Spar Nord Bank A/S. Stock Analysis SPNO.CO

Spar Nord Bank A/S engages in the provision of banking products and services. The company operates within two business segments. The Spar Nord’s Local Banks segment serves retail and business customers, as well as large corporate and high-net-worth individuals through 90 local banks. The company offers loans and credits, credit and debit cards, saving products, non-life and life insurance and pension funds, among others. The Trading, Financial Markets & the International segment includes divisions such as Markets, Shares, Asset Management and Bonds, Interest & Forex, and the International. The activities are focused on forex and securities, including hedging and transaction management, as well as export and import. The firm has five direct subsidiaries. In June 2014, it completed the transaction to acquire a customer portfolio from FIH Erhvervsbank A/S.