Sydbank was founded in 1970 through a merger of four local banks in Southern Jutland. Sydbank is a modern bank that evolves in line with today’s demands. Sydbank operates as a universal bank, providing retail, private and corporate banking products and services.
SYDBANK A/S is the 10th largest bank in Denmark in terms of total assets. In 2019 its total assets were 149,95 bln DKK, providing the bank with the market share of 1.89%. In 2019 the bank's net income was 860,91 mln DKK.
SYDBANK A/S is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is A1 (upper medium grade).
SYDBANK A/S participates in the deposit guarantee scheme of Denmark. This deposit guarantee scheme applies to cash deposits made by natural persons, legal entities and covers up to up to 100,000 EUR per bank per depositor. SYDBANK A/S is a member of Finansiel Stabilitet and makes its contributions into it.
SYDBANK A/S is a member of Sydbank (Denmark).
SYDBANK A/S is headquartered in Aabenraa.
SYDBANK A/S is authorized and supervised by the Danish Financial Supervisory Authority (reference number 8079).