SpareBank 1 SR-Bank (), formerly Sparebanken Rogaland, is a

Norwegian Norwegian, Norwayan, or Norsk may refer to: *Something of, from, or related to Norway, a country in northwestern Europe *Norwegians, both a nation and an ethnic group native to Norway *Demographics of Norway *The Norwegian language, including the ...

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 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 ...

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