Apart from this, the bank is also likely to eliminate 3,000 jobs to curb operational costs and boost profitability, as reported by the Bloomberg.

The latest measures follow the announcement of third quarter 2012 financial results report, whereby it posted net income of DKK1.31bn ($227m), compared to a loss of DKK384m ($66.71m) during the same period of 2011.

The share sell will be executed through an accelerated book building process to meet the capital target, the bank said.

The bank said in a statement, "The group’s focus on streamlining operations, closing branches, improving and automating customer service, as well as changed customer behaviour, will lead to a headcount reduction of 2,000 in the period 2013-15."

Serving approximately 5 million customers, Danske offers retail banking, asset management, investing, pensions, mortgage finance, insurance, real estate agency and leasing services.