User:Nicklarzn/Sparekassen Vendsyssel

Sparekassen Vendsyssel is a danish savings bank with approx. 700 employees and 43 branches in in North Jutland, Central Jutland and Copenhagen. Sparekassen Vendsyssel is a established as a traditional danish "garantsparekasse" (English: guarantor savings bank) and it is the largest of its type in Denmark - based on primary earnings, guarantor capital and the number of guarantors.

As a "garantsparekasse" the bank is owned by its "guarantors", who are customers, who has chosen to deposit capital as supplement the bank's equity.

Sparekassen can be dated back to 6. february 1871, where "Sparekassen for Vrå og Em sogne" (English: Savings Bank of Vrå and Em Parishes) was established. Later on, the name was changed to "Vrå Sparekasse". In 2001 the bank merged with "Jelstrup Lyngby Sparekasse", creating "Sparekassen Vendsyssel".

Through the years, several other banks have merged into Sparekassen Vendsyssel. Most recently in 2019, where it merged with Dronninglund Sparekasse.

Vagn Hansen has been the CEO of Sparekassen Vendsyssel since 1997. He has succeded in developing the small rural savings bank, into one of the 16 largest banks in Denmark through a combination of mergers and organic growth.

In 2019 Sparekassen Vendsyssel had a turnover of DKK 606 mill. (€ 84.34 mill.) before taxes.