Spar Nord Bank

Spar Nord Bank is a Danish retail bank that was founded in 1824 in Aalborg, Denmark. Originally known as Aalborg Sparekasse, the bank was one of the first savings banks in Denmark, with a focus on serving the needs of small savers and local communities.

Over the years, Spar Nord Bank expanded its operations and services, growing into a full-service bank that offers a range of financial products and services to individuals, businesses, and public institutions throughout Denmark. Today, the bank has more than 50 branches across the country and employs over 1,200 people. In terms of total assets, it is the seventh-largest in Denmark, as in 2022, it had total assets of DKK 123,936 million (approximately USD 18 million). Across all consumer categories, Spar Nord enjoys a solid reputation and excellent levels of customer satisfaction. In 2022, it hit the highest net profit ever before with a profit after tax was DKK 1,417 million in 2022, against DKK 1,368 million in 2021. Spar Nord was recognized as the bank among the six main banks in Denmark with the happiest business customers for the sixth year running (according to Aalund 2022).

Overall, Spar Nord Bank has a long and rich history in Denmark, with a reputation for customer service, community engagement, and financial stability. The bank is committed to continuing to evolve and innovate to meet the changing needs of its customers and communities.

Founded: 1824

Headquarters: Skelagervej 15 PO Box 162 Aalborg, Denmark

Website: https://sparnord.dk/