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
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 47 ...
merged
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 ...
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
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 ba ...
and presently owns 19.5%.
Sponsorships
Viking Stadion is called SR-Bank Arena for sponsorship purposes.
References
External links
Web site
{{Authority control
Banks of Norway
Companies based in Stavanger
Banks established in 1976
1976 establishments in Norway
Companies listed on the Oslo Stock Exchange