Denmark · Financial institution
Al Sydbank A/S
AL Sydbank A/S is a Danish public limited company with its registered office and head office in Aabenraa. Its shares are listed on Nasdaq Copenhagen. According to its H1 2026 interim report, Fagligt Fælles Forbund holds over 10% of the shares and Dansk Metalarbejderforbund holds over 5%. The bank serves retail, corporate and private banking clients in Denmark and has three branches in Germany. Formerly Sydbank A/S, it absorbed Arbejdernes Landsbank and Vestjysk Bank in a merger completed on 5 December 2025.
Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
European registers
ECB · monetary financial institutions
List as at 2026-09-25
- Category
- Credit institution
- Minimum reserves
- Not on the ECB reserve list
- Listed as
- AL SYDBANK A/S
- RIAD code
- DK12626509
ESMA · MiFID II register
Register as at 2026-09-28
| Entry | Competent authority | Authorised | Services or instruments |
|---|---|---|---|
| Investment services (MiFID II) | Finanstilsynet | 1900-01-01 | A1 A2 A4 |
| Systematic internaliser | Finanstilsynet | 2018-01-02 | BOND DERV ETFS SHRS |
Service codes follow MiFID II Annex I: A for investment services, B for ancillary services. Hover a code for its meaning.
Entries are matched on the LEI. Each register is quoted as its publisher lists it.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- SYBKDK22XXX head office
- Connection to Swift
- Reverse billingThe institution is connected to Swift. Messages sent to it are billed to the institution, not to the sender. The “2” in the eighth character of SYBKDK22 marks reverse billing.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- SCT · SCT Inst · SDD Core · SDD B2B · VOP · T2 · NCT Inst
- Branch codes
- 18 branch codes
- Other BIC with this LEI
- SYBKDE22
- BIC first registered
- 1977-06-20
- Last updated
- 2026-02-25
Overview
Researched 29 Sep 2026 · Sources
Ownership
Publicly listed
Ticker ALSYDB
Institution type
Universal bank
Trades as AL Sydbank
- Standing
- Sydbank A/S merged with Aktieselskabet Arbejdernes Landsbank and Vestjysk Bank A/S on 5 December 2025 and was the continuing entity. It now operates as AL Sydbank A/S under the same CVR number, BIC and LEI.
- Ownership
- The shares are listed on Nasdaq Copenhagen, and according to the H1 2026 interim report Fagligt Fælles Forbund holds over 10% and Dansk Metalarbejderforbund over 5%.
- Major shareholders
- Fagligt Fælles Forbund (3F)
Dansk Metalarbejderforbund - Stock listing
- Nasdaq Copenhagen ALSYDB
- Head office
- Peberlyk 4, 6200 Aabenraa, Denmark
- Company register
- CVR 12626509 (Danish Central Business Register)
- Former name
- Sydbank A/S
Business lines
According to its H1 2026 interim report, the Banking segment produced DKK 5,526 million of DKK 6,106 million total income, and the bank also distributes Totalkredit and DLR Kredit mortgage loans.
Online
- Websites & references
- al-sydbank.dk ↗
sydbank.dk ↗ Danish retail and business customer site (legacy Sydbank brand)
sydbank.com ↗ English-language corporate, investor relations and correspondent banking site
sydbank.de ↗ German branches site (linked from site footer)
al-bank.dk ↗ legacy customer site of the merged Arbejdernes Landsbank
vestjyskbank.dk ↗ legacy customer site of the merged Vestjysk Bank
Wikipedia ↗
Wikidata Q825159 ↗ - Official social accounts
- LinkedIn ↗ · Facebook ↗ · Instagram ↗
Sources · 16 pages consulted
- al-sydbank.dk/om-os/organisation
- sydbank.dk
- sydbank.com/
- al-sydbank.dk/om-os/investor-relations/regnskab
- ml-eu.globenewswire.com/Resource/Download/58fff252-934a-4329-8c41-5f97363c036c
- globenewswire.com/news-release/2026/08/26/3351084/0/en/al-sydbank-maintains-momentum-in-q2.html
- sydbank.com/investor-relations/the-al-sydbank-share
- sydbank.com/about-sydbank/correspondent-banking
- sydbank.com/contact-us/correspondent-banking
- finanstilsynet.dk/tilsyn/inspektion-og-afgoerelser/2026/apr/redegoerelse-om-it-inspektion-i-al-sydbank
- finanstilsynet.dk/tilsyn/inspektion-og-afgoerelser/2026/apr/bevillinger-til-boligfinansiering-i-al-sydbank
- finanstilsynet.dk/tilsyn/inspektion-og-afgoerelser/2025/nov/hvidvaskinspektion-i-sydbank-as
- via.ritzau.dk/announcement/14638490?publisherId=13561167&lang=da
- sydbank.dk/aktuelt/sydbank-er-blevet-til-al-sydbank
- globenewswire.com/news-release/2023/12/07/2792260/0/da/Sydbank-%C3%A6ndrer-sammens%C3%A6tningen-i-direktion
- en.wikipedia.org/wiki/Sydbank
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Mark Luscombe Adm. direktør / CEO
- Chair
- Ellen Trane Nørby Formand (Chair of the Board of Directors)
- Chief financial officer
-
Jørn Adam Møller
CFO
- Executive
- Frank Mortensen Vice CEO
- Executive
-
Stig Westergaard
Bankdirektør (CRO)
Supervisors & regulators
Researched 29 Sep 2026 · Sources
- Denmark
- Danish Financial Supervisory Authority (Finanstilsynet) Prudential supervisorAML supervisorConductResolution
Recent events 3 enforcement or investigation items
Researched 29 Sep 2026 · Sources
-
Enforcement
The Danish FSA issued several orders after an IT inspection found shortcomings in ICT risk, IT continuity, third-party and incident management under DORA.
