Sparbanken Syd

 (3.7; 3 ratings)
3.7 3

Business Focus

regional retail banking

Sparbanken Syd is a local savings bank, providing a broad range of retail banking products and services to the local municipality residends: private individuals, companies, organizations and associations. The range of products offered by Sparbanken Syd includes current accounts, payment cards, savings accounts, funds, pension plans, consumer loans, car loans and mortgage loans.

Bank Category

Savings banks

Services

retail banking

Clients

private individuals
companies
associations
organizations

Area Served

local municipality

Products

current accounts
credit cards
debit cards
savings accounts
time deposit accounts
pension plans
funds
consumer loans
car loans
mortgage loans

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

See Also

Financials

Total Assets of Sparbanken Syd
Total Assets (2019)
10,625.00 mln SEK  (-0.08%)
Number of Employees (2019)
128  (-0.78%)

Sparbanken Syd is the 38th largest bank in Sweden in terms of total assets. In 2019 its total assets were 10 625,00 mln SEK. Sparbanken Syd had 128 employees in 2019.

Credit Ratings

Fitch: -
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: A3
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

Sparbanken Syd is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is A3 (upper medium grade).

Deposit Guarantee

Guarantee Fund
Swedish National Debt Office (SNDO)Swedish National Debt Office (SNDO)
Protected Amount
up to 950,000 SEK
Eligible Depositors
private individuals
legal entities
Covered Accounts
deposits in all types of accounts

Sparbanken Syd participates in the deposit guarantee scheme of Sweden. This deposit guarantee scheme applies to deposits in all types of accounts made by private individuals, legal entities and covers up to up to 950,000 SEK per bank per depositor. Sparbanken Syd is a member of Swedish National Debt Office (SNDO) and makes its contributions into it.

Contacts

Hamngatan 2, 271 43, Ystad, Sweden
Box 252
0411-82 20 00

Sparbanken Syd is located in Ystad.

Bank Identifiers

BIC (SWIFT)
SPSDSE23XXX
LEI
549300FRBP5L0O1HY885
Company Number
548000-7425
MFI ID
SE5480007425

Bank Supervision

Supervised By
Financial Supervisory Authority

Sparbanken Syd is authorized and supervised by the Financial Supervisory Authority.

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See Also

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