For further information on our present funding situation or to receive the current funding targets, please contact the Treasury department
history
Move pointer over the year marking on the timeline to see the historic events.
1958
Established November 27th 1958. The purpose of FIH is to provide medium to long term capital for Danish Industries. FIH is established on the initiative of the Danish Central Bank, domestic banks, insurance companies and industry confederations.
Established November 27th 1958. The purpose of FIH is to provide medium to long term capital for Danish Industries. FIH is established on the initiative of the Danish Central Bank, domestic banks, insurance companies and industry confederations.
1961
First domestic bond issue (maturity 8 years)
First domestic bond issue (maturity 8 years)
1973
First agreement on administration of public lending schemes (on behalf of the Danish Ministry of Trade and Industry)
First agreement on administration of public lending schemes (on behalf of the Danish Ministry of Trade and Industry)
1988
Initial Public Offering of FIH.
Share Capital of nominal DKK 170.5m
1989
FIH Credit Rated by Moodys
First ECP Programme of USD
200m established.
FIH moves to the premises at
La Cours Vej, Frederiksberg
FIH Credit Rated by Moodys
First ECP Programme of USD
200m established.
FIH moves to the premises at
La Cours Vej, Frederiksberg
1992
First EMTN Programme of USD 1,000m established.
1993
Administration of the Production loan scheme established. Under this public scheme the Danish Ministry of Trade and Finance deposits subordinated debt of DKK 400m which will be repaid in 2004.
Administration of the Production loan scheme established. Under this public scheme the Danish Ministry of Trade and Finance deposits subordinated debt of DKK 400m which will be repaid in 2004.
1996
"FIH Leasing og Finans A/S" is established.
Ownership part in "Udviklingsselskabet Argo A/S".
"FIH Leasing og Finans A/S" is established.
Ownership part in "Udviklingsselskabet Argo A/S".
1999
Moody's changes Long Term Rating from 'Aa3' to 'A1'.
Take-over attempt from "Kapital Holding". The attempt fails but results in "FI Holding A/S" purchasing FIH.
"FI Holding A/S" established. Swedbank is the majority owner with 60 per cent.
Moody's changes Long Term Rating from 'Aa3' to 'A1'.
Take-over attempt from "Kapital Holding". The attempt fails but results in "FI Holding A/S" purchasing FIH.
"FI Holding A/S" established. Swedbank is the majority owner with 60 per cent.
2000
ECP Programme of EUR 2,000m established (November 30th 2000).
Shares de-listed on the Copenhagen Stock Exchange.
ECP Programme of EUR 2,000m established (November 30th 2000).
Shares de-listed on the Copenhagen Stock Exchange.
2001
EMTN Programme increased to support EUR 8,000m.
FIH starts building a new domicile. The premises on La Cours Vej are sold.
EMTN Programme increased to support EUR 8,000m.
FIH starts building a new domicile. The premises on La Cours Vej are sold.
2003
November 2003 "BRFkredit" and FIH forms a business co-operation working together. FIH sells BRF Mortgages to our Corporate Clients taking advantage of both size and economies of scale of "BRFkredit".
November 2003 "BRFkredit" and FIH forms a business co-operation working together. FIH sells BRF Mortgages to our Corporate Clients taking advantage of both size and economies of scale of "BRFkredit".
2004
January: Swedbank "evaluates strategic alternatives regarding the stake in FIH"
June: "Kaupthing Bank" announced as buyer of 100% of "FI-Holding" for a net price of EUR 950 million
September 29th: Kaupthing/ FIH acquisition approved by the Icelandic and Danish FSA
December: "LD Pensions" and FIH enters into a strategic alliance
January: Swedbank "evaluates strategic alternatives regarding the stake in FIH"
June: "Kaupthing Bank" announced as buyer of 100% of "FI-Holding" for a net price of EUR 950 million
September 29th: Kaupthing/ FIH acquisition approved by the Icelandic and Danish FSA
December: "LD Pensions" and FIH enters into a strategic alliance
2005
January: IFRS accounting implemented. The summarized effect is equity revalued with approx. EUR 11 million. February: Sales Branch with 4 employees established in Malmö, Sweden.
January: IFRS accounting implemented. The summarized effect is equity revalued with approx. EUR 11 million. February: Sales Branch with 4 employees established in Malmö, Sweden.
| 1958 | 1961 | 1973 | 1988 | 1989 | 1992 | 1993 | 1996 | 1999 | 2000 | 2001 | 2003 | 2004 | 2005 |