Betri Banki

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  Betri Banki P / F
Country FaroeseFaroe Islands Faroe Islands
Seat Tórshavn
legal form Partafeløg
BIC EIKBFOTFXXX
founding August 24, 1832
Website www. Betri.fo
Business data 2012
Total assets 8,184.5 million DKK
Employee 206
Offices 9
management
Board Stjórn / Executive Board:
Súni Schwartz Jacobsen (CEO)
Supervisory board Nevnd / Board of Directors:
Torben Nielsen (Chairman)
Gunnar í Liða (Deputy Chairman)

Betri Banki P / F ("Betri Bank AG") or Betri for short ( Faroese for "better") is the oldest and largest bank in the Faroe Islands .

It was founded on August 24, 1832 as a savings bank under the Danish name Færø Amts Sparekasse . 1963-2006 it was called Føroya Sparikassi ("Savings Bank of the Faroe Islands") and then until 2017 Eik Banki ( Faroese for "oak"). The Danish subsidiary Eik Bank Danmark A / S , or Eik.dk for short , has been one of the 15 largest banks in Denmark since May 29, 2007 .

Former logo as Eik Banki

history

Magistrate Friedrich Ferdinand Tillisch, founder of the first Faroese bank.

The Faroese Sparkasse was founded by the Danish governor of the Faroe Islands, Fritz Tillisch, as the islands' first financial institution. In 1831 he wrote a letter to the office in Copenhagen, requesting permission to set up a savings bank. Since the postal connection was very poor at the time, the reply was not received until the summer of 1832, in which the office approved the project. Perhaps Tillisch benefited from the fact that the head of the law firm was his maternal uncle.

The Faroe Islands Savings Bank was to be the only bank in the Faroe Islands for 74 years until Føroya Banki was founded in 1906 . For the first few years, the savings bank was housed in the governor's office and later in the national library of the Faroe Islands .

It was not until January 1905 that the Sparkasse got its own building in the heart of Tórshavn in Sverrisgøta. The stone building cost 20,978.59 crowns at that time.

It was only in 1956 opened a branch in Vestmanna , 1969 in Runavík , 1970 in Gøta , Skali , Fuglafjørður , Strendur , Miðvágur and Sørvágur , 1971 in Kollafjørður , Eiði , Skopun , Sandur , Skálavík , Tvøroyri and Hvalba , 1973 in Norðskáli , 1980 in Húsavík , 1981 two further branches in Tórshavn and 2006 finally in Klaksvík . The latter was in competition with the Norðoya Sparikassi , the savings bank on the northern islands of the Faroe Islands.

In 1965 the subsidiary P / F Elektron was founded to take care of the bank's IT .

On December 19, 2006, the Faroe Islands' Sparkasse was renamed Eik . The oak had been the Sparkasse's logo since 1957 (like all Sparkassen in the Kingdom of Denmark), but the name “Føroya Sparikassi” is said to have been too complicated in international traffic. So the bank was named after its logo, the oak. On March 21, 2017, the name was changed to Betri .

Expansion to Denmark

In January 2001 the representation of the Kaupthing Bank opened in Copenhagen. 75% of them belonged to Kaupthing itself, and 25% to the then Føroya Sparikassi. On 1 January 2005, Kaupthing subsidiary has acquired 100% of Føroya Sparikassi and received the Danish name Eik Bank Danmark A / S . The bank has had its headquarters at Nørre Farimagsgade 15 since May 2005.

On May 29, 2007 it became known that Eik had bought the largest Danish internet bank Skandiabanken from the Swedish multi-company Skandia . Eik thus suddenly became one of the largest banks in Denmark and entered the business with private customers for the first time.

On July 11, 2007, the company went public in Reykjavík and Copenhagen .

Web links

Individual evidence

  1. Entry in the BIC directory at SWIFT
  2. Annual report 2012 (Faroese / English, PDF, 1.8 MB)
  3. Skifta stjórar í TF Samtakinum í dag (Faroese), March 21, 2017. Accessed January 31, 2018.
  4. Politiken : Skandiabank i Danmark på færøske hænder ( Memento of September 26, 2007 in the Internet Archive ) (SkandiaBank in Denmark in Faroese hands), May 29, 2007
  5. portal.fo: Eik Banki á børsin kl. 11.00 ("Eik Banki on the stock exchange at 11.00"), July 11, 2007

Coordinates: 62 ° 0 ′ 31.3 "  N , 6 ° 45 ′ 39"  W.