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


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Danske Bank A/S : first in the Nordics with a solution for viewing business accounts from other banks

11/20/2020 | 09:25am EST

Business customers in Danske Bank can now easily view their accounts and payments across multiple banks in one overview.

The new solution is based on Open Banking and is an important step towards more innovation and transparency for business customers.

Many businesses use more than one bank, and it can be both time-consuming and difficult to get an overview of accounts and payments and find the necessary data. In order to optimise and simplify the daily work, Danske Bank has developed 'Accounts from other banks', which enables businesses to view accounts and payments across banks in one overview in the financial platform District.

More than hundred customers have already tested 'Accounts from other banks', and the response has been positive:

'Many pilot customers have told us that they can save a lot of time and increase efficiency as a result of the overview provided by the solution. This is very valuable for them - particularly in this time of corona virus, when it is necessary to make quick decisions and having the full overview of liquidity', says Charlotte Schiottz Hassing from Corporate Digital Solutions and continues:

'Some of the pilot customers have actually told us that they can save as much as 4-5 hours every week as they can avoid a great deal of manual work'.

Open Banking becoming a reality

'Accounts from other banks' is based on Open Banking, which is driven by the PSD2 regulations. The new solution is an important step towards more innovation and transparency for business customers, as the purpose of District is to provide customers with a financial platform that connects their financial data and makes it easy for them to get a financial overview.

(C) 2020 Electronic News Publishing, source ENP Newswire

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Sales 2020 42 160 M 6 850 M 6 850 M
Net income 2020 4 321 M 702 M 702 M
Net Debt 2020 - - -
P/E ratio 2020 23,1x
Yield 2020 1,88%
Capitalization 93 705 M 15 240 M 15 224 M
Capi. / Sales 2020 2,22x
Capi. / Sales 2021 2,20x
Nbr of Employees 22 582
Free-Float 78,4%
Duration : Period :
Danske Bank A/S Technical Analysis Chart | DANSKE | DK0010274414 | MarketScreener
Technical analysis trends DANSKE BANK A/S
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus HOLD
Number of Analysts 21
Average target price 112,91 DKK
Last Close Price 109,90 DKK
Spread / Highest target 63,8%
Spread / Average Target 2,74%
Spread / Lowest Target -24,1%
EPS Revisions
Managers and Directors
Chris Vogelzang Chief Executive Officer
Karsten Dybvad Dalsjö Chairman
Frans Woelders Group Chief Operating Officer
Stephan Engels Chief Financial Officer
Fredrik Lindstrom Group Chief Information Officer
Sector and Competitors