Sydjysk Sparekasse

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Sydjysk Sparekasse Logo

Address

Frøsvej 1, 6630, Rødding, Denmark

BIC

FROSDK21XXX

Overview

Category

Savings banks

Business Focus

regional retail banking

Sydjysk Sparekasse is a savings bank providing a wide range ofsavings products and loans to private individuals and corporate customers.

Performance

In 2023, Sydjysk Sparekasse achieved the position of 26th largest bank in Denmark with a market share of 0.15%; its total assets grew by 38.01%.

Additionally, the bank became the 34th profitable bank in relation to its total assets showcasing 1.40% return on assets and 12.36% return on equity in 2023.

Deposit Protection

Deposits up to 100,000 EUR are covered by Danish deposit guarantee scheme in Sydjysk Sparekasse.

Services

retail banking
business banking

Products

current accounts
payment cards
deposit accounts
consumer loans
business loans

Card Providers

MasterCardVisa

See Also

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits
SEPA Direct Debits B2B

See Also

Ways to Bank

Sydjysk Sparekasse delivers its products and services through both direct and indirect channels, namely:
branch branch
online banking online banking

Financials

Total Assets of Sydjysk Sparekasse
Net_income of Sydjysk Sparekasse
Market Share of Sydjysk Sparekasse
Total Assets (2023)
12,699.97 mln DKK   (+38.01%)
Net Income (2023)
153.42 mln DKK   (+99.32%)

Sydjysk Sparekasse is the 26th largest bank in Denmark in terms of total assets. In 2023 its total assets were 12 699,97 mln DKK, providing the bank with the market share of 0.15%. Sydjysk Sparekasse is the 6th largest savings bank in Denmark (out of 19 savings banks) having market share of 5.85% amongst the banks of this category. In 2023 the bank's net income was 153,42 mln DKK.

Deposit Guarantee

Guarantee Fund
Finansiel Stabilitet
Protected Amount
up to 100,000 EUR
Eligible Depositors
natural persons
legal entities
Covered Accounts
cash deposits

Sydjysk Sparekasse participates in the deposit guarantee scheme of Denmark which applies to cash deposits made by natural persons, legal entities and covers up to up to 100,000 EUR per bank per depositor. Sydjysk Sparekasse is a member of Finansiel Stabilitet and makes its contributions into it.

See Also

Contacts

addressFrøsvej 1, 6630, Rødding, Denmark
phone74997499

Sydjysk Sparekasse is located in Rødding.

Bank Identifiers

BIC (SWIFT)
FROSDK21XXX
LEI
2138007JGI1M5YF7FJ53
Company Number
67051815
MFI ID
DK67051815

Bank Supervision

Supervised By
Danish Financial Supervisory Authority
Reference Number
9740

Sydjysk Sparekasse is authorized and supervised by the Danish Financial Supervisory Authority (reference number 9740).

Bank History

Previous Name
Frøs Herreds Sparekasse
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