Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  NASDAQ OMX COPENHAGEN  >  Danske Bank A/S    DANSKE   DK0010274414

DANSKE BANK A/S

(DANSKE)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

Danske Bank A/S : Buyer of property owned by Karins' family transferred money through accounts in ABLV Bank and Danske Bank

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/17/2019 | 03:15am EDT

RIGA, May 17 (LETA) Buyer of the real estate property of Prime Minister Krisjanis Karins' (New Unity) family had been financed by Cyprus-registered company who, most believably, transferred money from its account in ABLV Bank to the buyer's account in the Latvian branch of Danske Bank, according to the information obtained by LETA.

On July 21, 2014, a loan agreement was signed between Cyprus-registered company Blackmerc Ltd and Latvian-registered company P.J.Assets 1, according to which Blackmerc Ltd lends up to EUR 3 million to P.J.Assets 1 for purchase of shares in S2 Riga company owned by Karins' wife. A real estate property at 2 Skolas Street, inherited by Karins and then given to his wife, had been invested in the share capital of the company S2 Riga.

Blackmer Ltd had a bank account in ABLV Bank, and P.J.Assets 1 had a bank in the Latvian bank of Danske Bank. Both banks have recently been involved in money laundering scandals.

Representatives of both banks refused to reveal any information on their customers and their transactions to LETA, while Danske Bank representative said that the bank is cooperating with the supervisory institutions and providing them all necessary information if needed.

Control Service deputy chief Marta Jaksona in an interview with LETA refused to reveal information whether the service is investigating the origin of money used to purchase the property of Karins' family in the accounts of ABLV Bank and Danske Bank. She said that the Control Service may only inform the pre-trial investigation institutions or the prosecutor's office, and the involved parties on such activities.

As reported, the Organized Crime Department of the State Police has launched a probe into a real estate deal that involved Karins' spouse Anda Karina.

Karins categorically denies any wrongdoing on the part of his wife. His post on Facebook explains that he owned the property at 2 Skolas Street, which for a long time was managed by his wife. They eventually decided to register the entire property in her name.

"In 2014 a potential buyer offered to buy the property. They agreed that the property would be invested in the share capital of a startup, and that the new company's shares would be sold. My wife sold all her shares and paid all applicable taxes. The deal took several months to complete. I would also like to emphasize that no offshore companies were involved in the transaction," said Karins.

© Pakistan Press International, source Asianet-Pakistan

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on DANSKE BANK A/S
06:45aDANSKE BANK A/S : dismisses head of Danish banking
AQ
06/24ABN AMRO : Danske Bank ousts former interim CEO after customers overcharged
RE
06/24DANSKE BANK A/S : ousts former interim Chief Executive after customers overcharg..
AQ
06/24DANSKE BANK A/S : ousts former interim Chief Executive after customers overcharg..
AQ
06/24Estonia warns of risks in wake of money laundering scandal
RE
06/24DANSKE BANK A/S : Fires Danish Banking Chief After Customers Overcharged
DJ
06/24DANSKE BANK A/S : Jesper Nielsen To Leave His Position At Danske Bank
DJ
06/24DANSKE BANK A/S : Jesper Nielsen to leave his position at Danske Bank
AQ
06/19DANSKE BANK A/S : New chairman pledges to 'clean' scandal-hit Swedbank
RE
06/18Major Banks to Weigh Environmental Impact in New Shipping Loans -- 3rd Update
DJ
More news
Financials (DKK)
Sales 2019 45 269 M
EBIT 2019 19 615 M
Net income 2019 14 441 M
Debt 2019 -
Yield 2019 8,63%
P/E ratio 2019 6,04
P/E ratio 2020 5,96
Capi. / Sales 2019 1,92x
Capi. / Sales 2020 1,87x
Capitalization 86 822 M
Chart DANSKE BANK A/S
Duration : Period :
Danske Bank A/S Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends DANSKE BANK A/S
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 151  DKK
Spread / Average Target 50%
EPS Revisions
Managers
NameTitle
Jesper Nielsen Chief Executive Officer & Head-Banking
Karsten Dybvad Dalsjö Chairman
James Martin Ditmore COO, Group Head-Services & IT
Christian Baltzer Chief Financial Officer
Charlotte Hoffmann Director
Sector and Competitors
1st jan.Capitalization (M$)
DANSKE BANK A/S-21.88%14 240
JP MORGAN CHASE & COMPANY12.11%345 353
INDUSTRIAL AND COMMERCIAL BANK OF CHINA11.15%284 490
BANK OF AMERICA14.12%253 679
CHINA CONSTRUCTION BANK CORPORATION16.80%214 502
WELLS FARGO1.76%200 088