Danske Bank loses customers due to Estonia money laundering case — polling firm
16 Aug 2018

Denmark’s largest lender Danske Bank has lost 28,000 private customers this year as public confidence dropped due to allegations its Estonia branch was involved in money laundering between 2007 and 2015, a poll showed on Tuesday.

A Danske Bank spokesman said the bank did not recognise the negative customer development figures as it had registered an increase of around 900 basic accounts in the first half of the year.

Denmark’s state prosecutor said last week it had started a criminal investigation into the bank over the money laundering allegations following a similar step by Estonian authorities.

1.125 million Danes used Danske as their main bank at the end of June, down from 1.153 million at the turn of the year, according to the poll from Voxmeter, which was based on 154,000 responses and has a statistical uncertainty of plus/minus 10,000 people.

– Reuters, 14 August 2018.

Link to Reuters.

Photo: The Lithuanian offices of Danske Bank

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