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Bank branches disappearing in Denmark

Lucie Rychla
December 27th, 2016


This article is more than 8 years old.

Many of the remaining do not offer manual cash banking services

There are currently fewer than 1,000 bank branches in Denmark, which is 74 percent less than in the early 1980s, when there were 3,656 branches nationwide, reports Jyllands-Posten.

Many of the remaining branches do not provide manual cash banking services, which means that people often have to travel many kilometres to deposit or withdraw money from their account.

READ MORE: Nordea displaces Danske Bank as the Danish bank with the most dissatisfied customers

Complications for the elderly
For instance, Nordea customers in the south Jutland town of Tønder have to travel almost 80 km to the nearest branch with manual cash service – a trip that costs 142 kroner by public transport and takes nearly 90 minutes.

Nordea contends Danish banks are only following trends in digital banking and argues people can withdraw cash from ATMs or when they shop.

However, Jens Højgaard, the deputy of elderly support group Ældre Sagen, claims that “a quarter of a million people over 65 do not use the internet and thus do not have access to online banking.”

The lack of bank branches with manual cash services represents a problem also for smaller businesses who are legally obligated to accept cash payments, and are thus calling for changes in the law.


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A survey carried out by Megafon for TV2 has found that 71 percent of parents have handed over children to daycare in spite of them being sick.

Moreover, 21 percent of those surveyed admitted to medicating their kids with paracetamol, such as Panodil, before sending them to school.

The FOLA parents’ organisation is shocked by the findings.

“I think it is absolutely crazy. It simply cannot be that a child goes to school sick and plays with lots of other children. Then we are faced with the fact that they will infect the whole institution,” said FOLA chair Signe Nielsen.

Pill pushers
At the Børnehuset daycare institution in Silkeborg a meeting was called where parents were implored not to bring their sick children to school.

At Børnehuset there are fears that parents prefer to pack their kids off with a pill without informing teachers.

“We occasionally have children who that they have had a pill for breakfast,” said headteacher Susanne Bødker. “You might think that it is a Panodil more than a vitamin pill, if it is a child who has just been sick, for example.”

Parents sick and tired
Parents, when confronted, often cite pressure at work as a reason for not being able to stay at home with their children.

Many declare that they simply cannot take another day off, as they are afraid of being fired.

Allan Randrup Thomsen, a professor of virology at KU, has heavily criticised the parents’ actions, describing the current situation as a “vicious circle”.

“It promotes the spread of viruses, and it adds momentum to a cycle where parents are pressured by high levels of sick-leave. If they then choose to send the children to daycare while they are still recovering, they keep the epidemic going in daycares, and this in turn puts a greater burden on the parents.”