Investing Solutions

In Danske Bank we can offer solutions that make it easy, simple and manageable to invest, whether you want to manage your investments or prefer to let our experts invest for you.

What can we do for you?

Call us at 1636 or contact your manager.
Let us know your needs, together we will find best solution.
Order execution phone number +370 5 215 6186.

 

Wide scope of investing solutions

Shares

A share is a security that represents a small part of a company. Shareholders may be eligible for dividends and may participate in shareholder meetings.

Danske Bank undertakes trade in stocks of Lithuanian and foreign issuers.


 

 

Bonds

Bonds are effectively loans given to companies or governments, on which they regularly pay interest, and return according to mutual agreement. Bonds are commonly referred to as fixed-income securities.

You can purchase bonds of the Gorvernmemnt of the Republic of Lithuania as well as foreing government or corporate bonds.

Exchange Traded Funds

 

Funds that are traded on stock exchange. This can be a valuable component for any investor's portfolio and provide the investor with a benchmark return at minimal cost.

 

 

Complex Tailor-made Solutions

We also have investment products that do not target ordinary customers.

Whatever your needs, we do have resources and expertise to help you: personal advisory services, collective investing options and online trading facilities. Simply let us know your needs.

Investor Advice

  • How do I start investing?
    1. Visit the nearest customer service branch to sign an investment services provision agreement.
    2. Contact our investment advisors who will familiarise you with the rules and procedure for provision of investment services and service fees.
    3. Open your securities account.
    4. Bank advisor will provide you with advice on investment in securities.
    5. Our specialist will recommend the investment method most suitable to you.
    6. We will act as an intermediary during the purchase and sale of securities in most global markets.
  • Opening of Securities Account

    Due to new requirements of European Union law (Regulation No. 909/2014 on improving the settlement of securities in the European Union and CSDs), investors are able to keep securities belonging to them in an owner securities account opened in the investor’s name at the central securities depository or in the omnibus account opened in the name of the intermediary (Danske Bank) at the central securities depository.

    Below is a description of the types of securities accounts.

    Owner account   

    An owner account is registered in the name of customer and is used for holding of securities for a single customer of the bank. Assets held in owner accounts are protected on the highest level in case of the bank’s insolvency as the securities on the account belong to the customer and shall not be included in the bankruptcy estate of the bank, nor shall the claims of the creditors of the bank be satisfied on account of such assets.As the owner accounts are registered in the name of the customer, information about beneficial ownership is more transparent and accurate.

    Information of the investors of registered securities is directly available for issuers. Access to up-to-date information of end investors is helpful for the issuers in regard to their investor relations activities, general meetings and voting.

    In Danske Bank customers can open owner accounts in Nasdaq CSD for Lithuanian and Latvian securities.

    For safekeeping and transaction fees, there is no difference between owner and omnibus account opened in Nasdaq CSD. For further information, please find information from our pricelist.

    Omnibus account

    Omnibus account is registered in the name of the bank and is used for holding of securities of a single customer or multiple customers of the bank (i.e. excluding bank’s own holdings). For omnibus account an internal register of beneficial owners is held by bank.With omnibus account, information of the investors is not directly available for issuers and the customer is not able to exercise its rights and obligations as an owner of securities personally. Issuers may ask the bank to disclose information about end investors. This is needed for example before general meetings or corporate actions.Assets held in omnibus account are protected in case of the bank’s insolvency as the ownership over the assets as well as assets acquired on account of such assets, held on omnibus account belong to the respective customers and shall not be included in the bankruptcy estate of the bank, nor shall the claims of the creditors of the bank be satisfied on account of such assets. Deriving from different insolvency legislation in some jurisdictions, transferring the assets to another service provider, disposing of the securities or exercising other rights might be restricted.

    Opening and closing of Danske Bank’s internal securities account is free of charge.

    For safekeeping and transaction fees, there is no difference between owner and omnibus account opened in Nasdaq CSD. For further information, please find information from our pricelist.

  • Lei code

    LEI (Legal Entity Identifier) is used globally to identify legal entities. It is a combination of 20 numbers and letters.

    How to obtain an LEI?

    • Choose an LEI provider. See section below.
    • Register your details on the provider's website.
    • Pay the charge for registration. The charge appears on the website of each individual LEI provider.
    • The LEI provider approves your details.
    • Please provide Danske Bank with your new LEI by sending it by email marketslt@danskebank.lt.
    • Renew your LEI every year.

    Requesting a LEI is subject to a fee (approx. USD 120 or €100) and it can take up to a couple of weeks.

