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

131.20 +2.60 (+2.02%) At close: 06:03PM BST

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
Industry: Banks - Regional
Full-time employees: 1,571

Key executives

Name	Title	Pay	Exercised	Year born
Ms. Benedicte Schilbred Fasmer	Chief Exec. Officer	6.77M	N/A	1965
Mr. Inge Reinertsen	Chief Financial Officer	4.3M	N/A	1971
Mr. Glenn Sæther	Exec. VP of Technology Devel. & Bus. Processes	4.06M	N/A	1966
Ms. Signe Helliesen	Exec. VP of Compliance	2.24M	N/A	1976
Ms. Nina Moi Edvardsen	Exec. VP of People, Sustainability & Communications	2.21M	N/A	1972
Ms. Ella Skjorestad	Exec. VP of Marketing, Insight & Customer Offer	2.8M	N/A	1980
Mr. Tore Medhus	Exec. VP of Large Corp.	4.18M	N/A	1965
Mr. Jan Egil Friestad	Exec. VP of Corp. Strategy & Projects	3.38M	N/A	1966
Mr. Frode Bø	Exec. VP of Risk Management	3.84M	N/A	1968
Mr. Roger Lund Antonesen	Exec. VP of Retail Market	3.68M	N/A	1975

Amounts are as of 31 December 2021, 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 operates through Retail customers, SME & Agriculture, and Large Corporates segments. It offers its products and services in the areas of savings, loans, insurance, and pensions. The company also provides foreign exchange, administrative securities, commercial properties, leasing, accounting, advisory, estate agency, payroll/HR, securities trading, and investments services; green loans; credit and debit cards; consulting; and banking services. In addition, it facilitates debt and equity funding; and sells real estate properties comprising holiday homes, new builds, and used homes. Further, the company is involved in the customer trading of interest rate instruments; and purchasing of home mortgages. It also serves retail and corporate, small business, and agricultural customers, as well as the public sector. The company was founded in 1839 and is headquartered in Stavanger, Norway.

Corporate governance

SpareBank 1 SR-Bank ASA’s ISS governance QualityScore as of 1 October 2023 is 1. The pillar scores are Audit: 1; Board: 1; Shareholder rights: 1; Compensation: 3.

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.