With a customer base that exceeds 300 thousand and an employee base of more than 1300 that work at 88 separate locations, Spar Nord Bank has firmly established itself as one of Denmark’s leading banking institutions. The firm was initially established back in 1824 during its initial incarnation and has grown over the years. The bank is based out of the North Jutland region in the community of Aalborg and operated primarily in that region of Denmark for the majority of its history. Since the early 2000s, Spar Nord Bank has embarked on a major campaign of expansion that has seen the bank become one of the fastest growing banking firms in Denmark today.
1990 marked a banner year for the team at Spar Nord Bank. It was during that year that the firm first gained a listing on the Copenhagen Stock Exchange. The firm has continued to see steady growth since that time period. While Spar Nord Bank was still primarily targetting its business operations in its traditional area of operations in 2001, the following year saw the bank begin to diligently work to expand beyond Denmark’s North Jutland area in order to become a nationwide bank that did not rely on a single geographic area for its customer base. This program of expansion was put in place as part of efforts to increase the bank’s success from a standpoint of profitability.
A big part of the expansion of Spar Nord Bank was an effort to become one of the most attractive banking options for the people of Denmark. This is why the bank has engaged on such aggressive campaigns of expansion in an effort to become one of Denmark’s leading bank chains on a national level. The company has seen the opening of numerous locations since this period of time. The bank can now proudly lay claim to being one of the countries largest and most successful banking operations. This success includes the operation of seventy-one separate departments that deal with the different areas of the banking sector that Spar Nord Bank works in. The areas of focus at Spar Nord Bank encompass many of the major sectors of the banking industry and include trade and the financial market as well as providing personal banking services and corporate banking services. Spar Nord Bank is also known for its impressive international division that it operates.
Spar Nord Bank has established a strong reputation for the excellent banking products that it offers to its customers across the country of Denmark. These products include areas such as advances and loans of a deposit nature as well as guarantees and credits in the mortgage area. The areas of bonds and equities, as well as asset management, are also strong parts of the Spar Nord Bank business model. The company also offers forex as well as transactions on an international nature. The full-service nature of the offerings at Spar Nord Bank has helped the firm on its mission to become one of the leading banking institutions in the Danish banking sector.