Spar Nord Bank AS - Company Profile
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Spar Nord Bank AS (SNB), a subsidiary of Nykredit Realkredit A/S, is a provider of banking and other financial solutions. It offers a range of accounts and deposit services, cards, consumer loans, business financing, mortgages, guarantees and leasing, liquidity and risk management, payment services, online banking, international banking, and other general banking solutions. The bank provides insurance for auto, home, building, garden, motorcycle, travel, student, and accident; pension, including retirement pension and installment pension; financial planning; investment products; and portfolio management. It also provides private banking and specialist lending for agriculture and property. The bank serves individuals, businesses, public sector entities, and high-net-worth clients. SNB is headquartered in Aalborg, Denmark.
Headquarters
Denmark
Address
Skelagervej 15, Aalborg, 9100
Website
www.sparnord.dk
Telephone
45 96344000
No of Employees
1,750
Industry
Financial Services
Revenue (2024)
$1.1B
Spar Nord Bank AS premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Accounts: | Digital Banking |
| Pension | Risk Management |
| Loan | Private Banking |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Ownership Changes | In May, the bank was acquired by Nykredit Realkredit A/S, a retail banking company, and began operating as its subsidiary. |
| 2021 | Contracts/Agreements | In December, the bank along with Nykredit, Lollands Bank, Faster Andelskasse, Merkur Andelskasse, Merkur Klimafond, Sparekassen Norre Nebel and JN Data joined forces in an agreement to purchase green electricity from the energy company Better Energy. |
| 2021 | Plans/Strategy | In September, the bank announced its plans to acquire Danske Andelskassers Bank A/S. |
Competitor Comparison
| Key Parameters | Spar Nord Bank AS | Danske Bank AS | Jyske Bank A/S | AL Sydbank AS | Arbejdernes Landsbank A/S |
|---|---|---|---|---|---|
| Headquarters | Denmark | Denmark | Denmark | Denmark | Denmark |
| City | Aalborg | Copenhagen | Silkeborg | Aabenraa | Copenhagen |
| No. of Employees | 1,750 | 21,306 | 3,845 | 2,094 | 1,864 |
| Entity Type | Private | Public | Public | Public | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Martin Kudsk Rasmussen | Managing Director | Senior Management | - | 46 |
| Carsten Levring Jakobsen | Managing Director | Senior Management | - | 54 |
| Michael Rasmussen | Chairman | Executive Board | 2025 | - |
| Anders Jensen | Vice Chairman | Executive Board | 2025 | - |
| Soren Kviesgaard | Managing Director | Senior Management | 2025 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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