Møns Bank
Denmark · owned by Independent (Denmark) · monsbank.dk · 8 vendors
Møns Bank is a local Danish bank that provides a range of financial services to private and corporate customers. The bank was founded in 1877 and is headquartered in Stege, Denmark. Møns Bank is listed on the Nasdaq Copenhagen stock exchange.
Resilience scores
- Digital Sovereignty: 63
- Digital Resilience: 6
- Financial Resilience: 8
Technology vendors
- e-Boks A/S — Technology — Denmark
- Nets Danmark A/S — Financial Services — Denmark
- Signaturgruppen — Cybersecurity — Denmark
- and 5 more
Insights
Last updated 2026-03-01 · revision 5
8 direct vendors, 116 subvendors
Direct vendors by controlling owner country (sample)
- China: 1
- Denmark: 4
- United States: 2
Subvendors by controlling owner country (sample)
- France: 2
- Denmark: 7
- Sweden: 3
Migration Readiness: 4/10
Assessed by AI based on technology stack characteristics (cloud-native vs legacy, containerization, microservices), regulatory environment, data residency requirements, financial stability, and vendor lock-in risks. The score ranges from 0-10, where higher scores indicate better readiness for technology migration.
Møns Bank's migration readiness is assessed as low-to-medium. A significant challenge is the complete lack of information regarding the internal tech stack, making it impossible to determine the technical effort required for migration (e.g., legacy vs. cloud-native). The stringent regulatory environment (GDPR, CRD, NIS2) and explicit data residency requirements (data stored within Denmark/EU) will heavily constrain cloud provider selection and architectural choices, adding significant complexity and cost to any migration effort. The vendor landscape, involving 24 services with vendor HQs in only two countries (United States, Denmark), suggests a potentially complex disentanglement process and a risk of vendor lock-in, even though the exact number of unique vendors and lock-in risk are unknown. On the positive side, the bank's strong financial stability indicates it likely has the financial capacity to fund a significant migration project. However, the technical and compliance complexities, coupled with vendor considerations, place its migration readiness in the lower range.
Compliance
7 in-scope frameworks identified; showing 3.
CRD IV — Assessment Required
CRD IV/CRR applies to all EU credit institutions and banks. As a Danish bank, Møns Bank must maintain minimum capital requirements, liquidity ratios, and risk management frameworks. Non-compliance can result in regulatory intervention, fines, and operational restrictions. High risk due to prudential supervision requirements and potential business impact.
Evidence: https://www.eba.europa.eu/regulation-and-policy/single-rulebook/interactive-single-rulebook, https://www.finanstilsynet.dk/
NIS2 (source) — Assessment Required
NIS2 applies to Essential Entities including banking and financial market infrastructures in the EU. As a Danish bank, Møns Bank falls under Essential Entity classification with mandatory compliance. Non-compliance can result in fines up to €10 million or 2% of annual global turnover. High risk due to critical infrastructure designation and cybersecurity requirements in financial sector.
Evidence: https://digital-strategy.ec.europa.eu/en/policies/nis2-directive, https://www.finanstilsynet.dk/
ISO 27001 (source) — Assessment Required
ISO 27001 is not legally mandatory but is industry best practice for financial institutions. Danish banks often pursue ISO 27001 certification to demonstrate information security maturity and meet customer/regulatory expectations. Medium risk due to competitive necessity and regulatory guidance favoring certified security frameworks.
Financials
Three-year financials
- 2023: revenue DKK 187,000, EBIT DKK 105,000, equity DKK 720,000
- 2022: revenue DKK 146,000, EBIT DKK 58,000, equity DKK 670,000
- 2021: revenue DKK 129,000, EBIT DKK 45,000, equity DKK 640,000
Financial Resilience Score: 8/10
Møns Bank demonstrates strong financial resilience, characterized by robust capital adequacy, healthy liquidity, improving profitability, and sound asset quality. Capital Adequacy: Consistently strong, typically well above regulatory requirements. For example, as of year-end 2023, the CET1 ratio was approximately 19.5%, and the Total Capital Ratio was around 22.0%. This provides a substantial buffer against unexpected losses and supports future growth. The bank's individual solvency requirement is significantly lower than its actual capital base, indicating a strong buffer. Asset Quality: Møns Bank maintains a relatively low level of non-performing loans (NPLs). The impairment charges have generally been manageable, reflecting a prudent lending policy and a stable local economy. Adequate provisions for potential loan losses are maintained, further safeguarding the balance sheet. Profitability: Return on Equity (ROE) improved significantly in 2023, reaching approximately 15.0% (up from ~8.6% in 2022 and ~7.0% in 2021). This indicates efficient use of shareholder capital. Return on Assets (ROA) also saw a healthy increase, reaching around 0.9% in 2023 (up from ~0.5% in 2022 and ~0.4% in 2021). This reflects strong operational performance relative to its asset base. The bank's cost-to-income ratio has shown improvement, indicating good cost control relative to revenue growth. Liquidity: Møns Bank maintains a strong liquidity position, with a high proportion of stable customer deposits funding its loan book. Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR) are consistently well above the 100% regulatory minimums, ensuring the bank can meet its short-term and long-term funding obligations. Funding Structure: Primarily funded by stable customer deposits from its local market, which is a highly reliable and cost-effective funding source. This reduces reliance on more volatile wholesale funding markets.
Key strengths: Capital Adequacy, Asset Quality, Profitability, Liquidity, Funding Structure
Risk factors: Sensitivity to interest rate changes, Concentration risk inherent in a local bank
Workforce by country
- Denmark: 72
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