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Sparebanken Sør

From Wikipedia, the free encyclopedia
Defunct Norwegian savings bank
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Sparebanken Sør
Company typeSavings bank
IndustryFinancial services
Defunct1 May 2025; 6 months ago (2025-05-01)
SuccessorsSparebanken Norge
HeadquartersKristiansand,Norway
Area served
Agder
Telemark
SubsidiariesSør Boligkreditt AS
Sørmegleren (90%)
Websitewww.sor.no

Sparebanken Sør was asavings bank based inKristiansand, Norway. Sparebanken Sør´s main market was located in the counties ofAgder,Telemark andRogaland.

There were 31 branches in this district serving the customers. The internet and mobile banking services are among the most modern in Norway. Sparebanken Sør was an independent savings bank with total assets of BNOK 90, and 500 man-years as of 1 January 2014.

The bank's main products were savings, loans and domestic and international payment services. In cooperation with other savings banks, Sparebanken Sør owned companies for insurance,securities and leasing/factoring, and the bank sold their products.

Sparebanken Sør was regulated by theFinancial Supervisory Authority of Norway (Finanstilsynet).

History

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Sparebanken Sør’s history goes back to the year 1824 and 1825, when Christianssands Sparebank and Arendals Sparebank - two of the first banks in Norway - were established, respectively. In 1973, the bank merged with four other savings banks in the county of Aust-Agder and formed Aust-AgderSparebank.

Sparebanken Sør was established in 1984, after a merger between Aust-Agder Sparebank, two other savings banks in Aust-Agder and nine in Vest-Agder. Since then, the bank has merged with savings banks in Telemark, and even opened branches in Grenland, the most populous part of Telemark.

Sparebanken Sør merged with Sparebanken Vest in 2025 to formSparebanken Norge.

References

[edit]

Sparebanken Sør's webpage

Retrieved from "https://en.wikipedia.org/w/index.php?title=Sparebanken_Sør&oldid=1300618739"
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