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Saxo Bank Privat

Saxo Bank Privat review explained by professional forex trading experts, All you need to know about Saxo Bank Private Banking, For more information about Saxo Bank Denmark Forex broker you can also visit Saxo Bank review by ForexSQ.com currency trading website, The Top Forex Brokers ratings fx brokers website and the Fxstay.com online investing company and get all information you need to know about SaxoBank Capital Markets ltd.

Saxo Bank Privat

On 17 September 2010, Saxo Bank announced plans to invest DKK 59 million in Brorup Sparekasse; a small Danish savings bank founded in 1897 with seven branches, which was renamed to Saxo Privatbank offering core banking services in Denmark. The bank also said that it intended to offer at least DKK 150 million more in capital contribution when the terms for transforming the Brorup Sparekasse into a joint-stock company were fulfilled. Brorup Sparekasse ran into difficulties in 2008 and 2009, primarily due to failed speculation in unlisted bonds, which led to 2009 negative revenue of DKK 74 million before tax. Saxo Bank later announced that the terms for transforming Brorup Sparekasse into a joint-stock company were fulfilled with Saxo Bank as the largest shareholder owning 98,6%

Today, Saxo Privatbank has brances in the Danish cities Brørup, Esbjerg, Fredericia, Hellerup, Kolding, Odense, Vejle and Århus.

Saxo Bank Privat Conclusion

By this Saxo Bank Privat review now you know what is Saxo Bank Privat, For latest online invetments or forex brokers news visit www.ForexSQ.com fx trading website each day.