Amagerbanken was establshed in 1903. During the financial crisis 2007-2010 the bank was badly exposed to property market loans and filed for bankruptcyin February 2011. Amagerbanken was then sold to BankNordik.
In 2011, Amagerbanken A/S achieved the position of 25th largest bank in Denmark with a market share of 0.17%; its total assets dropped by 53.15%.
Additionally, the bank became the 13th profitable bank in relation to its total assets showcasing 0.61% return on assets and 31.26% return on equity in 2011.
Deposits up to 100,000 EUR are covered by Danish deposit guarantee scheme in Amagerbanken A/S.
In 2012 total assets of Amagerbanken A/S were 5 038,69 mln DKK. In 2012 the bank's net income was 114,79 mln DKK.
Amagerbanken A/S participates in the deposit guarantee scheme of Denmark which applies to cash deposits made by natural persons, legal entities and covers up to up to 100,000 EUR per bank per depositor. Amagerbanken A/S is a member of Finansiel Stabilitet and makes its contributions into it.
Amagerbanken A/S was headquartered in København S.
Amagerbanken A/S was authorized and supervised by the Danish Financial Supervisory Authority.