SpareBank 1 Sør-Norge (), formerly SpareBank 1 SR-Bank and SpareBank 1 Sørøst-Norge, is a
Norwegian bank and lender with 36 offices from Bergen in the west to Oslo in the east, with head office located in Stavanger. As of 2019, the bank has more than 1,250 employees with its subsidiaries.
SpareBank 1 Sør-Norge 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.
SpareBank 1 Sør-Norge is part of the SpareBank 1 Alliance, which is a banking and product alliance between independent, locally based Norwegian banks.
As of October 1, 2024 SpareBank 1 SR-Bank and SpareBank 1 Sørøst-Norge merged as SpareBank 1 Sør-Norge.
History
Sparebanken Rogaland was created in 1976 when 22 local savings banks in
Rogaland
Rogaland () is a Counties of Norway, county in Western Norway, bordering the North Sea to the west and the counties of Vestland to the north, Telemark to the east and Agder to the east and southeast. As of 1 January 2024, it had a population of 49 ...
merged
Mergers and acquisitions (M&A) are business transactions in which the ownership of a company, business organization, or one of their operating units is transferred to or consolidated with another entity. They may happen through direct absorpt ...
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
SpareBank 1 is a Norwegian alliance and brand name for a group of savings banks. The alliance is organised through the holding company ''SpareBank 1 Gruppen AS'' owned by the participating banks. In total the alliance is Norway's second largest b ...
and presently owns 19.5%.
Sponsorships
Viking Stadion
Viking Stadion (currently named Lyse Arena for sponsorship reasons), is a football (soccer), football stadium in Stavanger, Norway. It was inaugurated in May 2004 and cost 160 million Norwegian krone, NOK (€20 million) to build. 50 million NOK, ...
is called SR-Bank Arena for sponsorship purposes.
References
External links
Web site
{{Authority control
Banks of Norway
Companies based in Stavanger
Banks established in 1976
1976 establishments in Norway
Companies listed on the Oslo Stock Exchange