Market penetration of banks for Danish large corporations in 2024
Nordea and Danske Bank were the two leading banks for large corporations in Denmark in 2024. Both the banks registered a market penetration rate of 84 percent. The following leading bank for large corporations, SEB, had a market penetration rate of 56 percent.
The largest Danish banks
The Denmark-based Danske Bank did not only have one of the highest market penetration rate for large corporations, but, in 2022, ranked as the leading bank in Denmark overall, with total assets amounting to approximately 3.76 trillion Danish kroner. Nykredit, which ranked third in terms of market size, was also the third largest bank in Denmark in terms of total assets, after Danske Bank and Jyske Bank.
Nordea is the leading bank in Finland
After a move of headquarters from Stockholm in 2018, Nordea is now headquartered in Helsinki. The bank then overtook OP Financial Group as the largest bank in Finland. The bank's total assets reached around 594.84 billion euros in 2022.