    Overview of LEI providers

    See a list of all LEI providers here.

    There are no authorised issuers in Lithuania at present. As such, you will need to apply via the website of an issuer stated above by setting up a user profile and submitting the required data.

     

    Frequently asked questions

    What is an LEI?

    LEI is short for Legal Entity Identifier and is a number that allows unique identification of investors across the EU. Everyone with a legal entity, such as a business with a CVR no., a sole proprietorship, an association or a foundation, must have an LEI from 2018 to be able to trade in securities or derivatives.

    Why is an LEI necessary to be able to trade?

    When it is possible to identify everyone trading in securities or derivatives in the EU, it is easier to monitor the market and prevent manipulation etc., and this makes the investment market more secure. If your business, association or foundation does not obtain an LEI by 3 January 2018 at the latest, it will no longer be possible for you to invest yourself or have Danske Bank invest on behalf of your business, association or foundation.

    What happens if I do not buy an LEI by 3 January 2018 at the latest?

    If you do not buy an LEI by 3 January 2018 at the latest, you may no longer trade in securities or derivatives.

    Where do I buy an LEI and what does it cost?

    It is easy to buy an LEI from any authorised provider, such as NordLEI at nordlei.org. An LEI costs about USD 120; EUR 100. Once you have bought the LEI, you must remember to renew it every year.

    How does Danske Bank get my LEI? 

    Please provide Danske Bank with your new LEI by sending it by email marketslt@danskebank.lt.

    I already have an LEI for my business. Do I need to do anything?

    No, you do not need to do anything. Just remember to renew your LEI every year.

  • Systematic Internaliser

    Going forward, Danske Bank will continuously communicate our SI status on this webpage.

    Systematic Internalisers (SIs) are investment firms that on a frequent, systematic and substantial basis execute client orders on own account, outside of trading venues.

    The SI regime comes into force 3 January 2018. From this date, investment firms can choose to become an SI in a given financial instrument or group of financial instruments.

    As of 1 September 2018, investment firms will be mandatorily classified as an SI in those financial instruments which they have traded frequently, systematically and substantially. The SI status will be evaluated continuously in terms of business needs and regulatory requirements.

    Danske Bank as SI
    Danske Bank will ‘opt in’ as Systematic Internaliser, starting 3 January 2018 under the MIC code ‘DASI’. By doing so, we will have certain obligations to provide quotes to clients and make these quotes public. We will also handle post trade publication to help clients navigate through the new transparency regimes. 

    We will serve customers as SI in ToTV instruments in the below asset categories:

    • Nordic Equities
    • Bonds
    • Fixed income derivatives
    • FX instruments

    See details in attached document.

    How does Danske Bank handle pre and post trade publication?
    Danske Bank will use an Approved Publication Arrangement (APA) for pre and post trade publication. For pre trade publication, we will use BATS for equity and Trax for non-equity. For post trade publication, we will use Nasdaq and Trax.

    Access to Danske Bank SI quotes you can find under links bellow:


  • Policy for social responsibility

    The Danske Bank Group has introduced a new policy for Socially Responsible Investments – SRI. The policy is to ensure that the Group does not invest customers’ assets in companies that violate internationally recognised standards for human rights, arms, working conditions, environment and anti-corruption.

    The policy applies to the Group’s own products, where the Group manages investments on behalf of customers.

    “We have decided to introduce the SRI policy to make sure that customers can feel comfortable in placing their investments with the Group,” says Niels-Ulrik Mousten, Senior Executive Vice President, Danske Capital.

    The decision to introduce an SRI policy is closely coupled with the Group’s conviction that appropriate behaviour is a precondition for long-term value creation in a company. “Therefore, the SRI policy does not conflict with the Group’s objective of generating the best possible returns for our customers,” says Niels-Ulrik Mousten.

    Dialogue with companies

    The Swedish company Ethix SRI Advisors monitors whether the portfolio companies meet the required standards.

    If a company is accused of involvement in a sustained and severe violation of the guidelines, Ethix will investigate the accusations. Through the entire process Ethix seeks a dialogue with the company and other relevant parties. The dialogue entails an opportunity to hear the companies’ own description of the case and investigate whether the company is taking initiatives to stop the violation and thus prevent any reoccurrence.

    Within the Danske Bank Group an SRI Board has been established. Its members are the CEO’s of Danske Capital, Danica Pension and Danske Invest together with representatives from Corporate Responsibility and the Group’s SRI function. The SRI Board receives the results of Ethix’ analyses and decides whether the securities from a given company are to be excluded or whether the dialogue with the company is to be continued.

