SpareBank 1 SR-Bank is Norway’s largest regional bank and the second largest Norwegian-owned bank.
We offer a full range of financial services within areas such as loans, savings, advice, insurance and pensions for personal and corporate customers.
Our core area is Rogaland, although our focus on the Agder counties and Hordaland has produced good growth, both in terms of market share and profitability, in just a few years. SpareBank 1 SR-Bank’s market area covers about 25% of Norway’s population. Over the last 40 years, Southern and Western Norway, and particularly the Stavanger region, have been at the center of the development of Norway as an oil and energy producer. As one of the country’s largest financial groups, we believe we have a special responsibility to stimulate growth and development in our market area.
SpareBank 1 SR-Bank is part of the SpareBank 1 Alliance, which is a banking and product alliance between independent, locally based Norwegian banks.
SpareBank 1 SR-Bank converted from a savings bank to a public limited company (’limited liability savings bank’) with effect from 1 January 2012. The Sparebankstiftelsen SR-Bank foundation was established at the same time. The purpose of the foundation is to manage the shares received upon its formation and to exercise and maintain a substantial, long-term and stable ownership interest in SpareBank 1 SR-Bank ASA.
The foundation can distribute its surplus and, in line with savings bank traditions, donates to publicly beneficial projects in Rogaland, Aust-Agder, Vest-Agder, and Hordaland. Since the establishment of Egersund Sparebank in 1839, one of our key purposes has been to be a committed, responsible social actor. This has formed part of our basic philosophy ever since.
In March 2010 the United States passed on Foreign Account Tax Compliance Act (FATCA) to prevent US tax evasion. The purpose of FATCA is achieved by requiring foreign financial institutions to report to the US tax authorities (IRS) regarding customer relationships where the customer directly or indirectly is a resident in the US. In April 2013 Norway signed an intergovernmental agreement with the US (IGA model I) in which Norwegian public authorities undertake an obligation to ensure the collection of data from Norwegian financial institutions and then report these to the USA.
SpareBank 1 SR-Bank ASA is in this regard allocated GIIN number (Global Identification Number) J9EXAQ.00000.LE.578.
Legal Entity Identifier
Legal Entity Identifier (LEI) is a global identification number. The number is used to identify legal entities participating in financial transactions, and in connection with the financial markets reporting. The international Global Legal Entity Identifier System is established as a result of the G20's and Financial Stability Board's initiative.
SpareBank 1 SR-BANK ASA is in this regard allocated LEI number 549300Q3OIWRHQUQM052.