Responsible lending

Lending to our retail and corporate customers
When granting loans, we begin a long-term commitment with customers. This means that we always make a careful evaluation to gain an understanding of a personal or business customer's financial situation. It is in both the customer's and our interest that we grant credit only when the customer can manage the obligation. We offer loans that are appropriate to their needs and financial capacity, and we make sure that they understand their financial obligations. In some cases, responsible lending also means that we must refrain from extending loans to customers.

We place an emphasis on exercising expertise in credit assessments and providing customers with high-quality advice

Assessing environmental, social and governance risk
We conduct our lending activities in accordance with international principles promoting and safeguarding environment, human rights, labour rights and anti-corruption. Since the effects of our business on the environment and society extend beyond our own activities, we also consider the purpose for which our lending products are used. We endeavour to reach an understanding with customers so that they also conduct their business in accordance with these principles. This is why we assess possible environmental, social and governance (ESG) risks associated with lending to business customers. Our position statements explain how we work with specific industries and areas with elevated ESG risks. We will continue to review and improve our efforts in this area in order to meet our customers’ and stakeholders’ needs as well as possible.

Position statements

  • 02. jan 2016Danske Bank Position Statement Mining and metals
  • 04. apr 2016Danske Bank Position Statement Fossil Fuels
  • 02. jan 2016Danske Bank Position Statement Foresty
  • 02. jan 2016Danske Bank Position Statement Climate Change
  • 02. feb 2016Danske Bank Position Statement Arms and defence 2016
  • 06. feb 2017Statement of Modern Slavery 2016

Our approach

At Danske Bank, we integrate responsibility in our core business, work with partners and stakeholders, and report on our progress regularly.
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Responsible investment

We take environmental and climate considerations into account when we invest on behalf of our customers. For example, we recently launched the European Corporate Sustainable Bond Fund.
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Customer relationships

Advising, lending and investing are fundamental banking activities. It is important that all our customers can rely on our integrity and that our relationships are built on trust.
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