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Headline: Denmark Source: Euromoney Date: July 2001 Best bank: Danske Bank Best debt house: ABN AMRO Best equity house: Alfred Berg Best M&A house: Carnegie Danske Bank, Denmark’s largest bank, boasts the strongest franchise in its home market and consolidated its position in early 2000 with its acquisition of RealDanmark, a move from which the group has now realized substantial cost synergies. In 2000 Danske held total assets of DKr1,363 billion ($157.6 billion), with core earnings of DKr9,145 billion, a 49% increase on 1999’s figures. Danske continues to dominate in Denmark’s retail banking sector. |
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