Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
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 newsPress ReleasesOfficial PublicationsSector newsAnalyst Recommendations

Danske Bank A/S : supports initiatives to mitigate the financial consequences of COVID-19, including reassessing proposal for payment of dividends

share with twitter share with LinkedIn share with facebook
share via e-mail
03/23/2020 | 11:27am EDT
 

 

 

Company announcement no. 3/2020

 

 

 
 Danske Bank A/S
Holmens Kanal 2-12
DK-1092 København K
Tel. +45 45 14 14 00

 

 

 

 

 

 

 

23 March 2020

 

 


Danske Bank A/S supports initiatives to mitigate the financial consequences of COVID-19, including reassessing proposal for payment of dividends

The COVID-19 pandemic poses a serious threat to the economy. As one of the largest banks in the Nordic countries and the largest bank in Denmark, we play an important role in contributing to minimise the negative economic consequences for our customers and society as a whole.
For this reason, on 15 March 2020, we announced a series of measures aimed at offering extended help and flexibility for individuals and businesses who are impacted financially by this extraordinary situation.
These initiatives include expanded access to overdrafts, payment in instalments, increases of facilities and extension of terms. We also suspended the charging of negative interest rates for the rest of the year for up to 90,000 small businesses with deposits of less than DKK 500,000 and offered longer credit periods on their credit cards.
We have already been in dialogue with many commercial and retail customers and will continue to monitor the situation closely and consider additional initiatives.
The extraordinary situation requires a joint effort from all parts of society, and we are pleased that the Danish government and the Danish Parliament, as well as the Danish central bank and the Danish Financial Supervisory Authority, have acted with great determination and taken a series of initiatives aimed at minimising the economic impact. Today, the government and Finance Denmark have furthermore published a joint declaration to ensure that these initiatives will have the desired effect. We fully support this declaration. Danske Bank A/S has strong capital and liquidity positions, which makes us well prepared for contributing to this joint effort.
On 16 March 2020, we postponed our AGM following a recommendation from the Danish Financial Supervisory Authority due to uncertainty about whether the meeting could be held in accordance with the health and safety guidelines issued by the Danish authorities. The 2020 AGM will be called when possible, and the Board of Directors will continuously monitor the situation closely and reassess what it will propose for payment of dividends. Danske Bank has no ongoing share buy-back programmes.

Danske Bank
Board of Directors

Contact: Stefan Singh Kailay, Group Press Officer, +45 45 14 14 00

Contact: Stefan Singh Kailay, Group Press Officer, +45 45 14 14 00

Attachment

  • Company announcement No 3 2020

© OMX, source OMX

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on DANSKE BANK A/S
05/26SOLON EIENDOM : Major shareholder disclosure in Solon Eiendom ASA by Danske Bank..
AQ
05/25German sentiment survey boosts stocks, Europe focuses on recovery fund
RE
05/25German survey fuels stock gains, euro investors eye EU summit
RE
05/25DANSKE BANK A/S : Rate Fixing NO0010861081 2020-05-25
AQ
05/20DANSKE BANK A/S : Scandal-hit states oppose plan for EU scrutiny of money launde..
RE
05/19RECIPHARM PUBL : has carried out a directed share issue of 4,524,886 class B sha..
AQ
05/18Euro jumps on Franco-German proposal for EU fund, joint debt
RE
05/18Euro jumps on Franco-German proposal for EU fund, joint debt
RE
05/18Services group ISS hires banker Aarup-Andersen to complete revamp
RE
05/18DANSKE BANK A/S : Changes in Executive Leadership Team
AQ
More news
Financials (DKK)
Sales 2020 40 169 M
EBIT 2020 11 698 M
Net income 2020 2 174 M
Debt 2020 -
Yield 2020 1,17%
P/E ratio 2020 31,7x
P/E ratio 2021 7,65x
Capi. / Sales2020 1,72x
Capi. / Sales2021 1,66x
Capitalization 69 240 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
TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 16
Average target price 99,89 DKK
Last Close Price 81,12 DKK
Spread / Highest target 122%
Spread / Average Target 23,1%
Spread / Lowest Target -7,54%
EPS Revisions
Managers
NameTitle
Chris Vogelzang Chief Executive & Operating Officer
Karsten Dybvad Dalsjö Chairman
Stephan Engels Chief Financial Officer
Charlotte Hoffmann Director
Carol Frances Sergeant Vice Chairman
Sector and Competitors
1st jan.Capitalization (M$)
DANSKE BANK A/S-24.75%10 192
JPMORGAN CHASE & CO.-31.26%291 920
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED-17.00%247 713
BANK OF AMERICA CORPORATION-35.66%210 644
CHINA CONSTRUCTION BANK CORPORATION-9.21%197 993
BANK OF CHINA LIMITED-14.41%132 061