UK Markets close in 4 hrs 50 mins

SpareBank 1 SR-Bank ASA (0Q57.IL)

IOB - IOB Delayed price. Currency in NOK
Add to watchlist
116.80+0.50 (+0.43%)
As of 03:28PM BST. Market open.

SpareBank 1 SR-Bank ASA

Christen Tranes Gate 35
Stavanger 4007
Norway
47 91 50 20 02
https://www.sparebank1.no/nb/sr-bank

Sector(s)Financial Services
IndustryBanks—Regional
Full-time employees1,505

Key executives

NameTitlePayExercisedYear born
Mr. Inge ReinertsenChief Financial Officer3.39MN/A1971
Mr. Glenn SætherExec. VP of Technology Devel. & Bus. Processes3.33MN/A1966
Ms. Signe HelliesenExec. VP of Compliance1.89MN/A1976
Ms. Ella SkjorestadExec. VP of Customer Services, Insight & Marketing2.2MN/A1980
Mr. Tore MedhusExec. VP of Large Corp.3.23MN/A1965
Mr. Jan Egil FriestadExec. VP of Corp. Strategy & Projects2.71MN/A1966
Mr. Frode BøExec. VP of Risk Management3.32MN/A1968
Ms. Benedicte Schilbred FasmerChief Exec. OfficerN/AN/A1965
Mr. Stian HelgøyVP of Investor RelationsN/AN/AN/A
Mr. Nils Mikal HegrestadDirector of Credit and LegalN/AN/AN/A
Amounts are as of 31 December 2020, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in NOK.

Description

SpareBank 1 SR-Bank ASA, together with its subsidiaries, provides various financial products and services for personal and corporate customers in Southern and Western Norway. The company offers its products and services in the areas of savings, loans, advice, insurance, and pensions. It also provides foreign exchange, administrative securities, commercial properties, leasing, accounting, estate agency, payroll/HR, and securities trading services, as well as management and securities management services. In addition, the company facilitates debt and equity funding; and sells real estate properties comprising holiday homes, new builds, and used homes. Further, it is involved in the customer trading of interest rate instruments; and purchasing of home mortgages. Additionally, the company offers green loan; credit and debit cards; consulting; and mobile and online banking services. The company also serves retail and corporate, small business, and agricultural customers, as well as the public sector. As of December 31, 2021, it had 34 branches in the counties of Rogaland, Vestland, Agder, and Oslo. SpareBank 1 SR-Bank ASA was founded in 1839 and is headquartered in Stavanger, Norway.

Corporate governance

SpareBank 1 SR-Bank ASA’s ISS governance QualityScore as of 1 May 2022 is 1. The pillar scores are Audit: 1; Board: 2; Shareholder rights: 1; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.