19 July 2023 at 07:32 Danske Bank sells its private customer business to Nordea – Danske Bank announced just over a month ago that it had decided to focus its operations in Norway within the corporate and large customer segment, and that it was therefore looking for a buyer for the bank’s private customer business. – It is now clear that Nordea will take over this part of the bank, as well as relevant investment products. Danske Bank states this in a press release. Danske Bank emphasizes in the press release that the bank’s private customers do not need to take any action related to the sale at the present time. On 7 June, the news came that Danske Bank will no longer offer banking services to private customers, and has started a process to perhaps be able to sell this part of the company in Norway. The Norwegian Competition Authority stated at the time that they would make a thorough assessment when it becomes clear who will buy the business. – Danske Bank is one of the largest banks in Norway, and we will have to make a thorough assessment of the acquisition. The assessment will depend on who buys the business, said Gjermund Nese, director of the Norwegian Competition Authority, to NTB at the time.
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