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SpareBank 1's Overview

Total employees7600
HeadquartersOslo
Founded1996

SpareBank 1 is a Norwegian banking alliance comprising 13 independent savings banks that collaborate under a common brand and shared technological platform. Established in 1996, the alliance is one of Norway's largest financial groups, offering a comprehensive suite of financial products and services to both private individuals and corporate clients. These services include retail and business banking, insurance policies, pension plans, savings and investment products, and real estate brokerage through its subsidiary EiendomsMegler 1. The core idea behind SpareBank 1 is to merge the local expertise and community engagement of individual savings banks with the resources, innovation capacity, and strength of a large financial entity, thereby providing robust and customer-centric financial solutions throughout Norway.

Where is SpareBank 1's Headquarters?

SpareBank 1 officeSpareBank 1 officeSpareBank 1 officeSpareBank 1 office
*Images sourced via web search. Rights belong to original owners

HQ Function

The headquarters of SpareBank 1 Gruppen AS serves as the strategic and operational hub for the alliance. It coordinates joint initiatives, develops common IT platforms and digital solutions, manages shared services (like insurance and asset management products), branding, and provides support to the member banks.

Notable Features:

Located in a modern office building in central Oslo, designed to foster collaboration and innovation. The facilities often incorporate contemporary Scandinavian design principles, focusing on functionality and a positive work environment.

Work Culture:

The work culture at SpareBank 1 Gruppen is characterized by collaboration, innovation, and a strong customer focus. It aims to empower the local member banks by providing them with competitive shared resources and expertise, particularly in technology and product development.

HQ Significance:

This central headquarters is significant as it enables the alliance of independent banks to compete effectively with larger financial institutions by standardizing key offerings, pooling resources for development, and maintaining a unified brand presence.

Values Reflected in HQ: The headquarters' operations and design likely reflect the core values of the SpareBank 1 Alliance: proximity to customers (by supporting local banks), competence, responsibility, and a forward-thinking approach to financial services.

Location:

SpareBank 1 operates primarily within Norway, with a strong focus on serving local communities and businesses across the country. While it does not have an extensive network of international branches, the alliance supports its customers' global needs through various services. These include international payment processing, currency exchange, trade finance for businesses involved in import/export, and advisory services for customers with international interests. The member banks also maintain correspondent banking relationships with international financial institutions to facilitate cross-border transactions and services.

Street Address:

Hammersborggata 9

City:

Oslo

State/Province:

Oslo

Country:

Norway

SpareBank 1's Global Presence

Trondheim, Trøndelag, Norway

Address: Søndre gate 4, 7011 Trondheim

Provides a full range of banking, insurance, investment, and real estate brokerage services to personal and business customers in Trøndelag, Nordvestlandet, and parts of Nordland, contributing significantly to regional economic development.

Stavanger, Rogaland, Norway

Address: Bjergsted Terrasse 1, 4007 Stavanger

Offers comprehensive financial services to individuals and businesses in Rogaland, Agder, and Hordaland, playing a vital role in a region known for its energy sector and dynamic business environment.

Buying Intent Signals for SpareBank 1

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of SpareBank 1

As of April 2025, SpareBank 1' leadership includes:

Ranveig Røste - Group CEO, SpareBank 1 Gruppen AS
Bengt Olsen - CFO / Konserndirektør Økonomi og Finans, SpareBank 1 Gruppen AS
Jan-Erik Fåne - Konserndirektør Kommunikasjon og Samfunn, SpareBank 1 Gruppen AS

Investors of SpareBank 1

SpareBank 1 has been backed by several prominent investors over the years, including:

SpareBank 1 SR-Bank ASA
SpareBank 1 SMN
SpareBank 1 Østlandet
SpareBank 1 Nord-Norge
SpareBank 1 Sørøst-Norge
Samarbeidende Sparebanker AS (representing a group of smaller alliance banks)

Executive New Hires/Exits in the Last 12 Months

Hire1
Exits1

SpareBank 1 Gruppen AS appointed Ranveig Røste as its new Group CEO, effective May 2023. She succeeded Sigurd Aune, who served as interim Group CEO. This was a key leadership change for the central entity of the alliance.

Departures

Sigurd Aune, Sigurd Aune transitioned from the role of Interim Group CEO as Ranveig Røste assumed the permanent position.

New Appointments:

Ranveig Røste, Ranveig Røste appointed as the new permanent Group CEO of SpareBank 1 Gruppen AS.

Technology (Tech Stack) used by SpareBank 1

Discover the tools SpareBank 1 uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

SpareBank 1 Email Formats and Examples

Employees at SpareBank 1, particularly those within the central SpareBank 1 Gruppen AS or using alliance-wide systems, commonly use an email format combining their first and last names. For example, 'firstname.lastname@sparebank1.no'. Individual member banks may also have their own specific domain variations (e.g., @smn.no, @sr-bank.no), but the pattern is often similar.

[first].[last]@sparebank1.no

Format

ola.nordmann@sparebank1.no

Example

85%

Success rate

News and media

SpareBank 1 Gruppen / DNB / NTB KommunikasjonFebruary 20, 2024

SpareBank 1 and DNB to Merge Asset Management Operations

SpareBank 1 Gruppen and DNB ASA announced an agreement to combine their respective asset management businesses, SpareBank 1 Forvaltning and DNB Asset Management. This strategic move aims to create Norway's largest asset manager, offering enhanced services and competitive advantages in both domestic and international markets. The new entity will manage significant assets and leverage the combined expertise of both organizations....more

SpareBank 1 SR-Bank ASA / Oslo Børs NewsWebApril 25, 2024

SpareBank 1 SR-Bank ASA: Results first quarter 2024 - Solid result and strong lending growth

SpareBank 1 SR-Bank ASA reported a pre-tax profit of NOK 1,551 million for the first quarter of 2024, an increase from NOK 1,270 million in the same period of 2023. The bank highlighted strong customer and lending growth, particularly in the corporate sector, and a return on equity of 14.8%....more

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