Spar Nord Bank A/S

Spar Nord Bank A / S has three defining values: Active involvement, ambition and down-to-earth approach.

Spar Nord Bank has made the "outside-in" rather the "top-down" management perspective the core of its business model. Spar Nord Bank is composed of local units with a high degree of autonomy in areas such as customer and market cultivation and employee relations. The philosophy behind the business model is that what customers want from the decentralized customer-targeted units governs the work at the central support- and development functions.

Spar Nord was founded in 1824 as a savings bank. Today, the retail banking division comprises 71 branches throughout the country focusing firmly on household customers and SMEs. Spar Nord employs 1,550 people serving 255,000 customers. The bank is owned by 110,000 shareholders.

Spar Nord – a retail bank with focus on the corporate segment

Today, considerable attention is being given to the potential for Danish export to the BRIC countries. The network BRIC Denmark is a forum for professional advisors within different professions aiming to provide Danish businesses with in-depth advice on export opportunities.

In the forum, Spar Nord represents competencies within retail banking targeted at the corporate segment. Among other things, Spar Nord offers financial advice on start-up and expansion of export activities.

Furthermore, Spar Nord has qualified and experienced advisors on foreign trade and trade finance. The bank's professionals have thorough knowledge of the potentials and pitfalls associated with international business and how to mitigate the risks in the best possible way.

Spar Nord Bank cooperates with EKF (Eksport Kredit Fonden) on risk mitigation and provision of collateral on export financing solutions - something that can ultimately protect customers from losses in the event of unforeseen problems with the business transaction.

Contact

Torben Jørn Clemensen
kundechef, erhverv
Spar Nord Storkundeafdeling
Tlf. 76414111
Email tcl@sparnord.dk
Mobil 25270837
Fax 76414101
www.sparnord.dk