstved, and tells of human life here long before the Viking era. The name of the city, Næstved, derives from two words: Næs and Tved. Tved means "cleared land" or "cleared wood" (as "thwaite" in English toponyms), and refers to the city's origin in the woods of southern Zealand, on the banks of the Suså. "Næs" is the Danish word for a small peninsula (as "ness" in English toponyms), and probably refers to the city's placing on the peninsulas Ydernæs, Grimstrup Næs, and Appenæs. In 1135, Be ...
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Zealand
Zealand ( da, Sjælland ) at 7,031 km2 is the largest and most populous island in Denmark proper (thus excluding Greenland and Disko Island, which are larger in size). Zealand had a population of 2,319,705 on 1 January 2020. It is the 13th-largest island in Europe by area and the 4th most populous. It is connected to Sprogø and Funen by the Great Belt Fixed Link and to Amager by several bridges in Copenhagen. Indirectly, through the island of Amager and the Øresund Bridge, it is also linked to Scania in Sweden. In the south, the Storstrøm Bridge and the Farø Bridges connect it to Falster, and beyond that island to Lolland, from where the Fehmarnbelt Tunnel to Germany is planned. Copenhagen, the capital of Denmark, with a population between 1.3 and 1.4 million people in 2020, is located mostly on the eastern shore of Zealand and partly on the island of Amager. Other cities on Zealand include Roskilde, Hillerød, Næstved, Helsingør, Slagelse, Køge, Holbæk a ...
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Private Bank
Private banks are banks owned by either the individual or a general Partner (business rank), partner(s) with limited partner(s). Private banks are not incorporation (business), incorporated. In any such case, creditors can look to both the "entirety of the bank's assets" as well as the entirety of the sole-proprietor's/general-partners' assets. These banks have a long tradition in Switzerland, dating back to at least the Revocation of the Edict of Nantes#The Revocation of the Edict of Nantes, Revocation of the Edict of Nantes (1685). Private banks also have a long tradition in the UK where C. Hoare & Co. has been in business since 1672. Notable private banks This list contains two types of banks: * Unincorporated banks owned by either an individual or a general partner(s) with limited partner(s). * Incorporated banks specialized in wealth management for high-net-worth individuals. China *Bank of Communications, founded in 1908 *China Merchants Bank France * Compagnie Fin ...
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Aktieselskab
''Aktieselskab'' (; Abbreviation, abbr.: A/S, or a/s, Unicode ; literally meaning: "stock company") is the Denmark, Danish name for a stock-based corporation. An ''aktieselskab'' may be either publicly traded or private. Liability The shareholders of an ''aktieselskab'' are not liable for the debts of the company. This can be used to protect the assets of the company against creditors by forming a group of companies. If an A/S is owned by a holding company (typically another A/S), the profit from the production company can be transferred to the holding company. Since there is no liability for the owners of an A/S, creditors from the production company will not be able to claim the profit in case of bankruptcy. Professional creditors, such as banks, protect themselves from this by demanding that the holding company guarantees the debts of the production company. Formation of an ''aktieselskab'' The formation of an ''aktieselskab'' requires a number of steps, including the followi ...
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Commercial Bank
A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit. It can also refer to a bank, or a division of a large bank, which deals with corporations or a large/middle-sized business to differentiate it from a retail bank and an investment bank. Commercial banks include private sector banks and public sector banks. History The name ''bank'' derives from the Italian word ''banco'' "desk/bench", used during the Italian Renaissance era by Florentine bankers, who used to carry out their transactions on a desk covered by a green tablecloth. However, traces of banking activity can be found even in ancient times. In the United States, the term commercial bank was often used to distinguish it from an investment bank due to differences in bank regulation. After the Great Depression, through the Glass–Steagall Act, the U.S. Congress required that commercial banks only engage in ba ...
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Retail Banking
Retail banking, also known as consumer banking or personal banking, is the provision of services by a bank to the general public, rather than to companies, corporations or other banks, which are often described as wholesale banking. Banking services which are regarded as retail include provision of savings and transactional accounts, mortgages, personal loans, debit cards, and credit cards. Retail banking is also distinguished from investment banking or commercial banking. It may also refer to a division or department of a bank which deals with individual customers. In the U.S., the term commercial bank is used for a ''normal'' bank to distinguish it from an investment bank. After the Great Depression, the Glass–Steagall Act restricted normal banks to banking activities, and investment banks to capital market activities. That distinction was repealed in the 1990s. Commercial bank can also refer to a bank or a division of a bank that deals mostly with deposits and loans from co ...
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