Spar Nord Bank
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Spar Nord Bank
Spar Nord Bank A/S () is a bank based in North Jutland, Denmark. The history of the bank can be traced back to May 12, 1824, where "Bye og Omegns Sparekasse" (The Savings Bank for Town and County) was established in Aalborg. After a number of merges through the 20th century, the name was changed from "Sparekassen Nordjylland" (The Savings Bank of Northern Jutland) to its current short form. In the 2010s Spar Nord has opened several offices in larger towns outside Northern Jutland in Denmark. As of 2019, it is Denmark’s sixth largest bank.Nikolaj Skydsgaard (October 3, 2019)Danish bank Spar Nord announces minus 0.75% interest on deposits ''Reuters Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was estab ...''. References External links Bank Profile: Spar Nord Bank A/S {{Members o ...
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Banking
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ...
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North Denmark Region
The North Jutland Region ( da, Region Nordjylland), or in some official sources, the North Denmark Region, is an administrative region of Denmark established on 1 January 2007 as part of the 2007 Danish municipal reform, which abolished the traditional counties () and set up five larger regions. At the same time, smaller municipalities were merged into larger units, cutting the number of municipalities from 271 before 1 January 2006, when Ærø Municipality was created, to 98. North Jutland Region has 11 municipalities. The reform diminished the power of the regional level dramatically in favor of the local level and the central government in Copenhagen. Geography The North Jutland Region consists of the former North Jutland County combined with parts of the former Viborg County (the former municipalities of Aalestrup, Hanstholm, Morsø, Sydthy, and Thisted), and the western half of Mariager Municipality (in the former Aarhus County). Geologically, the region lies in the nor ...
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Aalborg
Aalborg (, , ) is Denmark's fourth largest town (behind Copenhagen, Aarhus, and Odense) with a population of 119,862 (1 July 2022) in the town proper and an urban population of 143,598 (1 July 2022). As of 1 July 2022, the Municipality of Aalborg had a population of 221,082, making it the third most populous in the country after the municipalities of Copenhagen and Aarhus. Eurostat and OECD have used a definition for the Metropolitan area of Aalborg (referred to as a ''Functional urban area''), which includes all municipalities in the Province (Danish: ''landsdel'') of North Jutland (Danish: ''Nordjylland''), with a total population of 594,323 as of 1 July 2022. By road Aalborg is southwest of Frederikshavn, and north of Aarhus. The distance to Copenhagen is if travelling by road and not using ferries. The earliest settlements date to around AD 700. Aalborg's position at the narrowest point on the Limfjord made it an important harbour during the Middle Ages, and l ...
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Aktieselskab
''Aktieselskab'' (; Abbreviation, abbr.: A/S, or a/s, Unicode ; literally meaning: "stock company") is the Denmark, Danish name for a stock-based corporation. An ''aktieselskab'' may be either publicly traded or private. Liability The shareholders of an ''aktieselskab'' are not liable for the debts of the company. This can be used to protect the assets of the company against creditors by forming a group of companies. If an A/S is owned by a holding company (typically another A/S), the profit from the production company can be transferred to the holding company. Since there is no liability for the owners of an A/S, creditors from the production company will not be able to claim the profit in case of bankruptcy. Professional creditors, such as banks, protect themselves from this by demanding that the holding company guarantees the debts of the production company. Formation of an ''aktieselskab'' The formation of an ''aktieselskab'' requires a number of steps, including the followi ...
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Denmark
) , song = ( en, "King Christian stood by the lofty mast") , song_type = National and royal anthem , image_map = EU-Denmark.svg , map_caption = , subdivision_type = Sovereign state , subdivision_name = Danish Realm, Kingdom of Denmark , established_title = History of Denmark#Middle ages, Consolidation , established_date = 8th century , established_title2 = Christianization , established_date2 = 965 , established_title3 = , established_date3 = 5 June 1849 , established_title4 = Faroese home rule , established_date4 = 24 March 1948 , established_title5 = European Economic Community, EEC 1973 enlargement of the European Communities, accession , established_date5 = 1 January 1973 , established_title6 = Greenlandic home rule , established_date6 = 1 May 1979 , official_languages = Danish language, Danish , languages_type = Regional languages , languages_sub = yes , languages = German language, GermanGerman is recognised as a protected minority language in t ...
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Reuters
Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by the German-born Paul Reuter. It was acquired by the Thomson Corporation of Canada in 2008 and now makes up the media division of Thomson Reuters. History 19th century Paul Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions in 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aachen's Reuters House. Reuter moved to London in 1851 and established a news wire agency at the London Royal Exchange. Headquartered in London, Reuter' ...
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Banks Established In 1824
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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Banks Of Denmark
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ...
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Companies Based In Aalborg
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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