The three banks wish to continue under the name AL Sydbank, which will be headquartered in Aabenraa. (Archive photo). Photo: Ida Marie Odgaard/Ritzau Scanpix
Three Danish banks agree to merge
Sydbank, Arbejdernes Landsbank, and Vestjysk Bank have agreed to merge, each confirming on Monday. The proposal awaits approval from shareholder meetings in December and requires regulatory consent. The new entity will operate under the name AL Sydbank, headquartered in Aabenraa, becoming one of...
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