Although its roots date back more than a century Sydbank was first established in 1970 through a merger of four local banks in Southern Jutland. In the 1980s the Bank began expanding its domestic branch network outside Southern Jutland.
In 2002 Sydbank acquired Egnsbank Fyn and instantly gained a considerable market share of customers in the Odense area. In 2003 Sydbank established its subsidiary bank, Sydbank (Schweiz) AG, in Switzerland – an expansion of the Bank's concept of Private Banking. And in 2008 Sydbank acquired bankTrelleorg which made it possible for the Bank to enlarge the physical distribution network in the parts of Denmark where the Bank has not had a presence.
Sydbank is and will continue to be an independent Danish all-round bank - deeply rooted in terms of customers and shareholders - for the benefit of all their stakeholders: customers, local communities, shareholders and employees. The Bank aims to service customer needs and requirements - in a competent, reliable, obliging and competitive manner.
Sydbank's organizational philosophy is dictated by customer needs and their ongoing aim to streamline administrative procedures. Consequently knowledgeable, committed, flexible and productive employees are the Bank's most valuable resource and competitive parameter.
Sydbank is the fourth largest bank in Denmark. The Bank's geographical core areas are the counties of Soenderjylland, Ribe and Vejle, in addition to Aarhus and the South of Funen. Outside these core areas Sydbank is represented in Copenhagen and in other major Danish cities as well as in Germany.
By combining the local bank's closeness, flexibility and involvement with efficient and cost-saving operations, Sydbank is committed to further expanding its market position.
Sydbank offers personal advice and service in more than 100 branches and a wide range of e-banking solutions to both corporate clients and retail customers. Their product range includes all banking and pension scheme products as well as access to mortgage credit and insurance.
Sydbank aims to be a money-making and sound institution with financial results matching their shareholders' long-term return expectations.