Who is Saxo owned by?

The combination of these three major shareholders creates a robust ownership base that supports Saxo Bank's ongoing growth and expansion. The strategic alliances fostered through these ownership ties enable Saxo Bank to navigate the dynamic financial landscape with confidence and agility.

Saxo Bank operates as a privately held entity, with a unique ownership structure that reflects a blend of international and local interests. At the helm of this structure stands Zhejiang Geely Holding Group Co., Ltd, a prominent Chinese automotive company, through its subsidiary Geely Financials Denmark A/S. This subsidiary holds a significant 49.88% stake in Saxo Bank.

Alongside Geely's substantial investment, the founder and CEO of Saxo Bank, Kim Fournais, maintains a substantial ownership position. Specifically, Mr. Fournais owns 28.09% of the company, highlighting his continued commitment to and influence within the organization.

The ownership structure of Saxo Bank further diversifies with the inclusion of Sampo Group, a notable player in the financial services sector. Sampo Group holds a 19.83% stake in Saxo Bank, contributing to the bank's robust financial backing and global reach.

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