Sydbank

It has since then grown considerably through mergers and acquisitions, one of the latest being DiskontoBanken (DiBa Bank) of Næstved, which was delisted on the Copenhagen stock exchange as of 15 January 2014.

In 1987, the company created Sydbank Investment branch Sydinvest and purchased parts of Copenhagen-based 6th July Bank, which had gone into receivership in March of that year.

Sydbank acquired Odense Bank Egnsbank Funen in 2002 and began to open branches in central Jutland and Sealand.

Sydbank is now one of Denmark's largest full-service banks based in Southern Jutland and headquartered in Aabenraa.

Several media report that the resignations follow failed attempts to merge Sydbank to improve profitability and falling stock.

Sydbank founded SydbankFonden in 2002 which annually awards millions to charitable, cultural and popular applications.

Sydbank's head office
Sydbank's branch in Flensburg , Germany