Ringkjøbing Landbobank

Denmark · www.landbobanken.dk · 20 vendors

Ringkjøbing Landbobank A/S is a Danish regional and niche bank providing a comprehensive range of banking products and services to private and corporate customers throughout Denmark. These services include retail and commercial banking, mortgage loans, investments, pension funds, and private banking, with a focus on central and western Jutland and specific niches nationwide.

Resilience scores

Disruption prediction

Ringkjøbing Landbobank has an estimated 10% probability of disruption in the next 6 months.

6 of Ringkjøbing Landbobank's 20 vendors monitored for disruptions.

Technology vendors

Services catalogue

2 services in catalogue across 2 categories; runs on 20 sub-vendors.

Insights

Last updated 2026-03-01 · revision 6

20 direct vendors, 240 subvendors

Direct vendors by controlling owner country (sample)

Subvendors by controlling owner country (sample)

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.

Ringkjøbing Landbobank demonstrates medium-low migration readiness. The primary challenge is its reliance on the SDC (Scandinavian Data Center) core banking platform, which is shared among Danish regional banks. Migrating off such a shared, potentially legacy, core system is a highly complex, costly, and time-consuming undertaking, representing significant vendor lock-in and requiring extensive coordination. The bank's internal tech stack also includes traditional infrastructure like Windows Server and SQL Server, indicating a need for substantial modernization to achieve a cloud-native state. With 59 services, managing numerous vendor contracts, integrations, and dependencies would add considerable complexity to any migration effort. As a financial institution in Denmark, it operates under a strict regulatory environment, which will impose stringent compliance requirements (e.g., data security, operational resilience) during migration. Data residency requirements are 'Not specified' but are likely strict, potentially limiting cloud provider choices. On the positive side, the bank's existing use of Microsoft Azure demonstrates some familiarity and capability with cloud technologies. The adoption of Open Banking/PSD2 APIs suggests a move towards modularity and API-driven architecture, which can facilitate the migration of specific services. The bank's apparent financial stability suggests it has the capacity to fund a strategic migration initiative, should it choose to undertake one.

Compliance

7 in-scope frameworks identified; showing 3.

ISO 27001 (source) — Assessment Required

ISO 27001 is highly recommended for financial institutions to demonstrate information security management capabilities. While not legally mandatory, it's often required by regulators, clients, and business partners. Non-implementation could impact business relationships and regulatory standing.

SOC 2 (source) — Assessment Required

While not mandatory, SOC2 compliance may be required for digital banking services, cloud service usage, or when serving US clients. The risk is moderate as it's primarily a trust and assurance framework rather than a legal requirement.

NIS2 (source) — Assessment Required

Banking institutions in the EU are classified as Essential Entities under NIS2 Directive. Non-compliance can result in significant fines (up to €10 million or 2% of annual turnover) and operational restrictions. The directive requires robust cybersecurity measures, incident reporting, and risk management frameworks.

Financials

Three-year financials

Financial Resilience Score: 9/10

Ringkjøbing Landbobank consistently demonstrates excellent financial resilience, underpinned by strong capitalisation, robust asset quality, and sound liquidity management. Capitalisation: The bank maintains very strong capital ratios, significantly above regulatory requirements. CET1 Ratio (Common Equity Tier 1): Typically reported well above 17-18% (e.g., ~18.5% as of end-2022), which is substantially higher than the minimum regulatory requirements and the average for Danish banks. This provides a substantial buffer against unexpected losses. Total Capital Ratio: Also very strong, often exceeding 20% (e.g., ~21.5% as of end-2022). Asset Quality: The bank exhibits high asset quality with a low level of non-performing loans (NPLs). NPL Ratio: Historically very low, often below 1% (e.g., ~0.5% as of end-2022), indicating prudent lending practices and a healthy loan book. Loan Loss Provisions: The bank maintains adequate provisions for potential credit losses, which have historically been low due to the strong asset quality. Profitability: Consistent and strong profitability (as shown in the 3-year data) allows the bank to generate capital internally, further enhancing its resilience and ability to absorb shocks. Return on Equity (ROE) is typically high, often exceeding 15% (e.g., ~16% in 2022). Liquidity: Ringkjøbing Landbobank maintains a strong liquidity position, with liquidity coverage ratios (LCR) and net stable funding ratios (NSFR) well above regulatory minimums. This ensures the bank can meet its short-term and long-term funding obligations even under stressed conditions. Diversification: While geographically concentrated, the bank's income streams are reasonably diversified between net interest income and fee income, reducing reliance on a single source. The bank's conservative risk appetite, strong capital buffers, and high asset quality position it very well to withstand economic downturns and navigate challenging market conditions.

Key strengths: Strong Capitalisation, Robust Asset Quality, Sound Liquidity Management, Consistent Profitability, Diversified Income Streams

Risk factors: Geographic Concentration

Revenue by geography

Revenue by product/service

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