Jyske Bank


Jyske Bank A/S is the third largest Danish bank in terms of market share.
The headquarters are located in Silkeborg, and the bank has offices, branches, or subsidiaries in Denmark, Germany, and Gibraltar. It is the second-largest bank to be listed on the Copenhagen Stock Exchange, and it is the largest bank in Denmark headquartered outside Copenhagen.
The current CEO of Jyske Bank is Anders Dam. The bank employs some 3700 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.
Jyske Bank offers a range of banking products, including savings and loans, mortgages, private banking, offshore banking and business banking.

Controversies

Jyske Bank was mentioned in the Panama Papers and the bank was used by Sergei Pugachev for money laundering. In 2018 the Danish FSA criticised the bank for insufficient measures to prevent money laundering.