The Danish Financial Supervisory Authority has completed its annual 2026 designation of systemically important financial institutions, or SIFIs, in Denmark, the Faroe Islands and Greenland. In Denmark, seven institutions or groups were designated: Danske Bank A/S, Nykredit Realkredit A/S, Jyske Bank A/S, AL Sydbank A/S, Nordea Kredit Realkreditaktieselskab, DLR Kredit A/S and Saxo Bank A/S. The change from 2025 is the addition of AL Sydbank A/S following the merger of Sydbank A/S, Aktieselskabet Arbejdernes Landsbank and Vestjysk Bank A/S, with the merged entity placed in category 2. The systemic importance calculations that underpin SIFI buffer capital requirements place Danske Bank in category 5 with a score of 4,626 basis points, Nykredit Realkredit in category 3 with 1,820, Jyske Bank and AL Sydbank in category 2 with 888 and 418, and Nordea Kredit Realkreditaktieselskab, DLR Kredit and Saxo Bank in category 1 with 290, 158 and 148. Danske Bank, Nykredit Realkredit, Jyske Bank and AL Sydbank were designated on a consolidated basis, while Nordea Kredit Realkreditaktieselskab, DLR Kredit and Saxo Bank were designated on an individual basis. The Danish SIFI buffer requirement must be met with Common Equity Tier 1 capital. In the Faroe Islands, Føroya Banki and Betri Banki P/F remain designated as SIFIs and both fall in category 3, corresponding to a 2.0 percent SIFI buffer requirement. In Greenland, Grønlandsbanken remains the sole SIFI, with a systemic importance score of 8.8 that places it in category 2 and corresponds to a 1.5 percent SIFI buffer requirement. Those buffer requirements must also be met with Common Equity Tier 1 capital.
Danish Finanstilsynet2026-06-25
Danish Financial Supervisory Authority finalizes 2026 SIFI designations across Denmark the Faroe Islands and Greenland with AL Sydbank placed in category 2
The Danish Financial Supervisory Authority has completed its 2026 SIFI designations for Denmark, the Faroe Islands and Greenland. Denmark has seven designated SIFIs, with AL Sydbank A/S newly included after the merger of Sydbank, Arbejdernes Landsbank and Vestjysk Bank and placed in category 2. The designations determine higher CET1 buffer requirements, with Danske Bank remaining the highest-ranked Danish SIFI in category 5.