SpareBank 1 SR-Bank

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SpareBank 1 SR-Bank
Type Savings bank
Industry Banking
Founded 1976
Headquarters Stavanger, Norway
Area served Norway
Key people (CEO)
Revenue Increase NOK 2,038 million (2005)
Operating income NOK 1,026 million (2005)
Employees 1200 (2009)
Website www.sr-bank.no

SpareBank 1 SR-Bank (OSE: ROGG), formerly Sparebanken Rogaland, is the largest savings bank in Norway. The bank has 50 branch offices in 26 municipalities in Rogaland, Agder and Hordaland and a head office in Stavanger. It has 250,000 private and 40,000 institutional customers with total assets of NOK 67 billion. The bank is a founding member of the bank alliance SpareBank 1 and is Norway's seventh largest bank.

History[edit]

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%.

External links[edit]