Sparebanken ABC, sometimes branded as ABC Bank, was 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 ...

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 providi ...

based in

Oslo Oslo ( , , or ; sma, Oslove) is the capital and most populous city of Norway. It constitutes both a county and a municipality. The municipality of Oslo had a population of in 2022, while the city's greater urban area had a population of ...

, in existence between 1985 and 1990. The bank was a

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 ...

between Sparebanken Oslo/Akershus (founded in 1822) as Christiania Sparebank) and

Fellesbanken Fellesbanken was a Norwegian bank that existed between 1920 and 1985 with offices in Oslo, Norway. It was created as a central bank for the Norwegian savings banks as well as functioning as a commercial bank. It merged with Sparebanken Oslo/A ...

(founded in 1920). The

bank 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 ...

lasted until 1990 when it merged with four other savings banks in Eastern Norway to create

Sparebanken NOR Union Bank of Norway branded as Sparebanken NOR was Norway's largest savings bank between 1990 and 1999. The bank was created as a merger between Sparebanken ABC and four other regional savings banks. The new bank had its headquarters in Oslo and ...

. The bank is now part of

DnB NOR DNB ASA (formerly DnB NOR ASA) is Norway's largest financial services group with total combined assets of more than NOK 1.9 trillion and a market capitalisation NOK 164 billion as of 20 May 2016. DNB's head office is located in Oslo. The two lar ...

after Sparebanken NOR merged with

Gjensidige Gjensidige Forsikring ASA is a Norwegian insurance company. The company traces its roots back to 1816 when a fire mutual was founded as ''Land Gjensidige Brandkasse'' in what is today Innlandet county. Gjensidige demutualised and listed on the O ...

to create

Gjensidige NOR Gjensidige NOR was a Norway, Norwegian bank and insurance company that was in existence between 1999 and 2003. The company was created when the two savings banks Sparebanken NOR (bank) and Gjensidige (insurance) were merged in 1999. In 2002 Norwe ...

in 1999 and Gjensidige NOR merged with

Den norske Bank Den norske Bank or DnB was a Norwegian bank that existed between 1990 and 2003 when it merged with Gjensidige NOR to form DnB NOR (now DNB ASA). The bank's headquarters were in Bergen, Norway. DnB was created as a merger between Bergen Bank and ...

in 2003 to create DnB NOR.

External links

DnB NOR corporate web site
Defunct banks of Norway Companies based in Oslo Banks established in 1985 Banks disestablished in 1990 1985 establishments in Norway 1990 disestablishments in Norway {{Norway-bank-stub