Danske Mortgage Bank

Danske Mortgage Bank Plc is part of Danske Bank Group, and wholly owned by Danske Bank A/S. Danske Mortgage Bank is engaged in mortgage banking business, where it issues covered bonds under the Finnish legislation.

Corporate Governance

Danske Mortgage Bank's corporate governance complies with the general requirements laid down in Chapter 7, section 1, of the Act on Credit Institutions.
  • Board of Directors

    The composition and working practices of Danske Mortgage Bank Plc’s Board of Directors comply with the requirements laid down in Chapter 7, section 2, of the Act on Credit Institutions.

    The members of Danske Mortgage Bank Plc’s Board of Directors are: Jacob Aarup Andersen (chair), Christoffer Mollenbach, Risto Tornivaara, Anders Norrena, Tomi Dahlberg (external member) and Maisa Hyrkkänen (external member).

  • Management

    Danske Mortgage Bank Plc’s Board members and operating management comply with the integrity and competency requirements laid down in Chapter 7, section 4, of the Act on Credit Institutions.

    Danske Mortgage Bank Plc complies with the requirements of Chapter 7, section 5 of the Act on Credit Institutions regarding the use of time by bank management.

    The management team of Danske Mortgage Bank Plc consists of Pekka Toivonen (managing director), Leena Antila and Laura Sepponen.

  • General meeting
    The owners of the bank use their ownership right in the general meeting of the company.
  • Reporting violations (whistleblowing)

    Danske Mortgage Bank Plc has procedures required in Chapter 7, section 6, of the Act on Credit Institutions, with which bank employees can use an independent channel within the bank to report suspected violations of rules and regulations concerning financial markets. The Board monitors and assesses the effectiveness of these procedures.

Remuneration

Danske Mortgage Bank Plc complies with the general requirements on remuneration systems laid down in Chapter 8, section 3, of the Act on Credit Institutions.

The Board of Danske Mortgage Bank Plc has approved the general principles of the remuneration systems applied in the bank and monitors and assesses their functioning and compliance with them.

Risk management

Risk-taking and the risk management systems of Danske Mortgage Bank Plc meet the requirements of Chapter 9 of the Act on Credit Institutions.

Danske Mortgage Bank Plc has a risk monitoring function, a compliance function and an internal audit function that are independent of the Bank’s business operations.

Contact details

Call our customer service on +358 200 2590 from Monday to Friday 9.00 - 4.00.

Address:
Danske Mortgage Bank
Plc Televisiokatu 1
FI-00075 DANSKE BANK

Business Identity Code: 2825892-7
VAT code: FI28258927

Our operations are supervised by the Finnish Financial Supervisory Authority.

The European Central Bank has granted Danske Mortgage Bank Plc an operating licence on September 29, 2017.