SpareBank 1 Sør-Norge ASA is a prominent Norwegian savings bank and financial group serving southern Norway. Formed on October 1, 2024, through the merger of SpareBank 1 SR-Bank and SpareBank 1 Sørøst... SpareBank 1 Sør-Norge ASA is a prominent Norwegian savings bank and financial group serving southern Norway. Formed on October 1, 2024, through the merger of SpareBank 1 SR-Bank and SpareBank 1 Sørøst-Norge, it traces its roots to regional banks established in the early 1800s and operates 36 offices across Vestland, Rogaland, Agder, Telemark, Vestfold, Buskerud, and the Oslo area, with headquarters in Stavanger. Employing over 2,300 people, it ranks as one of Norway's largest savings banks and the second-largest Norwegian-owned bank by assets. As a key member of the SpareBank 1 Alliance, it delivers comprehensive services including loans, deposits, insurance, pensions, asset management, real estate brokerage via EiendomsMegler 1 Sør-Norge, accounting through SpareBank 1 Sør-Norge Forretningspartner, and financing solutions to retail, corporate, SME, and agricultural customers. Seven savings bank foundations hold about 45% ownership, emphasizing community development, sustainability, and local empowerment in its operations. SpareBank 1 Sør-Norge ASA plays a vital role in fostering economic growth and financial stability across its regions while contributing to national banking through alliance collaborations.
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