Report

Den Jyske Sparekasse - Capital buffer now above target

Slight guidance upgrade amid a credit relief CET1 up 170bp q-o-q with +100bp from CRR quick-fix We expect a positive share price reaction today
Underlying
Den Jyske Sparekasse A/S

Den Jyske Sparekasse A/S is a Denmark-based savings bank. The Company offers a range of financial services, advice and products to private customers, as well as small and medium enterprises (SME) and self-employed professionals. The Bank's offerings for private customers include savings accounts, current credit, consumer loans, credit card issuing, investment advice and wealth management, financial advice in areas of pensions and insurance, mortgage loans, and currency exchange services, among others. The Bank also has a special offering for young customers (under 28 years old). The offering for business customers includes investment advice, financial risk management, financing solutions, including foreign currency loans, as well as leasing, and sale and leaseback. The Bank's products and services are available through its online banking channel, Netbank, as well as through a network of local branches across Jutland, Denmark.

Provider
ABG Sundal Collier Sponsored
ABG Sundal Collier Sponsored

ABG Sundal Collier is the independent, Nordic investment banking powerhouse, developed over 30 years, founded on a hard working partnership culture and the ability to attract top talent.

Our strategy is to be an advisor and an intermediary, and the core product offering comprise corporate advisory services, corporate financing services and investor research and brokerage services.

Our corporate advisory team offers access to a broad financial and industrial network and unparalleled transaction experience. We provide financing to corporates through our superior Nordic and international distribution platform, and we are optimally structured for naturally matching trading flows, delivering best execution for clients.

The group employ approx. 250 staff working from the Nordic offices in Norway, Sweden and Denmark and in the offices in the key international markets US, UK and Germany. 


Analysts
Mads Thinggaard

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