single source . relevant discussion may be found on the talk page . please help improve this article by introducing citations to additional sources . august 2015 sydbank a s type publicly traded aktieselskab nasdaq copenhagen sydb industry financial services founded 1970 headquarters aabenraa denmark key people anders thoustrup chairman karen fr sig ceo products retail commercial and private banking revenue dkk 4.594 billion 2010 1 profit dkk 411 million 2010 1 total assets dkk 150.84 billion end 2010 1 total equity dkk 9.554 billion end 2010 1 number of employees 2 280 fte end 2010 1 website www.sydbank.com sydbank a s is one of denmark s largest full service banks headquartered in aabenraa . sydbank was founded in 1970 with the merger of four local banks based in southern jutland den nordslesvigske folkebank aabenraa ; graasten bank gr sten ; folkebanken for als og sundeved s nderborg and t nder landmandsbank t nder . it has since then grown considerably through mergers and acquisitions one of the latest being diskontobanken diba bank of n stved which was delisted on the copenhagen stock exchange as of 15 january 2014 . citation needed contents 1 history 1.1 1970s 1.2 1980s 1.3 1990s 1.4 after 2000 2 sydbankfonden 3 references 4 external links history edit this section does not cite any sources . please help improve this section by adding citations to reliable sources . unsourced material may be challenged and removed . august 2015 learn how and when to remove this template message 1970s edit sydbank s head office through the early 1970s sydbank had only 50 branches all in south jutland until 1976 when it opened its first branch across the konge river in fredericia . 1980s edit sydbank s branch in flensburg germany in 1980 sydbank grew greatly . in 1983 sydbank opened an office at kongens nytorv in copenhagen and merged with the aarhus bank . in 1984 it engaged in another merger with fuen bank and co established bank with a branch in flensburg and subsidiary sbk finance . in 1985 came a branch in hamburg . 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 . in 1988 it purchased sydbank community bank branches in copenhagen and the following year bought sydbank dmk holding . the bank ended the decade with a market share of just two percent 70 branches and 1 400 employees . 1990s edit sydbank merged in 1990 with sparekassen south jutland . it acquired varde bank in early 1994 including 30 west jutland departments . in may 1994 it bought sydbank active bank and 40 east jutland offices from topdanmark . after 2000 edit since 2000 sydbank has become a thriving growing robust and high earning bank that has offices in almost all parts of denmark . sydbank acquired odense bank egnsbank funen in 2002 and began to open branches in central jutland and sealand . it opened the subsidiary sydbank schweiz ag in st. gallen switzerland in 2002 . in 2007 it sold sydbank dmk holding to ebh bank and opened offices in kiel . in 2008 the company purchased trelleborg bank headquartered in slagelse . sydbank is now one of denmark s largest full service banks based in southern jutland and headquartered in aabenraa . the bank has a market share in the sector around seven percent approximately 2 600 employees and 115 branches including three in germany . the executive director since 1982 carsten andersen . the board is in addition to carsten andersen karen froze preben lund hansen and allan n rholm . the sydbank board consists of president kresten philipsen vice chairman donald thoustrup otto christensen peder damgaard peter gaemelke hanni toosbuy kasprzak sven rose meyer paulsen per olesen elected by employees jan uldahl jensen elected by employees margaret weber elected by the employees and harry max friedrichsen elected by employees . sydbankfonden edit sydbank founded sydbankfonden in 2002 which annually awards millions of dollars to charitable cultural and popular applications . among others poured sydbankfonden in 2008 bronze sculpture myth inspired by myth about christian ii who according missing a finger created a groove in a board during captivity in s nderborg castle castle to s nderborg municipality . references edit a b c d e annual report 2010 pdf . sydbank . retrieved 16 february 2011 . external links edit official website v t e omx copenhagen 20 companies of denmark march 2016 a.p. m ller m rsk carlsberg chr . hansen coloplast danske bank dsv flsmidth & co. genmab gn store nord iss jyske bank nordea novo nordisk novozymes pandora tdc tryg vestas wind systems william demant retrieved from https en.wikipedia.org w index.php title sydbank & oldid 709220898 categories banks of denmarkcompanies based in aabenraa municipalitycompanies established in 1970hidden categories articles needing additional references from august 2015all articles needing additional referencesuse dmy dates from 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