    “The dialogue is to clarify whether the company is planning to change its behaviour in respect of the case in question. Depending on the outcome of the dialogue, we decide whether we will sell or retain the investments in the company,” says Niels-Ulrik Mousten.

    Read more about the SRI policy on www.danskebank.com/responsibility

System of insurance of deposits and liabilities to investors

  • System of insurance of deposits and liabilities to investors

    All deposits and assets intended for purchasing financial instruments and held at Danske Bank A/S Latvia Branch are subject to compulsory insurance in The Guarantee Fund for Depositors and Investors (Danish Kingdom).


  • What is the Guarantee Fund for Depositors and Investors?
    The Guarantee Fund for Depositors and Investors (hereinafter – the fund) means the body established by the act of Parliament of the Kingdom of Denmark. Within certain limits, the fund reimburses losses incurred by clients of Danish banks, mortgage banks or investment companies, where a bank, a mortgage bank or an investment company is subject to compulsorily dissolution. This protection also applies to all clients of Danske Bank A/S Lithuania Branch (hereinafter – the bank) (private individuals and legal entities).
  • How much is reimbursed by the fund?
    Funds
    The fund can pay compensation of up to EUR 100,000 for deposits or funds in the client's bank account in any currency.

    Securities
    The fund also compensates the loss incurred by an investor if the investor's securities managed, or administered by the bank, or held in an investor securities account are not returned by the bank. The amount of compensation is EUR 20,000 per investor.
  • How is the compensation calculated?
    Funds
    The amount of loans and other financial obligations to the bank is deducted from the total sum of cash deposits held by the client at the bank and the balance held in his/her bank accounts. The client is paid a positive balance of funds up to EUR 100,000.

    Securities
    Generally, suspension of the bank's payments or compulsorily dissolution has no effect on securities, because even in such cases investors usually recover their securities.
    However, sometimes, securities cannot be returned to the investor. In such cases, the fund reimburses the loss because securities were not recovered in the amount of up to EUR 20,000 per investor less any debts to the bank. However, the compensation cannot exceed the market value of outstanding securities.
  • How can I apply for compensation?
    Not later than five business days after commencement of reconstruction or bankruptcy proceedings, the Guarantee Fund will send you a statement of your total balance together with guidelines on how to proceed (the guidelines will also be available at the fund's website).

    When you have received the statement, your new bank will help you file a claim with the Guarantee Fund. The Guarantee Fund will pay the deposits to your new bank within seven business days.

    You can contact the Guarantee Fund at this address:

    Garantiformuen (Danish Deposit Guarantee Scheme)
    Sankt Annæ Plads 13, 2. tv.
    DK-1250 København K
    Tel. (+45) 33 14 62 45
    E-mail: gii@gii.dk
    Home page: www.gii.dk

    If you have not received the payment within seven business days, we recommend that you contact the Guarantee Fund as you may need to observe a deadline for claiming payment.
  • Additional information about the Danish Deposit Guarantee Scheme
    Garantiformuen (Danish Deposit Guarantee Scheme)
    Sankt Annæ Plads 13, 2. tv.
    DK-1250 København K
    Tel. (+45) 33 14 62 45
    E-mail: gii@gii.dk
    Home page: www.gii.dk

    Danish Act that regulates guaranteeing of deposits and securities

    An English translation of the Danish Act that regulates the guaranteeing of deposits and securities can be found on the website of the Danish Financial Supervisory Authority that can be accessed at www.finanstilsynet.dk or www.dfsa.dk.

Disclosure

The value of financial instruments may increase as well as decrease. You assume all risks related to investing in financial instruments. Investing in financial instruments may be profitable as well as unprofitable, so you may not get any financial benefits or even loose a part or whole invested amount. Past performance is not a reliable guide to future performance. Financial instruments in foreign markets are also affected by currency fluctuations, which may determine the value of them either positively or negatively. This information does not constitute investment advice, an offer or a solicitation of an offer to buy, sell, swap or hold a specific financial instrument. Before investing in a specific financial instrument, we recommend that you familiarise yourself with the prospectus, key investor information document and rules, which you can find at www.danskeinvest.lt.

Any information on the website about investing in financial instruments is promotional information. The information is not intended for distribution to, or use by, any person in any jurisdiction or country where such distribution or use would be unlawful and, specifically, are not intended for distribution to, or use by, any "US Person” within the meaning of the United States Securities Act of 1933, as amended and the United States Securities Exchange Act of 1934, as amended.

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