Spar Nord Bank is one of the most venerable and respected banking institutions in the country of Denmark. The operation has its headquarters based in the North Jutland region of Denmark and traces its history back to the calendar year of 1824 when it was established in the town of Aalborg. The bank has seen impressive growth over the last decade as it has opened up offices outside of Denmark’s Northern Jutland area. Spar Nord Bank also holds the prestigious distinction of being the Jutland region’s first financial institution that was ever established. The bank offers full-service in the area of commercial banking. Spar Nord Bank has a customer base in excess of 300 thousand and operates a total of eighty-eight locations with some 1300-plus employees serving the customer base. The bank is a privately held entity.
The banking business at Spar Nord Bank is divided into seventy-one different departments that deal with a number of banking sectors. The bank focuses on areas of banking such as corporate services, financial market services and trade as well as operating a division with an international focus.
It was during the 2001 calendar year that Spar Nord Bank really made some massive efforts in the area of expansion. The bank started a program of growth that was focused on expanding beyond its local area of North Jutland. In the past, the bank had placed its focus on private and business customers of this area, but 2001 marked major efforts on the part of Spar Nord Bank to cease being dependent on this long geographic area and to build a larger customer base from a geographical area standpoint. One of the primary missions that the team at Spar Nord Bank has undertaken is a goal to become Denmarks most respected and attractive banking institutions. This was a major motivating factor behind the major efforts at the growth that were undertaken during the first decade of the 2000s. The final goal is the establish a position as a nationwide banking operation that continues to hold onto is core values based on service that has driven the bank’s success over the course of its existence.
Some of the most important services that are offered to the customers of Denmark by Spar Nord Bank include deposits and guarantees as well as advances. These services are provided to the business and retail sectors of Denmark as well as to the public sector within the country. Leasing products are also a service provides by Spar Nord Bank as are services in the area of asset management, forex, bonds and equities. Spar Nord Bank also assists its customer base with international transactions and offers a number of financing services to consumers through retail operations. These outstanding professional services have all been instrumental in helping Spar Nord Bank to develop its reputation of excellence among the citizens of Denmark.