Vestjysk Bank to merge with Den Jyske Sparekasse in a €166m deal.

Vestjysk Bank, a regional bank in Denmark, agreed to merge with Den Jyske Sparekasse, a savings bank, in a €166m deal. "The merger allows us to become Denmark's strongest local bank. Today, we are local banks with a strong commitment to the area in which we operate and with a good knowledge of our customers. The merger allows us to continue being local while also ensuring that we are in a stronger position to the benefit of our customers, shareholders and employees," Kim Duus, Vestjysk Bank Chairman.