Jyske Bank

Infobox Company
company_name = Jyske Bank A/S
company_
company_type = Public (OMX|CSE1587|JYSK)
foundation = 1967
location = Silkeborg, Denmark
key_people = Sven Buhrkall (Chairman of the board), Anders Dam (CEO)
industry = Finance
products = Financial services
net_income = profit DKK 1,735 million (2007)cite web |url=http://www.jyskebank.dk/_jb/commoninc/bin.asp?id=220867&src=rsrapport2007_uk.pdf |title=Annual Report 2007 |accessdate=2008-06-05 |publisher=Jyske Bank]
assets = DKK 214.3 billion (2007)
num_employees = 4,150 (2007)
homepage = [http://www.jyskebank.dk www.jyskebank.dk]
intl = yes

Jyske Bank A/S (OMX|CSE1587|JYSK) is a major Danish bank.

The headquarters are located in Silkeborg, and the Bank has offices, branches, or subsidiaries in Denmark, France, Germany, Gibraltar, The Netherlands, Switzerland, and the United Kingdom.

Jyske Bank is number three in Denmark in terms of share of the Danish banking market (approx. 7 %), it is the second-largest bank to be listed on Copenhagen Stock Exchange, and it is the largest bank in Denmark to be headquartered outside Copenhagen.Fact|date=February 2008

Jyske Bank profiles itself on an informal approach to banking, having abandoned the traditional bank counter-interior in 1998 in favour of an open banking environment, where the customer service agents are seated at round tables with 4-8 agents at each.

On 21. September 2006 a further remodelling was launched, this time using visual rhetorics based on retail rather than banking. Each bank branch now featured a cafe, a play corner for the kids and information on products were gathered in themed boxes that can be scanned at info stations for more information on the box content.

The current CEO of Jyske Bank is Anders Dam. The bank employs some 4500 individuals.

History

Jyske Bank is the result of the merger in 1967 of four banks from the mid-Jutland area: Silkeborg Bank, Kjellerup Bank, Kjellerup Handels- og Landbobank and the Handels- og Landbrugsbank in Silkeborg. These banks trace their roots back to the mid-19th Century.

*1968 - Jyske Bank acquired Banken for Brædstrup og Omegn.
*1970 - Jyske Bank acquired Samsø Bank.
*1970 - Jyske Bank acquired Odder Landbobank.
*1981 - Jyske Bank acquired Copenhagen-based Finansbanken, giving it national coverage.
*1983 - Jyske Bank acquired Vendelbobanken.
*1989 - Jyske Bank acquired Holstebro Bank.

International expansion

*1981 - With its merger with Finansbanken, Jyske Bank acquired the subsidiary in Zürich, Switzerland that Finansbanken had established in 1970 under the name Finanz- und Investmentbank. This is the oldest Scandinavian-owned subsidiary in Switzerland. In 1985 the subsidiary’s name became Jyske Bank (Schweiz).
*1983 - Jyske Bank established an office in London and three years later upgraded it to a branch.
*1985 - Jyske Bank established Jyske Bank Private Banking in Fuengirola on the Spanish Costa del Sol.
*1987 - Jyske Bank acquired Banco Galliano (est. 1855) in Gibraltar, a family-owned bank and the oldest bank in the colony.
*1987 - Jyske Bank acquired Hamburger Handelsbank (est. 1921), giving it a branch in Hamburg.
*2002 - Jyske bank formed a strategic alliance with Nykredit to become a major player in the Danish finance industry.
*2003 - Jyske Bank established an office to conduct private banking in Cannes, on the French Côte d’Azur.
*2004 - Jyske Bank established a subsidiary in Poland to conduct private banking.
*2007 - Jyske Bank Private Banking has closed down the offices in Warsaw and Fuengirola.

ubsidiaries

* JN Data A/S
* Jyske Finans A/S
** Bil & SejlerFinans A/S (sub of Jyske Finans A/S)
* Gl. Skovridergaard A/S
* Silkeborg Datacentral A/S
* Nordisk Factoring A/S

Banking branches or subsidiaries

* Jyske Bank (Schweiz)
* Jyske Bank Ltd. (Gibraltar)
* Jyske Bank, Filiale Hamburg (Germany)
* Jyske Bank, London Branch (United Kingdom)
* Jyske Bank (France)
* Berben's Effectenkantoor B.V. (Netherlands)

Products

Jyske Bank offers a range of banking products including savings & loans, mortgages, Private Banking and offshore banking and business banking.

References

External links

* [http://www.jyskebank.dk/ Official site]