Investments
5Partners & Customers
4About Spar Nord
Spar Nord Bank was established in 1824 as the first financial institution in Jutland. Since 1990 the Bank has been listed on the Copenhagen Stock Exchange. Today the Bank is a full-service commercial bank with 88 local banks throughout the country - with our base in North Jutland.
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Latest Spar Nord News
Sep 19, 2023
Share buybacks in Spar Nord Bank – transactions in week 37 September 19, 2023 at 02:39 am EDT Share In company announcement no. 8 2023, Spar Nord announced a share buyback programme of up to DKK 300 million. The share buyback was initiated on 13 February 2023. The purpose of the share buyback is to reduce the bank’s share capital by the shares acquired under the programme, and the programme is executed pursuant to Regulation (EU) No 596/2014 of 16 April 2014 (“Market Abuse Regulation”). In week 37 the following transactions were made under the share buyback programme. 230,200,886 Following the above transactions, Spar Nord holds a total of 2,135,945 treasury shares, equal to 1,77 % of the Bank’s share capital. Please direct any questions regarding this release to Rune Brandt Børglum,Head of Investor Relations, on tel. + 45 9634 4236 Rune Brandt Børglum Share CI MT CI CI MT Spar Nord Bank A/S is a Denmark-based bank focused on household customers, and small and medium-sized enterprises. It operates within two business segments. The Spar Nord's Local Banks segment serves retail and business customers, as well as large corporate and high-net-worth individuals through 90 local banks. It offers loans and credits, credit and debit cards, saving products, non-life and life insurance and pension funds, among others. The Trading, Financial Markets & the International segment includes divisions such as Markets, Shares, Asset Management and Bonds, Interest & Forex, and the International. The activities are focused on forex and securities, including hedging and transaction management, as well as export and import. The Company has five direct subsidiaries. In June 2014, it completed the transaction to acquire a customer portfolio from FIH Erhvervsbank A/S. Sector
Spar Nord Investments
5 Investments
Spar Nord has made 5 investments. Their latest investment was in Danske Andelskassers Bank as part of their Corporate Minority - P2P on September 9, 2018.
Spar Nord Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
9/26/2018 | Corporate Minority - P2P | Danske Andelskassers Bank | $37.16M | Yes | 1 | |
4/13/2018 | Unattributed | |||||
2/6/2017 | Seed VC | |||||
11/29/2016 | Unattributed | |||||
9/30/2015 | Unattributed |
Date | 9/26/2018 | 4/13/2018 | 2/6/2017 | 11/29/2016 | 9/30/2015 |
|---|---|---|---|---|---|
Round | Corporate Minority - P2P | Unattributed | Seed VC | Unattributed | Unattributed |
Company | Danske Andelskassers Bank | ||||
Amount | $37.16M | ||||
New? | Yes | ||||
Co-Investors | |||||
Sources | 1 |
Spar Nord Acquisitions
1 Acquisition
Spar Nord acquired 1 company. Their latest acquisition was BankNordik - Danish Business on December 22, 2020.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
12/22/2020 | Acquired Unit | 1 |
Date | 12/22/2020 |
|---|---|
Investment Stage | |
Companies | |
Valuation | |
Total Funding | |
Note | Acquired Unit |
Sources | 1 |
Spar Nord Partners & Customers
4 Partners and customers
Spar Nord has 4 strategic partners and customers. Spar Nord recently partnered with Subaio on December 12, 2019.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
12/18/2019 | Partner | Denmark | 1 | ||
11/27/2018 | Vendor | ||||
10/10/2014 | Vendor | ||||
1/1/2007 | Vendor |
Date | 12/18/2019 | 11/27/2018 | 10/10/2014 | 1/1/2007 |
|---|---|---|---|---|
Type | Partner | Vendor | Vendor | Vendor |
Business Partner | ||||
Country | Denmark | |||
News Snippet | ||||
Sources | 1 |
Spar Nord Team
1 Team Member
Spar Nord has 1 team member, including current Senior Vice President, Poul Erik Christensen.
Name | Work History | Title | Status |
|---|---|---|---|
Poul Erik Christensen | Senior Vice President | Current |
Name | Poul Erik Christensen |
|---|---|
Work History | |
Title | Senior Vice President |
Status | Current |
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