Inactive Instrument

JUTLANDER BANK

JUTBK

DK0060050045

Jutlander Bank A/S Cuts Workforce and Plans Branch Closures

January 26, 2014

Jutlander Bank A/S announced that it is reducing its employee count by approximately 10%. Of the bank's 438 employees, 26 opted for voluntary redundancy and 14 are being made redundant. The company announced that in line with a reduced workforce, it is planning to combine several of its smaller departments, leading to branch closures.

The company expects the reorganization to generate annual operational savings of between DKK 30 million and DKK 35 million.

Latest news about JUTLANDER BANK

Jutlander Bank A/S(CPSE:JUTBK) dropped from OMX Nordic All-Share Index	21-09-01	CI
Sparekassen Vendsyssel completed the acquisition of Jutlander Bank A/S.	21-08-31	CI
Jutlander Bank A/S Reports Earnings Results for the Half Year Ended June 30, 2021	21-08-23	CI
Sparekassen Vendsyssel agreed to acquire Jutlander Bank A/S.	21-06-13	CI
Jutlander Bank A/S Reports Earnings Results for the First Quarter Ended March 31, 2021	21-05-10	CI
Jutlander Bank A/S Reports Earnings Results for the Full Year Ended December 31, 2020	21-02-22	CI
Jutlander Bank A/S completed the acquisition of branches in Randers and Gjerlev from Østjydsk Bank A/S.	15-01-04	CI
Jutlander Bank A/S signed an agreement to acquire branches in Randers and Gjerlev from Østjydsk Bank A/S for DKK 95.5 million.	14-12-21	CI
Jutlander Bank A/S(CPSE:JUTBK) dropped from OMX Nordic Small Cap Index	14-02-12	CI
Jutlander Bank A/S Cuts Workforce and Plans Branch Closures	14-01-26	CI
Sparekassen Himmerland A/S completed the acquisition of Sparekassen Hobro.	14-01-06	CI
Sparekassen Himmerland A/S agreed to acquire Sparekassen Hobro.	13-10-28	CI
Jutlander Bank A/S(CPSE:JUTBK) added to OMX Nordic Small Cap Index	13-01-22	CI
Sparekassen Himmerland A/S (CPSE: SPHIM) completed the acquisition of Vokslev Sparekasse.	12-10-01	CI
Sparekassen Himmerland A/S(CPSE:SPHIM) dropped from OMX Nordic Small Cap Index	12-09-17	CI
Sparekassen Himmerland A/S agreed to acquire Vokslev Sparekasse.	12-08-20	CI
Tranche Update on Sparekassen Himmerland A/S's Equity Buyback Plan announced on March 15, 2011.	12-02-28	CI

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Company Profile

Jutlander Bank A/S, formerly known as Sparekassen Himmerland A/S, is a Denmark-based regional bank primarily active within the Jutland peninsula. The Bank's primary activity is the supply of banking products and services to both private and corporate customers. Its products and services offering includes savings accounts for adults and children, pension funds, credit cards, currency exchange, loans, life and property insurance as well as payment services, shares, bonds and asset management services. The Bank also provides access to the NetBank online banking facility. It carries out its operations through around 20 branches in the local areas: three in Aalborg, three in Aarhus area and one in Copenhagen.

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