Danske Bank (Sweden) Explained

Danske Bank
Type:Subsidiary of Danske Bank
Industry:Financial services
Foundation:Linköping, Sweden (1837)
Area Served:Sweden
Parent:Danske Bank

Danske Bank, formerly Östgöta Enskilda Bank, is a Swedish commercial bank which is owned by Danske Bank.

History

The bank was founded in 1837 as Öst-Götha-Bank in Linköping.[1] The bishop Johan Jacob Hedrén was bank director. In 1846 it changed name to Östgötha Enskilda Bank and in 1856 to Östergötlands Enskilda Bank.

The bank in Kisa, Östergötland was robbed on 28 May 1999 and with police in pursuit the robbers killed two policemen, see Malexander murders.

The banks in Stockholm and Östergötland County were called "Östgöta Enskilda Bank" until 2011, when they changed their name to "Danske Bank".[2]

Provincial banks

The banking license is held by Östgöta Enskilda Bank, but it uses different brand names in various parts of the country, typically named after the historical Provinces or Counties of Sweden.

Sources

Notes and References

  1. Book: Sustainability, Local Democracy and the Future: The Swedish Model. 9789401004961. Svedin. U.. Aniansson. Britt Hägerhäll. 27 June 2011.
  2. Web site: Magnus Sjöcrona Danske Bank Legal 500.