Kreditbanken A/S (Copenhagen (Nasdaq OMX Group): KRE)


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Business Description
Kreditbanken A/S (the Bank) is a Denmark-based regional bank. The Bank is active through branches in Aabenraa, Soenderborg and Haderslev, covering the area of southeast Jutland. The Bank is engaged in the provision of financial and banking services and products within the domestic market to its customers. Its operations are focused on three principal customer groups: corporate, private, and children and young clients. For corporate customers it offers services, such as leasing, payments and money transfers in Denmark and abroad, payment of wages, payment of tax and holiday pay calculation, among others. For private customers the Bank offers car finance, mortgage, insurance, as well as loan and pension services. For children and young customers the Bank offers savings accounts. The Bank also operates an online banking facility, NetBank.A/S