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 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 ABC and four other regional savings banks. The new bank had its headquarters in Oslo and was in existence until 1999 when it 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 form

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 ...

. Today the bank is 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 ...

. The bank was primarily concentrated around Eastern Norway where the original five banks had branches in

Akershus Akershus () is a traditional region and current electoral district in Norway, with Oslo as its main city and traditional capital. It is named after the Akershus Fortress in Oslo. From the middle ages to 1919, Akershus was a fief and main county ...

, Buskerud, Oslo, Vestfold and Østfold in addition to offices in Bergen,

Bodø Bodø (; smj, Bådåddjo, sv, Bodö) is a municipality in Nordland county, Norway. It is part of the traditional region of Salten. The administrative centre of the municipality is the town of Bodø (which is also the capital of Nordland count ...

, Kristiansand, Tromsø, Trondheim and Vadsø in addition to Luxembourg.

External links

DnB NOR corporate web site
Defunct banks of Norway Companies formerly listed on the Oslo Stock Exchange Companies based in Oslo Banks established in 1990 Banks disestablished in 1999 1990 establishments in Norway 1999 disestablishments in Norway {{Norway-bank-stub