finanstilsynet.dk ↗ -
Enforcement
The Danish FSA ordered the bank to ensure adequate decision bases for housing finance credit approvals after a thematic inspection of 49 approvals.
finanstilsynet.dk ↗ -
Merger / acquisition
The Danish FSA approved the merger with Arbejdernes Landsbank and Vestjysk Bank, completed on 5 December 2025 with Sydbank as the continuing entity.
sydbank.dk ↗ -
Enforcement
The Danish FSA issued one supervisory reaction on trade finance monitoring after an AML and EU sanctions inspection carried out in May 2025.
finanstilsynet.dk ↗ -
Merger / acquisition
The boards of Sydbank, Arbejdernes Landsbank and Vestjysk Bank agreed on 27 October 2025 to propose a three-way merger to shareholders.
via.ritzau.dk ↗ -
Leadership
The board appointed Mark Luscombe as CEO, succeeding Karen Frøsig, who stepped down on 31 July 2024.
globenewswire.com ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
Identifiers
Head-office record
- BIC
- SYBKDK22XXX
- How the BIC breaks down
- SYBKBank
- DKCountry · Denmark
- 22Location · reverse billing
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- GP5DT10VX1QRQUKVBK64
- LEI record
- View on GLEIF ↗
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Profile
- Type
- Financial institutionClassified as a financial institution in Swift’s ISO 9362 BIC directory, with no licence on a tracked register. This includes banks that neither the ECB nor the FSB lists, as well as brokers, fund managers, insurers and market infrastructure.
- Regulation
- Not on a tracked registerNo licence or registration was found for this entity on the registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
- Register licences
- None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- Country · region
- Denmark · Europe & Central Asia
- Trading venues (MIC)
- Operates MIC SBSI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
- Founded
- 1970
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
Ownership and group
GLEIF relationship records
GLEIF’s relationship records name no parent for this LEI, and no group page is published for it.
Addresses
- Registered address
- PEBERLYK 4 AABENRAA 6200 169 DENMARK
- Operational address
- PEBERLYK 4 AABENRAA 6200 AABENRAA DENMARK
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>SYBKDK22XXX</BICFI>
<LEI>GP5DT10VX1QRQUKVBK64</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>SYBKDK22XXX</BICFI>
<LEI>GP5DT10VX1QRQUKVBK64</LEI>
<Nm>AL SYDBANK A/S</Nm>
<PstlAdr>
<TwnNm>AABENRAA</TwnNm>
<Ctry>DK</Ctry>
<AdrLine>PEBERLYK 4 AABENRAA 6200 169</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
Payment schemes and systems
EPC registers of 2026-09-11 · ECB T2 list of 2026-07-02 · ECB TIPS list of 2026-09-01 · SIX Bank Master valid on 2026-09-28 · NPC participants of 2026-09-25
| Scheme or system | Since | Registered with | Note |
|---|---|---|---|
| SEPA Credit TransferISO 20022 messages | 2008-01-28 | Head office | — |
| SEPA Instant Credit TransferISO 20022 messages | 2025-01-09 | Head office | — |
| SEPA Direct Debit CoreISO 20022 messages | 2009-11-02 | Head office | — |
| SEPA Direct Debit Business-to-BusinessISO 20022 messages | 2009-11-02 | Head office | — |
| Verification of Payee | 2026-01-06 | Head office | — |
| T2 (Eurosystem real-time gross settlement)ISO 20022 messages | — | Head office | — |
| Nordic Instant Credit Transfer (NCT Inst)ISO 20022 messages | 2025-04-22 | Head office | — |
SEPA dates are when the institution became ready for the scheme. The T2 list names direct participants only and gives no joining date.
An institution missing from T2 may still be reachable through an indirect participant.
NCT and NCT Inst dates are when the institution became ready for the scheme.
“ISO 20022 messages” marks a scheme or system whose rulebook or operator specifies ISO 20022 for messages between participants.
Market identifiers
One trading venue or reporting service run under this LEI list of 2026-09-17
| MIC | Market | Kind | Category |
|---|---|---|---|
| SBSI | SYDBANK A/S | Operating MIC | Systematic internaliser |
Network
Branches and correspondent banking
All 18 branch BICs connect to the head office. No city, function or registration year splits them into groups. Banca Monte Dei Paschi di Siena publishes 1 account held with this bank.
