About Vestjysk Bank
Vestjysk Bank is a company based in Lemvig (Denmark) founded in 1996 was acquired by Sydbank in December 2025.. The company has 632 employees as of December 31, 2022. Vestjysk Bank offers products and services including Boliglån, Elbillån, Savings Accounts, and Credit Cards. Vestjysk Bank operates in a competitive market with competitors including Danske Bank, Scotiabank, Spar Nord, lan & spar and Jyske Bank, among others.
- Headquarter Lemvig, Denmark
- Employees 632 as on 31 Dec, 2022
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Vestjysk Bank A/S
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Products & Services of Vestjysk Bank
Vestjysk Bank offers a comprehensive portfolio of products and services, including Boliglån, Elbillån, Savings Accounts, and Credit Cards. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Loans for buying or renovating homes in Denmark
Specialized loans for purchasing electric vehicles
Accounts for personal and business savings options
Cards for daily transactions and financial management
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Funding Insights of Vestjysk Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Vestjysk Bank
Vestjysk Bank has secured backing from 1 investor. Prominent investors backing the company include Sydbank. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Commercial banking services are offered in Denmark.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Vestjysk Bank
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Vestjysk Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Vestjysk Bank Comparisons
Competitors of Vestjysk Bank
Vestjysk Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Danske Bank, Scotiabank, Spar Nord, lan & spar and Jyske Bank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Financial services including banking and insurance are provided globally.
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| domain | founded_year | HQ Location |
Commercial banking services are provided internationally by Scotiabank.
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| domain | founded_year | HQ Location |
Commercial banking services are provided to customers in Denmark.
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| domain | founded_year | HQ Location |
Commercial banking services are provided to businesses in Denmark.
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| domain | founded_year | HQ Location |
Commercial banking services are offered across Denmark and abroad.
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| domain | founded_year | HQ Location |
Commercial banking services are provided in Denmark by Sparekassen Sjælland.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Vestjysk Bank
Frequently Asked Questions about Vestjysk Bank
When was Vestjysk Bank founded?
Vestjysk Bank was founded in 1996.
Where is Vestjysk Bank located?
Vestjysk Bank is headquartered in Lemvig, Denmark.
How many employees does Vestjysk Bank have?
As of Dec 31, 2022, the latest employee count at Vestjysk Bank is 632.
What does Vestjysk Bank do?
Vestjysk Bank was established in 1996 in Lemvig, Denmark, as a commercial bank serving the local region. Financial services such as deposits, loans, mortgages, and corporate financing are offered to retail and business customers. Operations are managed through physical branches and digital platforms, including the website vestjyskbank.dk. Focus is placed on the Danish market, particularly in West Jutland, with standard regulatory compliance observed.
Who are the top competitors of Vestjysk Bank?
Vestjysk Bank's top competitors include Scotiabank, Danske Bank and lan & spar.
What products or services does Vestjysk Bank offer?
Vestjysk Bank offers Boliglån, Elbillån, Savings Accounts, and Credit Cards.
Who are Vestjysk Bank's investors?
Vestjysk Bank has 1 investor. Key investors include Sydbank.