Comments on: Problems with Jyske Bank, 76 Main Street, PO Box 143, Gibraltar.

By: Editor

Editor — Sun, 16 Oct 2011 21:42:27 +0000

C Scott, you have had an account there for four months. The article was penned by a guy with a SIX YEAR relationship with Jyske Bank Gibraltar. Who do you suppose has the most experience? Look what happened in the corrupt state of Guernsey with Landsbanki. People lost their cash because of the Icelandic governments corrupt practices and Guernseys ineptitude. Guernsey is no more a safe custodian of your cash than Gibraltar is. The Jyske is the bank that Sovereign (a seller of offshore company packages) across Main Street from them, sends all kinds of dodgy punters to (they even charge an "introduction" fee). Jyske can rip them off with impunity because they wont squeal. If you don't speak Spanish in Jyske Gibraltar, you might as well forget it. Nobody speaks proper English. Nobody takes responsibility for anything. The bank in Denmark will not even reply mail any more concerning this non-branch. Gibraltar banks are known for ineptitude; but rather than be ripped off in Spanish in Jyske, why not walk 100 yards down the street and be badly treated in the Barclays instead? It is as broad as long on the rock. However, the very fact that Jyske are still operating in Gibraltar - with their track record - says enough about Gibraltar than any blog ever could. Caveat Emptor!

By: C Scott

C Scott — Sun, 16 Oct 2011 20:02:03 +0000

Totally disagree with avoiding Jyske bank Gibraltar. This post was made in 2009, I did not see this post when opening an account four months ago, to be honest I tend not to look for reviews on banks, there are millions of customers out there and I dare say they will definitely make a big mistake along the line with one customer. However, I can state they have been fantastic for me. Maybe they were different in 2009, but all I can comment on is the last four months and they have been superb. Everytime I login to Jyske Gibraltar through google I see this post come up on the first page, and I believe in credit where credit’s due, makes mo difference to me if no customers join Jyske, all that means is more attention on me.

By: G Bennett

G Bennett — Sat, 15 Jan 2011 08:06:10 +0000

Also see article in “The Olive Press” free newspaper dated 13-26 January, 2011. The Olive Press had to step in to help a woman “whose Gibraltar bank sent Euros 40000 of her money to a third party in Thailand in error”. The bank is the Jyske Bank. Some of the funds have been repaid but not yet all, apparently.

By: David Arnold

David Arnold — Sun, 12 Sep 2010 14:11:17 +0000

Many thanks. I was considering becoming a customer!
Frightening!.

By: John B

John B — Fri, 21 May 2010 09:20:31 +0000

Mr Anders Dam of A/S Jyske Bank Denmark must be getting upset by the number of enquiries about Jyske Bank Gibraltar Limited, these enquiries can go unanswered or answered without satisfaction.

Jyske Bank Gibraltar is not what it appears to be. It does not have a history dating back more than a hundred as implied by its extensive advertising nor is it under the control of A/S Jyske Bank Denmark (which itself was only formed in 1967). As mentioned before, It is just a subsidiary not a branch (a big commercial difference)

This bank was the product of the purchase in 1987 of Gibraltar´s oldest family run bank, Gallianos Bank (established in 1855). Unfortunately Gallianos´ 130 year track record and reputation seems to have disappeared rapidly. The Gallianos must now be turning in their graves if they knew of all corruption, massive misappropriation of funds, enormous losses for their stockholders, 1.7 million euro fines for refusing to provide information to Spanish Courts in a money laundering case and the disrepect this bank is gaining by the day; and all in its short banking life of just 23 years.

It would be interesting to know why your contributor MC had reason to write to Anders Dam in Denmark.

Jyske Bank have caused enormous hardship and losses to many customers and needs to be exposed for who they really are.

By: MC

MC — Tue, 11 May 2010 17:22:46 +0000

That will explain why Anders Dam never replied with any substance and referred me back to the Jyske in Gibraltar.

By: John B.

John B. — Tue, 11 May 2010 10:28:31 +0000

I agree completely with the ex-customer of Jyske Bank Gibraltar Limited. I have been in conflict with them for many many years. They are ruthless, totally inconsiderate and corrupt. Their criminal history dates back to 1991 when its then managing director Mr Jan Henning Spjlednaes was caught with his hands in the money box – managing (as this director did) to fraudulently misappropriate over 70,000,000 pounds (yes, Seventy Million)of his banks money in massive loans (of course approved by the highest authority within the bank – Mr Spjeldnaes himself) in dubious and corrupt land deals on the Costa del Sol, through a company of his own making – Continental Land and other entities. (see internet Jyske Bank v Spjeldnaes)

Anyone considering becoming a customer of this bank should approach Mr Anders Dam CEO of A/S Jyske Bank, Denmark – he´ll put you straight, if you manage to get a reply. He´ll tell you that Jyske Bank Gibraltar is NOT a branch of A/S Jyske Bank, Denmark – contrary to the implications of its extensive advertising. It is merely a subsidiary (definately not the same as a branch) and is an independent entity governed by the laws of Gibraltar and is regulated under the Financial Services Commission whose mission is to protect the interests of the financial institutions under its control – not those of the public.

This month May 2010 Jyske Bank Gibraltar Limited has been fined 1,700,000 euros by the Spanish Supreme Court (info available on internet or campopulse.blogspot.com) for for failing to comply with legal requirements.

Everything mentioned here is verifiable so future or intending customers be warned – ask the embarrassing questions – its your money afterall !!!

Name withheld for obvious reasons