The following list of banks in Denmark is to be understood within the framework of the European single market, which means that Denmark's banking system is more open to cross-border banking operations than peers outside of the European Union. It is based on the 2026 categorization of Danish credit institutions based on metrics observed in the third quarter of 2025, as published by Finanstilsynet, the country's bank supervisory authority. [1]
The list below uses the same categories, or groups, and lists credit institutions within each group in the same order as Finanstilsynet. For that, Finanstilsynet relies on a concept of "working capital" defined as the sum of equity, subordinated debt, deposits and other debt, deposits in pooled schemes, bonds issued at fair value, and bonds issued at amortized cost. [2]
Finanstilsynet's Group 1 is made of credit institutions designated as systemically important: [1]
Aside from its above-listed mortgage subsidiary, Nordea operates in Denmark via a branch, categorized in Finanstilsynet's Group 5. Nordea describes itself as a leading bank in Denmark, [5] and was among the country's largest banks before its conversion into a branch in 2016. [6]
Finanstilsynet's Group 2 is made of credit institutions whose working capital exceeds DKK 17.5 billion, but are not systemically important: [1]
Finanstilsynet's Group 3 is made of credit institutions with working capital between DKK 2 billion and DKK 17.5 billion: [1]
Finanstilsynet's Group 4 is made of credit institutions with working capital under DKK 2 billion: [1]
Finanstilsynet's Group 5 comprises the Danish branches of the following non-Danish banking groups, all established in the European Economic Area: [1]
Finanstilsynet's Group 6 is made of banks established in the Faroe Islands and Greenland: [1]