Head office of Sparebanken Midt-Norge in downtown Trondheim
The bank has 71 branches in 51 municipalities in Central Norway and is part of the bank allianceSpareBank 1. In Nord-Trøndelag and Sør-Trøndelag the bank is branded SpareBank 1 Midt-Norge while it is branded SpareBank 1 Romsdals Fellesbank in Møre og Romsdal but in April 2008 the bank changed its name to Sparebank 1 SMN. The company has its head office in Trondheim.The CEO is Finn Haugan. [1]
The bank has total assets of NOK 46 billion, making it the 9th largest bank in Norway. In Trøndelag the bank has a market share of 38% while it has a 28% marked share in Romsdal. The bank serves both private customers in addition to agricultural, small and medium-sized businesses in addition to the public sector.
The bank has roots to Trondhjems Sparebank which was founded to 1823. Sparebanken Midt-Norge was created in 1984 when 23 savings banks in Trøndelag merged to create a regional savings bank. In 1988 Spareskillingsbanken was also merged into the bank. The bank created grunnfondsbevis in 1994 and listed itself on Oslo Stock Exchange. In 1996 it was one of the founding banks of the alliance SpareBank 1, where it today holds a 19.5% ownership. In 2005 it bought the commercial bank Romsdals Fellesbank.[2]
The Norwegian subsidiary of Iceland’s Glitnir Bank, Glitnir Bank ASA in Norway, was sold for NOK 300 million on October 21, 2008, or ISK 5.5 billion, but its current worth is estimated at ISK 36.5 billion . Glitnir ASA was bought by 20 savings banks. The takeover was led by Finn Haugan, the managing director of Sparebank 1 SMN which acquired a 25-percent stake in the bank.[3]
sparebank, norwegian, savings, bank, based, trøndelag, company, typesavings, banktraded, ming, industrybankingfounded1823headquarterstrondheim, norwayarea, servednorwaykey, peoplefinn, haugan, number, employees711, 2005, websitewww, head, office, sparebanken, . SpareBank 1 SMN is a Norwegian savings bank based in Trondelag SpareBank 1 SMNCompany typeSavings bankTraded as OSE MING IndustryBankingFounded1823HeadquartersTrondheim NorwayArea servedNorwayKey peopleFinn Haugan CEO Number of employees711 2005 Websitewww wbr smn wbr no Head office of Sparebanken Midt Norge in downtown Trondheim The bank has 71 branches in 51 municipalities in Central Norway and is part of the bank alliance SpareBank 1 In Nord Trondelag and Sor Trondelag the bank is branded SpareBank 1 Midt Norge while it is branded SpareBank 1 Romsdals Fellesbank in More og Romsdal but in April 2008 the bank changed its name to Sparebank 1 SMN The company has its head office in Trondheim The CEO is Finn Haugan 1 The bank has total assets of NOK 46 billion making it the 9th largest bank in Norway In Trondelag the bank has a market share of 38 while it has a 28 marked share in Romsdal The bank serves both private customers in addition to agricultural small and medium sized businesses in addition to the public sector Contents 1 History 2 Awards 3 References 4 External linksHistory editThe bank has roots to Trondhjems Sparebank which was founded to 1823 Sparebanken Midt Norge was created in 1984 when 23 savings banks in Trondelag merged to create a regional savings bank In 1988 Spareskillingsbanken was also merged into the bank The bank created grunnfondsbevis in 1994 and listed itself on Oslo Stock Exchange In 1996 it was one of the founding banks of the alliance SpareBank 1 where it today holds a 19 5 ownership In 2005 it bought the commercial bank Romsdals Fellesbank 2 The Norwegian subsidiary of Iceland s Glitnir Bank Glitnir Bank ASA in Norway was sold for NOK 300 million on October 21 2008 or ISK 5 5 billion but its current worth is estimated at ISK 36 5 billion Glitnir ASA was bought by 20 savings banks The takeover was led by Finn Haugan the managing director of Sparebank 1 SMN which acquired a 25 percent stake in the bank 3 Awards editIn collaboration with the Royal Norwegian Society of Sciences and Letters the bank awards the biannual Gunnerus Sustainability Award References edit John Sund 30 August 2003 Finn Haugan adressa no nyheter Retrieved July 15 2016 The story of SpareBank 1 SMN SpareBank 1 SMN Retrieved July 15 2016 Glitnir ASA in Norway Sold under Value Iceland Review Online Archived from the original on 2011 06 05 Retrieved 2010 01 21 External links edit nbsp Banks portal Corporate web site 63 25 54 N 10 23 59 E 63 43167 N 10 39972 E 63 43167 10 39972 Retrieved from https en wikipedia org w index php title SpareBank 1 SMN amp oldid 1194846248, wikipedia, wiki, book, books, library,
