Saxo Bank said that newly opened branch will align its efforts with the specific wishes and needs of the clients and targets its offers towards clients who have their finances under control.

Allan Kandrup will become head of the newly opened Saxo Privatbank branch in Copenhagen.

Saxo Bank head of banking Christian Kofoed Jakobsen said that Saxo Privatbank offers flexibility and freedom to its clients, and at the same time the bank is able to provide well-known banking products like net banking and credit cards.

"One of our strengths is that if a retail banking client needs special attention, we can give them access to expert advice from our advisors who assist senior clients. Our banking products are shaped and targeted in a way that will offer clients most value," Jakobsen said.