Power to growth and development

The vision, purpose, and values of SpareBank 1 SR-Bank are decisive for the direction in which the group, employees and culture are to develop. This is the foundation for everything we do, both in everyday life and in the long-term perspective.

SpareBank 1 SR-Bank’s purpose is to provide power to growth and development. For over 180 years, we have been aiming towards this goal. We contribute to developing local communities and cities in our market areas, by raising and forward capital. We are constantly developing, and expanding the area we call our region and our market area.

Our entire organization, no matter where you meet us, should prioritize the customer. It is crucial in achieving our vision of being the customer’s first choice. It’s a position we must work for every single day.

SpareBank 1 SR-Bank should be a bank with high ethical standard. Our values define the attitude we should have in our organization. It will be used towards difficult decisions and adhered to in everyday work.


Our history

SpareBank 1 SR-Bank has it’s roots in more than 40 different local savings banks in Western Norway. The earliest one was established in Egersund in 1839.


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. 

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