Danske Bankas Makes Notice
OREANDA-NEWS. November 29, 2011. Decisions made by Government and the Bank of Lithuania in order to strengthen the stability and reliability of the country’s banking system have had no effect on the operations of Danske Bankas in Lithuania. Danske Bankas has been fulfilling all its obligations to its clients and is not changing its business strategy. All deposits held in Danske Bankas are insured by the Guarantee Fund for Depositors and Investors (Danish Kingdom), which covers deposits of EUR 100,000, reported the press-centre of Danske Bankas.
The financial services provider Danske Bank Group, headquartered in Copenhagen, is the largest bank in Denmark and the second largest bank according to assets in the financial market of Northern Europe. Its share capital amounts to EUR 16.9 billion (LTL 58.3 billion). The Danske Bank Group’s capital adequacy ratio is 18%.
The Group operates in 15 countries and has more than 660 bank branches with almost 22,000 employees. The Group’s services are used by more than 5 million people. Three major rating agencies give the Danske Bank Group a rating not lower than A.
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