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History

Grønlandsbanken - The whole of Greenland's bank

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Grønlandsbanken was established in 1967 with a clear mission: to create a bank that benefits all of Greenland – from the largest cities to the smallest settlements.

Much has happened since we first opened the doors to Grønlandsbanken. In 1985, we began to expand along the west coast with branches in Ilulissat, Sisimiut, Qaqortoq, and later Maniitsoq and Aasiaat. In 1997, we merged with Nuna Bank, which became part of the Grønlandsbanken.

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We are constantly looking for new opportunities to benefit Greenland. Since 2010, we have collaborated with KNI on a modern banking system that enables withdrawals and payments with payment cards even in the smallest villages. This means that we reach areas where there are no branches and make a real difference for people throughout Greenland.

 

The following owns more than 5 % of the bank's share capital:

NALIK Ventures A/S Nuuk 15.26 %  

NunaFonden Nuuk 13.98 %  

AP Pension Life Insurance Company Copenhagen 12.87 %  

BETRI P/F Thorshavn 9.88 %  

LB Insurance Copenhagen 6.33 %  

Kim B. Pedersen Snevre 5.00 %