Nordic region

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Nordic region

MeritaNordbanken leads the pack to become the premier pan-Nordic bank. Alfred Berg overcomes adversity to claim the crown in equity and M&A. Christina White

Denmark

Best domestic bank: Den Danske Bank


Best foreign bank: MeritaNordbanken


Best domestic bond house: Unibank


Best foreign bond house: ABN Amro


Best domestic equity house: Danske Securities


Best foreign equity house: Carnegie


Best foreign M&A house: Alfred Berg


Whether Den Danske Bank is measured by market capitalization, total assets, or market share, it remains Denmark's largest bank. As the choice bank for blue-chip corporates in Denmark, Den Danske Bank has a large share of a relatively small market.


With more than 35% of the retail market, Den Danske is also the largest retail bank. It balances its activities between the wholesale and retail markets, but is looking to strengthen its retail activities.


In 1999 the bank adopted Raroc (risk-adjusted return on capital) analysis, and since then the primary focus of the bank has been on capital efficiency. In a move towards the way in which Swedish and Norwegian banks operate, the bank has begun to make more of its financial information available to the public.


Den Dankse Bank is attracting new Scandinavian, European and American clients through what is called the Partner Bank, an agreement with global banks to handle the customers' Nordic banking needs.











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