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

109.40 -0.30 (-0.27%) At close: 05:59PM 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): 
Industry: 
Full-time employees: 1,750

Key executives

Name	Title	Pay	Exercised	Year born
Ms. Benedicte Schilbred Fasmer	Chief Executive Officer	6.77M	N/A	1965
Mr. Inge Reinertsen	Chief Financial Officer	4.3M	N/A	1971
Mr. Glenn Sæther	Executive Vice President of Technology Development & Business Processes	4.06M	N/A	1966
Ms. Signe Helliesen	Executive Vice President of Compliance	2.24M	N/A	1976
Ms. Nina Moi Edvardsen	Executive Vice President of People, Sustainability & Communications	2.21M	N/A	1972
Ms. Ella Skjorestad	Executive Vice President of Marketing, Insight & Customer Offer	2.8M	N/A	1980
Mr. Tore Medhus	Executive Vice President of Large Corporates	4.18M	N/A	1965
Mr. Jan Egil Friestad	Executive Vice President of Corporate Strategy & Projects	3.38M	N/A	1966
Mr. Frode Bø	Executive Vice President of Risk Management	3.84M	N/A	1968
Mr. Roger Lund Antonesen	Executive Vice President 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 primarily in Rogaland, Agder, Vestland, Oslo, and Viken. The company operates through Retail Customers, SME & Agriculture, and Large Corporates segments. It offers savings, loans, insurance, and pension products. The company also provides account and payment, international cash management, foreign exchange, administrative securities, accounting, estate agency, payroll, HR, securities trading, and investment services; green loans; credit cards; consulting; home financing; commercial properties for leasing; and banking services. In addition, it facilitates and advises 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 serves retail and corporate, SME, 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 May 2024 is 1. The pillar scores are Audit: 1; Board: 2; Shareholder rights: 4; Compensation: 1.

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.