Banks in Denmark
Summary
Banks in Denmark industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The banking industry involves the activities of banks and similar institutions that offer financial services such as savings, loans, mortgages, and related services to businesses and consumers.
- The Danish banks industry group recorded assets of $1,507.1 billion in 2023, representing a compound annual growth rate (CAGR) of 9.9% between 2018 and 2023.
- The bank credit segment accounted for the industry group's largest proportion in 2023, with total assets of $637.1 billion, equivalent to 42.3% of the industry group's overall value.
- In 2023, the revenue growth of the Danish banks industry group contracted by 2.5% due to the hike in interest rates which deteriorated the demand for loans. In July 2023, the average interest rate, which includes the administration rate on mortgage debt held by Danish homeowners, increased by 0.2 percentage points, to reach 3.01%.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the banks market in Denmark
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the banks market in Denmark
- Leading company profiles reveal details of key banks market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Denmark banks market with five year forecasts
- What was the size of the Denmark banks market by value in 2023?
- What will be the size of the Denmark banks market in 2028?
- What factors are affecting the strength of competition in the Denmark banks market?
- How has the market performed over the last five years?
- What are the main segments that make up Denmark's banks market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market share
- 1.6. Market rivalry
- 1.7. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Market share
- 7.2. Who are the leading players?
- 7.3. What are the strategies of the leading players?
- 7.4. What have been the recent M&A activities?
- 8 Company Profiles
- 8.1. Danske Bank
- 8.2. Nordea Bank Abp
- 8.3. The Nykredit Bank Group
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Denmark banks industry value: $ billion, 2018-23
- Table 2: Denmark banks industry category segmentation: % share, by value, 2018-2023
- Table 3: Denmark banks industry category segmentation: $ billion, 2018-2023
- Table 4: Denmark banks industry geography segmentation: $ billion, 2023
- Table 5: Denmark banks industry value forecast: $ billion, 2023-28
- Table 6: Denmark banks industry share: % share, by value, 2023
- Table 7: Danske Bank: key facts
- Table 8: Danske Bank: Key Employees
- Table 9: Nordea Bank Abp: key facts
- Table 10: Nordea Bank Abp: Annual Financial Ratios
- Table 11: Nordea Bank Abp: Key Employees
- Table 12: The Nykredit Bank Group: key facts
- Table 13: The Nykredit Bank Group: Key Employees
- Table 14: Denmark size of population (million), 2019-23
- Table 15: Denmark gdp (constant 2005 prices, $ billion), 2019-23
- Table 16: Denmark gdp (current prices, $ billion), 2019-23
- Table 17: Denmark inflation, 2019-23
- Table 18: Denmark consumer price index (absolute), 2019-23
- Table 19: Denmark exchange rate, 2019-23
- List of Figures
- Figure 1: Denmark banks industry value: $ billion, 2018-23
- Figure 2: Denmark banks industry category segmentation: $ billion, 2018-2023
- Figure 3: Denmark banks industry geography segmentation: % share, by value, 2023
- Figure 4: Denmark banks industry value forecast: $ billion, 2023-28
- Figure 5: Forces driving competition in the banks industry in Denmark, 2023
- Figure 6: Drivers of buyer power in the banks industry in Denmark, 2023
- Figure 7: Drivers of supplier power in the banks industry in Denmark, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the banks industry in Denmark, 2023
- Figure 9: Factors influencing the threat of substitutes in the banks industry in Denmark, 2023
- Figure 10: Drivers of degree of rivalry in the banks industry in Denmark, 2023
- Figure 11: Denmark banks industry share: % share, by value, 2023
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