Sydbank is a nationwide, full-service corporate and advisory bank building on relationships between people. We find solutions where they are – quickly and efficiently. This is the basis of the day-to-day work at Sydbank, which has grown through mergers and acquisitions into one of Denmark’s largest banks.
Sydbank has a solid financial foundation that offers room for more business with new customers as well as existing customers. Our growth will be built on a firm and sound footing. Sydbank wishes to remain a bank operating on its own terms and we aim to be the preferred business partner. We focus on our own products but use business partners for a wide variety of financial services, for instance mortgage credit, pensions, and insurance.
As an advisory and service undertaking Sydbank’s primary objective is to meet the financial requirements of its customers. Sydbank achieves this objective by striving to be among the absolute top performers in Denmark in terms of operating a bank and providing advisory services to customers based on their unique situation.
Sydbank’s fundamental values
Excellence and relationships create value
Customer relationships are guided by the Bank’s service philosophy ‘What can we do for you?’ and the Bank acts in accordance with the value statement: ‘Excellence and relationships create value’.
We believe that the combination of excellent employees and good relationships creates value for customers – and therefore also for the Bank.
Excellence
- We take responsibility for being excellent
- We make a virtue of knowing customers’ stories and needs
- Our initiatives create happy and satisfied customers
- We are proud of our profession and our contribution
Relationships
- We are committed and tell it as it is
- To us a relationship means giving and advising
- We believe in a long and honest relationship with our customers
- Teamwork is a recipe for success
Value
- We interact with care and respect
- We believe that human decency makes for better business
- We are resourceful and capable of making decisions
- Our efforts are focused on creating better results for customers and for the Bank
Profile
- One of Denmark's largest banks
- Publicly listed, full-service bank
- 60 branches including 3 in Germany
- 2,100 employees
- 6-12% market share - depending on customer segment
Participation & Memberships
- SWIFT
- TARGET
- STEP2 XCT and SCT
- Joined the Credeuro/ICP Convention
- CLS
- The national clearing system DKK/EUR
- The OMX group (Copenhagen, Stockholm, Helsinki), Oslo Stock Exchange
- ISDA
- ISMA
Products & Services
- Cash Letter Service
- Entry point for payments on Denmark via STEP2 or any other channel
- Low Value/Mass Payments send and receive MT102 FIN
- send and receive MT103/REC/EURO
- Send and receive Priority Payments
- International Cash Management send and receive MT101 + MT940
- Trade Finance
- Custody Services
Terms & Conditions
Provides translations of Danish legislation, eg the Consolidated Act on measures to prevent money laundering and financing of terrorism.