Danske Bank, formerly named Fokus Bank, is the

Norwegian Norwegian, Norwayan, or Norsk may refer to: *Something of, from, or related to Norway, a country in northwestern Europe *Norwegians, both a nation and an ethnic group native to Norway *Demographics of Norway *The Norwegian language, including the ...

operations of the Danish

Danske Bank Danske Bank A/S is a Danish multinational banking and financial services corporation. Headquartered in Copenhagen, it is the largest bank in Denmark and a major retail bank in the northern European region with over 5 million retail customers. ...

. It has long been one of the largest banks in

Scandinavia Scandinavia; Sámi languages: /. ( ) is a subregion#Europe, subregion in Northern Europe, with strong historical, cultural, and linguistic ties between its constituent peoples. In English usage, ''Scandinavia'' most commonly refers to Denmark, ...

. Danske Bank has 41 local branches spread around all of Norway. The main office is in

Trondheim Trondheim ( , , ; sma, Tråante), historically Kaupangen, Nidaros and Trondhjem (), is a city and municipality in Trøndelag county, Norway. As of 2020, it had a population of 205,332, was the third most populous municipality in Norway, and ...

and the bank employs approximately 1,000 workers. The bank has 210,000 private customers and 15,000 business customers. The bank has two subsidiaries:
Danske Capital AS
manages

money market The money market is a component of the economy that provides short-term funds. The money market deals in short-term loans, generally for a period of a year or less. As short-term securities became a commodity, the money market became a compon ...

obligation An obligation is a course of action that someone is required to take, whether legal or moral. Obligations are constraints; they limit freedom. People who are under obligations may choose to freely act under obligations. Obligation exists when the ...

and

mutual fund A mutual fund is a professionally managed investment fund that pools money from many investors to purchase securities. The term is typically used in the United States, Canada, and India, while similar structures across the globe include the SICAV i ...

s with the brand nam
Danske Invest
* The

real estate Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more general ...

agent Fokus Krogsveen AS, branded as Krogsveen.

History

The banks that made up Danske Bank were all incorporated between 1868 and 1932. Danske Bank is the result of merge between of all together seven regional banks in Norway and was noted on

Oslo Stock Exchange Oslo Stock Exchange ( no, Oslo Børs) (OSE: OSLO) is a stock exchange within the Nordic countries and offers Norway’s only regulated markets for securities trading today. The stock exchange offers a full product range including equities, deriv ...

. The merger was between Buskerudbanken, Bøndernes Bank, Forretningsbanken,

Vestlandsbanken Vestlandsbanken was a bank based in Bergen, Norway. It was established in 1926 and explicitly did all its business in Nynorsk. In 1975, it merged with the Oslo-based Oslo Nye Sparebank, also it a Nynorsk-bank. In 1987, Vestlandsbanken merged with ...

in 1987 and with Tromsbanken (1990), Rogalandsbanken (1991) and Samvirkebanken (1993). In 1999 it was acquired by Danske Bank, and became part of the Danske Bank Corporation on May 7, 1999.

External links

References

Banks of Norway Companies formerly listed on the Oslo Stock Exchange Companies based in Trondheim Banks established in 1859

Norway Norway, officially the Kingdom of Norway, is a Nordic country in Northern Europe, the mainland territory of which comprises the western and northernmost portion of the Scandinavian Peninsula. The remote Arctic island of Jan Mayen and t ...

Norwegian companies established in 1859 {{Norway-bank-stub