SpareBank 1 SR-Bank
SpareBank 1 SR-Bank (), formerly Sparebanken Rogaland, 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 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. SpareBank 1 SR-Bank is part of the SpareBank 1 Alliance, which is a banking and product alliance between independent, locally based Norwegian banks. 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%. Sponsorships Viking Stadion Viking Stadion (currently named SR-Bank Arena for sponsorsh ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Savings Bank
A savings bank is a financial institution whose primary purpose is accepting savings account, savings deposits and paying interest on those deposits. History of banking, They originated in Europe during the 18th century with the aim of providing access to Wealth, savings products to all levels in the population. Often associated with social good, these early banks were often designed to encourage low-income people to Saving, save money and have access to banking services. They were set up by governments or by socially committed groups or organisations such as with credit unions. The structure and legislation took many different forms in different countries over the 20th century. Savings banks and Savings and loan association, savings-and-loans are often confused. The original function of savings banks to service consumers was limited to savings. Savings banks invested in Government debt, government and Corporate bond, corporate debt. Savings and loan associations had a dual p ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Banking
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Stavanger
Stavanger (, , American English, US usually , ) is a city and municipalities of Norway, municipality in Norway. It is the fourth largest city and third largest metropolitan area in Norway (through conurbation with neighboring Sandnes) and the administrative center of Rogaland county. The municipality is the fourth most populous in Norway. Located on the Stavanger Peninsula in southwest Norway, Stavanger counts its official founding year as 1125, the year the Stavanger Cathedral was completed. Stavanger's core is to a large degree 18th- and 19th-century wooden houses that are protected and considered part of the city's cultural heritage. This has caused the town center and inner city to retain a small-town character with an unusually high ratio of detached houses, and has contributed significantly to spreading the city's population growth to outlying parts of Greater Stavanger. The city's population rapidly grew in the late 20th century due to its oil industry. Stavanger is known ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Norway
Norway, officially the Kingdom of Norway, is a Nordic country in Northern Europe, the mainland territory of which comprises the western and northernmost portion of the Scandinavian Peninsula. The remote Arctic island of Jan Mayen and the archipelago of Svalbard also form part of Norway. Bouvet Island, located in the Subantarctic, is a dependency of Norway; it also lays claims to the Antarctic territories of Peter I Island and Queen Maud Land. The capital and largest city in Norway is Oslo. Norway has a total area of and had a population of 5,425,270 in January 2022. The country shares a long eastern border with Sweden at a length of . It is bordered by Finland and Russia to the northeast and the Skagerrak strait to the south, on the other side of which are Denmark and the United Kingdom. Norway has an extensive coastline, facing the North Atlantic Ocean and the Barents Sea. The maritime influence dominates Norway's climate, with mild lowland temperatures on the se ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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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, Vestfold og Telemark to the east and Agder to the east and southeast. In 2020, it had a population of 479,892. The administrative centre of the county is the Stavanger (city), city of Stavanger, which is one of the largest cities in Norway. Rogaland is the centre of the Norwegian petroleum industry. In 2016, Rogaland had an unemployment rate of 4.9%, one of the highest in Norway. In 2015, Rogaland had a fertility rate of 1.78 children per woman, which is the highest in the country. The Diocese of Stavanger for the Church of Norway includes all of Rogaland county. Etymology ''Rogaland'' is the region's Old Norse name, which was revived in modern times. During Denmark's rule of Norway until the year 1814, the county was named ''Stavanger amt (subnational entity), amt'', after the large city of Stavanger. The first element is the plural ge ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Merger
Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is a legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. A deal may be euphemistically called a ''merger of equals'' if both CEOs agree that joining together is in the best interest of both of their companies. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. In most countries, mergers and acquisitions must comp ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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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 bank with total assets of NOK 625 billion, 352 branches and 6300 employees. The alliance has its head office in Oslo, Norway. The banks in the SpareBank 1 Alliance distribute SpareBank 1 groups' products and collaborate in key areas such as brands, work processes, expertise development, IT operations and system development. Companies in the group include the mutual fund company ODIN Forvaltning, the life insurance company ''SpareBank 1 Livsforsikring'', the insurance company ''SpareBank 1 Skadeforsikring'', the credit card company ''SpareBank 1 Medlemskort'', ''SpareBank 1 Utvikling'', the commercial bank ''Bank 1 Oslo'', the car finance company ''SpareBank 1 Bilplan'' (19.9%) and the securities company ''First Securities'' (24.5%). Histo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Viking Stadion
Viking Stadion (currently named SR-Bank Arena for sponsorship purposes), is a football stadium in Stavanger, Norway. It was inaugurated in May 2004 and cost 160 million NOK (€20 million) to build. 50 million NOK, plus the lot it was built on, was a gift from the municipality. It replaced Stavanger Stadion as the home stadium of Viking FK. In 2006, the stadium was expanded beyond the original capacity of 15,300 to 16,600. The capacity was later reduced to 16,300 in 2012 to make room for two giant screens. From 2018 the capacity is again reduced to 15,900. Originally an all-seater stadium, parts of the west stand have been converted to safe standing in recent years. The record attendance is 16,600 from 24 June 2007, when Viking met Brann. Jåttåvågen railway station, which serves the Jæren Commuter Rail, is located right outside the stadium. The venue has hosted the Norway national under-21 football team on four occasions, playing 1–0 against Spain on 31 May 2006, 1–1 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Banks Of Norway
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Companies Based In Stavanger
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Banks Established In 1976
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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1976 Establishments In Norway
Events January * January 3 – The International Covenant on Economic, Social and Cultural Rights enters into force. * January 5 – The Pol Pot regime proclaims a new constitution for Democratic Kampuchea. * January 11 – The 1976 Philadelphia Flyers–Red Army game results in a 4–1 victory for the National Hockey League's Philadelphia Flyers over HC CSKA Moscow of the Soviet Union. * January 16 – The trial against jailed members of the Red Army Faction (the West German extreme-left militant Baader–Meinhof Group) begins in Stuttgart. * January 18 ** Full diplomatic relations are established between Bangladesh and Pakistan 5 years after the Bangladesh Liberation War. ** The Scottish Labour Party is formed as a breakaway from the UK-wide party. ** Super Bowl X in American football: The Pittsburgh Steelers defeat the Dallas Cowboys, 21–17, in Miami. * January 21 – First commercial Concorde flight, from London to Bahrain. * January 27 ** The United States vetoes a ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |