BankNordik, one of two major banks in the Faroe Islands, has been ranked second last in a survey for Denmark’s Best Bank, behind only Nordea, reports finans.dk.
The customer satisfaction survey, run by management consulting company Voxmeter, interviewed over 39.000 DK consumers to help find the best and worst financial providers in Denmark.
Customer satisfaction was measured on a 3.000-point scale, and BankNordik scored 785 points, while Nordea scored 781 points.
Ringkjøbing Landbobank received the highest score (2547 points), Arbejdernes Landsbank came second (2320 points), while Jyske Bank received the third highest score (1876 points).
BankNordik, which has a couple of branches abroad – in Denmark and in Greenland -, was previously known as Føroya Banki (The Faroese Bank, originally founded in 1906), but after acquiring assets abroad, a new name was chosen to reflect its new market reach. It is one of the two full-service banking firms in the Faroe Islands.
The bank’s services cover 40% of the market share in the Faroe Islands.