Frontpage Facts and figures What role do banks...

What role do banks play in Danish society

Banks are an integral part of everyday life in Denmark, ensuring money is channelled to the destinations intended – by private individuals, businesses and public authorities.

Banks’ role in daily business

Banks are consulted when businesses start up, expand, sell and buy. Banks are there in good times and in bad. As such, they are a critical springboard for the competitiveness of the entire country. 

Banks’ role in daily life

Banks are with us when we shop for dinner, Dankort debit card in hand. When we use payment services to pay our rent and other bills or when we save for our dream holiday or take out a home loan.

Banks and growth

As part of the Danish national economy, banks have immense influence on the country’s economic development. Countries with an efficient financial sector enjoy higher growth and living standards than those without.

Banks as businesses

As businesses in their own right, banks also contribute significantly to the national economy - through jobs, tax payments, education, innovation, research and development.

Banks take social responsibility

Banks engage in the local community, supporting such activities as local sports and charitable organisations. Banks also offer free debt counselling services and demonstrate their commitment to social responsibility by using green IT - environmentally sustainable computing. Many banks work strategically with social accountability - also known as Corporate Social Responsibility (CSR).
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