SpareBank 1 SR-Bank

SpareBank 1 SR-Bank (OSE: SRBANK), formerly Sparebanken Rogaland, has more than 300.000 private individuals and companies as customers. The bank is present with 36 offices from Bergen in the west to Oslo in the east, with head office located in Stavanger. The bank has more than 1,250 employees with its subsidiaries.[1]

SpareBank 1 SR-Bank
Savings bank
IndustryBanking
Founded1 October 1976
HeadquartersStavanger, Norway
Area served
Norway
Key people
Arne Austreid - CEO
Total equity22,8 bn NOK (31 December 2018)
Number of employees
1250
Websitesr-bank.no

SpareBank 1 SR-Bank is a financial group with national distribution and is Norway's second largest Norwegian-owned bank. In 2018 the bank went from being a regional bank to a bank for the whole Southern Norway.[2]

SpareBank 1 SR-Bank is part of the SpareBank 1 Alliance, which is a banking and product alliance between independent, locally based Norwegian banks.[3]

History

Sparebanken Rogaland was created in 1976 when 22 local savings banks in Rogaland merged to form Norway's first regional bank. Since then an additional 17 banks have jointed the company. In 1996 the bank was one of the founding members of SpareBank 1 and presently owns 19.5%.

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References
  1. "Annual report - SpareBank 1 SR-Bank" (PDF). 8 July 2019. Retrieved 8 July 2019.
  2. "About SpareBank 1 SR-Bank". 8 July 2019. Retrieved 8 July 2019.
  3. "About SpareBank 1 SR-Bank". 8 July 2019. Retrieved 8 July 2019.
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