SpareBank 1 Sør-Norge ASA is one of Norway's largest savings banks, operating as a comprehensive financial group serving southern Norway. Formed on October 1, 2024, through the merger of SpareBank 1 S... SpareBank 1 Sør-Norge ASA is one of Norway's largest savings banks, operating as a comprehensive financial group serving southern Norway. Formed on October 1, 2024, through the merger of SpareBank 1 SR-Bank and SpareBank 1 Sørøst-Norge, it maintains headquarters in Stavanger with 36 offices spanning Vestland, Rogaland, Agder, Telemark, Vestfold, Buskerud, and the Oslo area. As part of the nationwide SpareBank 1 alliance, it provides a wide array of services including banking, accounting, real estate brokerage via EiendomsMegler 1 Sør-Norge, insurance, asset management, leasing, and financing to retail customers, businesses, SMEs, agriculture, and organizations. With over 2,300 employees, the bank emphasizes community development, sustainable practices, and counteracting social exclusion. Its subsidiaries support specialized offerings, while strong financial metrics such as a 18.63% Common Equity Tier 1 ratio and targets for over 14% return on equity underscore its market position as the second-largest Norwegian-owned financial institution.
Sparebank 1 Sor-Norge is not subject to EU Taxonomy reporting
Based on current regulatory requirements, Sparebank 1 Sor-Norge is not required to report EU
Taxonomy data under the CSRD framework. As a result, we have not conducted a detailed EU
Taxonomy data review for this company.
If you believe this assessment should be revisited, you may submit a data coverage request
and our team will review the company's regulatory applicability.
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