List of banks in Denmark

The following list of banks in Denmark is to be understood within the framework of the European single market, which means that Denmark's banking system is more open to cross-border banking operations than peers outside of the European Union. It is based on the 2026 categorization of Danish credit institutions based on metrics observed in the third quarter of 2025, as published by Finanstilsynet, the country's bank supervisory authority.[1]

The list below uses the same categories, or groups, and lists credit institutions within each group in the same order as Finanstilsynet. For that, Finanstilsynet relies on a concept of "working capital" defined as the sum of equity, subordinated debt, deposits and other debt, deposits in pooled schemes, bonds issued at fair value, and bonds issued at amortized cost.[2]

Systemically important banks

Finanstilsynet's Group 1 is made of credit institutions designated as systemically important:[1]

Aside from its above-listed mortgage subsidiary, Nordea operates in Denmark via a branch, categorized in Finanstilsynet's Group 5. Nordea describes itself as a leading bank in Denmark,[5] and was among the country's largest banks before its conversion into a branch in 2016.[6]

Medium-sized banks

Finanstilsynet's Group 2 is made of credit institutions whose working capital exceeds DKK 17.5 billion, but are not systemically important:[1]

  • Sparekassen Danmark
  • Ringkøbing Landbobank
  • Danmarks Skibskredit A/S
  • Sparekassen Kronjylland
  • Lån & Spar Bank A/S
  • SJF Bank
  • Middelfart Sparekasse
  • Danske Andelskassers Bank A/S

Smaller banks

Finanstilsynet's Group 3 is made of credit institutions with working capital between DKK 2 billion and DKK 17.5 billion:[1]

  • Djurslands Bank A/S
  • Sparekassen Thy
  • Skjern Bank A/S
  • Sydjysk Sparekasse
  • Lægernes Bank A/S
  • Lunar Bank A/S
  • Fynske Bank A/S
  • Kreditbanken A/S
  • Ekspres Bank A/S
  • Lollands Bank A/S
  • Merkur Andelskasse
  • Møns Bank A/S
  • Sparekassen Bredebro
  • Facit Bank A/S
  • Dragsholm Sparekasse
  • Sparekassen for Nr. Nebel og Omegn
  • Hvidbjerg Bank A/S
  • Rise Sparekasse
  • Frørup Andelskasse
  • kompasbank a/s

Small banks

Finanstilsynet's Group 4 is made of credit institutions with working capital under DKK 2 billion:[1]

  • Balling Sparekasse
  • Frøslev-Mollerup Sparekasse
  • Rønde Sparekasse
  • Sønderhå-Hørsted Sparekasse
  • Andelskassen Fælleskassen
  • Borbjerg Sparekasse
  • Faster Andelskasse
  • Klim Sparekasse
  • Maj Bank A/S
  • Stadil Sparekasse

Foreign branches

Finanstilsynet's Group 5 comprises the Danish branches of the following non-Danish banking groups, all established in the European Economic Area:[1]

As of October 2025, there were no branches of banks located outside the European Economic Area ("third-country branches") in Denmark, based on data compiled by the European Banking Authority.[7]

Faroe & Greenland

Finanstilsynet's Group 6 is made of banks established in the Faroe Islands and Greenland:[1]

Defunct banks

See also

References

  1. ^ a b c d e f g "Size grouping of credit institutions". Finanstilsynet. Retrieved 7 March 2026.
  2. ^ Bekendtgørelse om grænsen for arbejdende kapital, Ministry of Business, 4 June 2025
  3. ^ "Nykredit announces completion of the takeover offer: Spar Nord Bank A/S". Yahoo Finance UK. 28 May 2025.
  4. ^ "Sydbank A/S acquires Coop Bank A/S". London Stock Exchange. 1 July 2024.
  5. ^ "Our markets". Nordea. Retrieved 8 March 2026.
  6. ^ Karlo Kauko (7 June 2016). "Conversion of Nordea subsidiaries into branches – Nordic interconnectedness increases". Bank of Finland.
  7. ^ "The EBA updates list of third-country groups and branches operating in the European Union and the European Economic Area", European Banking Authority, 13 October 2025
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