SYDB on Nasdaq Copenhagen A/S

Sydbank

Logo: Sydbank, Public domain, via Wikimedia Commons3

Danish bank

AL Sydbank A/S is one of Denmark's largest full service banks headquartered in Aabenraa. Sydbank was founded in 1970 with the merger of four local banks based in Southern Jutland: Den Nordslesvigske Folkebank (Aabenraa); Graasten Bank (Gråsten); Folkebanken for Als og Sundeved (Sønderborg) and Tønder Landmandsbank (Tønder).2 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 16, 2026.

Overview

Jul 15, 1970Founded1

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  • TickerSYDB on Nasdaq Copenhagen A/S1
  • Industryfinancial services1
  • HeadquartersAabenraa1
  • Websitewww.sydbank.com
  • Legal formaktieselskab1
Sydbank hovedkontor
Photo: Webmaster, CC BY-SA 3.0, via Wikimedia Commons4

AL Sydbank A/S is one of Denmark's largest full service banks headquartered in Aabenraa. Sydbank was founded in 1970 with the merger of four local banks based in Southern Jutland: Den Nordslesvigske Folkebank (Aabenraa); Graasten Bank (Gråsten); Folkebanken for Als og Sundeved (Sønderborg) and Tønder Landmandsbank (Tønder). It has since then grown considerably through mergers and acquisitions, one of the latest being DiskontoBanken (DiBa Bank) of Næstved, which was delisted on the Copenhagen stock exchange as of 15 January 2014. It has 57 branches including three in Germany. After a merger in December 2025 it is called AL Sydbank. The new merged bank has around 140 branches.2

How it started

1970s

Through the early 1970s, Sydbank had only 50 branches — all in south Jutland — until 1976 when it opened its first branch across the Kongeå River in Fredericia.

1980s

In 1980, Sydbank grew greatly. In 1983, Sydbank opened an office at Kongens Nytorv in Copenhagen and merged with the Aarhus Bank. In 1984, it engaged in another merger with Fuen Bank and Co-established bank with a branch in Flensburg and subsidiary SBK-Finance. In 1985, came a branch in Hamburg.

In 1987, the company created Sydbank Investment branch Sydinvest and purchased parts of Copenhagen-based 6th July Bank, which had gone into receivership in March of that year. In 1988, it purchased Sydbank Community Bank branches in Copenhagen and the following year, bought Sydbank DMK-Holding. The bank ended the decade with a market share of just two percent, 70 branches and 1,400 employees.

1990s

From Wikipedia’s article on Sydbank, shared under CC BY-SA 4.0.2

Leadership

Who has led Sydbank, and when. Pick a name to see everywhere that person has worked.

19801990200020102020

Products and brands

  • retail banking

Listed on Wikidata.1

Subsidiaries and ownership

Subsidiaries

  • Coop Bank

Also owns

From Wikidata.1

Employees over time

  • 20222,0341

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

  • 20225.2B DKK1

Timeline

  1. Jun 1, 2010New chief executive Karen Frøsig becomes CEO1
  2. 1982New chief executive Carsten Andersen becomes CEO1
  3. Jul 15, 1970Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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