AL Sydbank AS - Company Profile
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AL Sydbank AS, formerly Sydbank AS (SB) is a banking and other financial solutions provider. The bank engages in providing deposit and loan products, payment services, securities trading, and asset management. SB offers leasing solutions through Sydbank Leasing, which includes assets like rolling stock, cars, and construction equipment. The bank serves a diverse clientele, including investment funds, pooled pension plans, foundations, institutional clients, and retail customers. SB collaborates with business partners to offer mortgage credit, pensions, and insurance products. The bank operates through a network of branches and digital platforms, such as advisory online, to reach its customers. SB is headquartered in Aabenraa, Denmark.
AL Sydbank AS premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Accounts | International Directory: |
| Cards | Markets: |
| Loans | Equities |
| 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 | Regulatory Approval | In December, the company secured approval from the Danish Competition and Consumer Authority to merge with Aktieselskabet Arbejdernes Landsbank and Vestjysk Bank A/S. |
| 2024 | Acquisitions/Mergers/Takeovers | In July, the bank completed the acquisition of Coop Bank A/S. |
| 2024 | Contracts/Agreements | In May, the company entered into an agreement to acquire Coop Bank A/S. |
Competitor Comparison
| Key Parameters | AL Sydbank AS | Danske Bank AS | Jyske Bank A/S | Spar Nord Bank AS | Arbejdernes Landsbank A/S |
|---|---|---|---|---|---|
| Headquarters | Denmark | Denmark | Denmark | Denmark | Denmark |
| City | Aabenraa | Copenhagen | Silkeborg | Aalborg | Copenhagen |
| No. of Employees | 2,094 | 21,306 | 3,817 | 1,750 | 1,864 |
| Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Ellen Trane Norby | Chairwoman | Executive Board | 2023 | 46 |
| Mark Luscombe | Chief Executive Officer | Senior Management | 2024 | 57 |
| Claus Jensen | Vice Chairman | Executive Board | 2025 | - |
| Claus Braad Hansen | Head - Odense Region | Senior Management | - | - |
| Bente Skylvad | Head - Sonderborg Region | Senior Management | - | - |
| 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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