- Own offices
- Respondent banks: they hold accounts here
Hover over a branch, account or group to see its details
Respondent banks
From the correspondent lists other banks publish
Banca Monte Dei Paschi di Siena publishes 1 account held with this bank.
| Currency | Respondent bank | Held at | Account | Purpose | Published in |
|---|---|---|---|---|---|
| DKK | Banca Monte Dei Paschi di Siena Italy | SYBKDK22 | 80719600944 | commercial transactions | gruppomps.it ↗ dated Nov 2022 |
Each row is an account the respondent bank lists as held with this bank, as published. Only banks that publish their correspondent accounts, and that Elucidate has researched, can appear, so the list is not complete. Confirm settlement instructions with either bank before relying on them.
Branch codes
| BIC | Branch | City | Address | LEI | Updated |
|---|---|---|---|---|---|
| SYBKDK22AAL | — | Aalborg | VINGAARDSGADE 21 AALBORG 9000 AALBORG DENMARK | — | 2026-02-25 |
| SYBKDK22AAR | — | Aarhus | KYSTVEJEN 29 AARHUS 8000 AARHUS DENMARK | — | 2026-02-25 |
| SYBKDK22CPH | — | Copenhagen | KONGENS NYTORV 30 COPENHAGEN 1050 COPENHAGEN DENMARK | — | 2026-02-25 |
| SYBKDK22DKK | — | Aabenraa | PEBERLYK 4 AABENRAA 6200 AABENRAA DENMARK | — | 2026-02-25 |
| SYBKDK22ESB | — | Esbjerg | KONGENSGADE 62 ESBJERG 6701 ESBJERG DENMARK | — | 2026-02-25 |
| SYBKDK22EUR | — | Aabenraa | PEBERLYK 4 AABENRAA 6200 AABENRAA DENMARK | — | 2026-02-25 |
| SYBKDK22HER | — | Herning | DALGASGADE 22 HERNING 7400 HERNING DENMARK | — | 2026-02-25 |
| SYBKDK22HOR | — | Horsens | SONDERGADE 18-20 HORSENS 8700 HORSENS DENMARK | — | 2026-02-25 |
| SYBKDK22KOL | — | Kolding | JERNBANGGADE 14 KOLDING 6000 KOLDING DENMARK | — | 2026-02-25 |
| SYBKDK22ODE | ODENSE BRANCH | Odense | VESTERGADE 33 ODENSE 5000 ODENSE DENMARK | — | 2026-02-25 |
| SYBKDK22PAD | — | Padborg | MOELLEGADE 3 PADBORG 6330 PADBORG DENMARK | — | 2026-02-25 |
| SYBKDK22SLA | SLAGELSE BRANCH | Slagelse | NYTORV 11 A SLAGELSE 4200 SLAGELSE DENMARK | — | 2026-02-25 |
| SYBKDK22SON | — | Soenderborg | JERNBANEGADE 35 SOENDERBORG 6400 SOENDERBORG DENMARK | — | 2026-02-25 |
| SYBKDK22SVB | — | Svendborg | KLOSTERPLADS 2 SVENDBORG 5700 SVENDBORG DENMARK | — | 2026-02-25 |
| SYBKDK22TIP | RESERVED FOR TIPS USAGE | Aabenraa | PEBERLYK 4 AABENRAA 6200 AABENRAA DENMARK | — | 2026-02-25 |
| SYBKDK22TON | — | Toender | STOREGADE 28 TOENDER 6270 TOENDER DENMARK | — | 2026-02-25 |
| SYBKDK22VAR | — | Varde | WESTERGADE 4 VARDE 6800 VARDE DENMARK | — | 2026-02-25 |
| SYBKDK22VEJ | VEJLE BRANCH | Vejle | KIRKETORVET 4 VEJLE 7000 VEJLE DENMARK | — | 2026-02-25 |
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Payment schemes and systems—Source: European Payments Council (EPC) Registers of Participants; matched to BICs by Elucidate. Source: European Central Bank, List of T2 participants. Source: Nordic Payments Council, List of Scheme Participants.
- Wikidata—CC0, matched on the BIC or LEI recorded in Wikidata. It is community-edited, so check key facts.
- Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- European registers—Source: European Central Bank (ECB), list of monetary financial institutions and list of institutions subject to minimum reserves. Source: European Securities and Markets Authority (ESMA), MiFID II/MiFIR register (investment firms, trading venues, systematic internalisers, data reporting services providers). Matched on LEI by Elucidate.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: Sydbank · Public domain · Wikimedia Commons · original; Jørn Adam Møller: al-sydbank.dk (official website) · original; Stig Westergaard: al-sydbank.dk (official website) · original.
Assess the financial crime risk behind a BIC
A BIC identifies an institution; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks, built for correspondent banking and counterparty due diligence.
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