The BANK of Greenland (Danish: GrønlandsBANKEN) is one of two commercial banks in Greenland, listed on the Copenhagen Stock Exchange as GRLA,[4] with 2,700 shareholders in 2017.
[7] Operations started in Nuuk on 1 July 1967, while local branches in Ilulissat, Sisimiut, and Qaqortoq followed in 1985, and in Maniitsoq in 1989.
[7] Later, the BankNordik, which has its headquarters on the Faroe Islands, established itself as a competitor with an office in Nuuk, Greenland (BankNordik also has offices in the Faroe Islands).
The Bank of Greenland provides commercial services, as well as products and services for private customers such as loans, specialized and automated deposits, and property trading and administration.
[7] The Romanian Banca Transilvania offered in the beginning of 2018 DKK 1.14 Billion for the Bank of Greenland.