Sparebanken Sør
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Sparebanken Sør
Sparebanken Sør is a savings bank based in Kristiansand, Norway. Sparebanken Sør´s main market is located in the counties of Agder, Vestfold and Telemark and Rogaland. There are 31 branches in this district serving the customers. The internet and mobile banking services are among the most modern in Norway. Sparebanken Sør is an independent savings bank with total assets of BNOK 90, and 500 man-years as of 1. January 2014. The bank´s main products are savings, loans and domestic and international payment services. In cooperation with other savings banks, Sparebanken Sør owns companies for insurance, securities and leasing/factoring, and the bank is selling their products. Sparebanken Sør is regulated by the Financial Supervisory Authority of Norway Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of Production (economics), production, Distribution (economics), distribution, and ...
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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 ...
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Kristiansand
Kristiansand is a seaside resort city and municipality in Agder county, Norway. The city is the fifth-largest and the municipality the sixth-largest in Norway, with a population of around 112,000 as of January 2020, following the incorporation of the municipalities of Søgne and Songdalen into the greater Kristiansand municipality. In addition to the city itself, Statistics Norway counts four other densely populated areas in the municipality: Skålevik in Flekkerøy with a population of 3,526 in the Vågsbygd borough, Strai with a population of 1,636 in the Grim borough, Justvik with a population of 1,803 in the Lund borough, and Tveit with a population of 1,396 () in the Oddernes borough. Kristiansand is divided into five boroughs: Grim, which is located northwest in Kristiansand with a population of 15,000; Kvadraturen, which is the centre and downtown Kristiansand with a population of 5,200; Lund, the second largest borough; Søgne, with a population of around 12,000 and i ...
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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 ...
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Aust-Agder
Aust-Agder (, en, "East Agder") was a county (''fylke'') in Norway until 1 January 2020, when it was merged with Vest-Agder to form Agder county. In 2002, there were 102,945 inhabitants, which was 2.2% of Norway's population. Its area was . The county's administrative center was the town of Arendal. The county, located along the Skagerrak coast, extended from Gjernestangen at Risør to the Kvåsefjorden in Lillesand. The inner parts of the area included Setesdalsheiene and Austheiene. Most of the population lives near the coast; about 78% of the county's inhabitants live in the five coastal municipalities of Arendal, Grimstad, Lillesand, Tvedestrand, and Risør. The rest of the county is sparsely populated. Tourism is important, as Arendal and the other coastal towns are popular attractions. The county includes the larger islands of Tromøya, Hisøya, Justøya, and Sandøya, Aust-Agder, Sandøya. The interior of the county encompasses the traditional district of Setesdal, thro ...
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Vest-Agder
Vest-Agder (; "West Agder") was one of 18 counties (''fylker'') in Norway up until 1 January 2020, when it was merged with Aust-Agder to form Agder county. In 2016, there were 182,701 inhabitants, around 3.5% of the total population of Norway. Its area was about . The county administration was located in its largest city, Kristiansand. Vest-Agder was a major source of timber for Dutch and later English shipping from the 16th century onwards. Historically, the area exported timber, wooden products, salmon, herring, ships, and later nickel, paper, and ferrous and silica alloys. Compared to other counties of Norway, today's exports-intensive industry produces shipping and offshore equipment (National Oilwell Varco), cranes (Cargotec), ships (Umoe Mandal, Flekkefjord Slip), wind turbine equipment, nickel ( Glencore), and solar industry microsilica (Elkem). A major tourist attraction is Kristiansand Dyrepark. Vest-Agder grew to political prominence with the decision of King Christ ...
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Telemark
Telemark is a traditional region, a former county, and a current electoral district in southern Norway. In 2020, Telemark merged with the former county of Vestfold to form the county of Vestfold og Telemark. Telemark borders the traditional regions and former counties of Vestfold, Buskerud, Hordaland, Rogaland and Aust-Agder. The name ''Telemark'' means the "mark of the Thelir", the ancient North Germanic tribe that inhabited what is now known as Upper Telemark in the Migration Period and the Viking Age. In the Middle Ages, the agricultural society of Upper Telemark was considered the most violent region of Norway. Today, half of the buildings from medieval times in Norway are located here. The dialects spoken in Upper Telemark also retain more elements of Old Norse than those spoken elsewhere in the country. Upper Telemark is also known as the birthplace of skiing. The southern part of Telemark, Grenland, is more urban and influenced by trade with the Low Countries, no ...
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Financial Services
Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer finance, consumer-finance companies, brokerage firm, stock brokerages, investment management, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the Gramm-Leach-Bliley Act, GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the Takeover, acquisit ...
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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 ...
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Agder
Agder is a county (''fylke'') and traditional region in the southern part of Norway. The county was established on 1 January 2020, when the old Vest-Agder and Aust-Agder counties were merged. Since the early 1900s, the term Sørlandet ("south country, south land, southland") has been commonly used for this region, sometimes with the inclusion of neighbouring Rogaland. Before that time, the area was considered a part of Western Norway. The area was a medieval petty kingdom, and after Norway's unification became known as ''Egdafylki'' and later ''Agdesiden'', a county within the kingdom of Norway. The name Agder was not used after 1662, when the area was split into smaller governmental units called Nedenæs, Råbyggelaget, Lister, and Mandal. The name was resurrected in 1919 when two counties of Norway that roughly corresponded to the old Agdesiden county were renamed Aust-Agder (East Agder) and Vest-Agder (West Agder). Even before the two counties joined in 2020, they coopera ...
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Vestfold And Telemark
Vestfold og Telemark (; ) is a county under disestablishment in Norway. The county is the southernmost one of Eastern Norway and consists of two distinct and separate traditional regions: the former counties of Telemark and (most of) Vestfold. The capital is located at the town of Skien, which is also the county's largest city. While Skien is the seat of the county municipality, the seat of the County Governor is Tønsberg. It borders the counties of Viken, Vestland, Rogaland and Agder. Telemark voted against the merger, on the basis that the regions have nothing in common and do not constitute a natural geographical, cultural, social or political entity. Regardless, the Storting voted on 7 January 2018 to merge the counties by force, and the merger took effect on 1 January 2020. Unlike Telemark or Vestfold, it does not form a traditional or cultural region, but is instead administrative. On 15 February 2022, the county council decided to vote for the future of Vestfold og ...
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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 ...
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Securities
A security is a tradable financial asset. The term commonly refers to any form of financial instrument, but its legal definition varies by jurisdiction. In some countries and languages people commonly use the term "security" to refer to any form of financial instrument, even though the underlying legal and regulatory regime may not have such a broad definition. In some jurisdictions the term specifically excludes financial instruments other than equities and Fixed income instruments. In some jurisdictions it includes some instruments that are close to equities and fixed income, e.g., equity warrants. Securities may be represented by a certificate or, more typically, they may be "non-certificated", that is in electronic ( dematerialized) or "book entry only" form. Certificates may be ''bearer'', meaning they entitle the holder to rights under the security merely by holding the security, or ''registered'', meaning they entitle the holder to rights only if they appear on a secur ...
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