Three Danish Banks Unite to Form Major Financial Player in Denmark

Sydbank, Arbejdernes Landsbank, and Vestjysk Bank A/S have merged to form AL Sydbank A/S, positioning themselves as one of Denmarks largest banks.

• The merger between Sydbank, Arbejdernes Landsbank, and Vestjysk Bank A/S will create one of the five largest banks in Denmark under the new brand AL Sydbank A/S.
• Shareholders are set to vote on the merger during extraordinary general meetings scheduled for December 2-4, 2025, as recommended by all three banks boards.
• The merged entity, AL Sydbank A/S, will maintain its headquarters in Aabenraa, Denmark, further consolidating the financial landscape in the region.