SpareBank 1 Gruppen

SpareBank 1 Gruppen AS is a Norwegian holding company established in 1996 and owned by several banks and organisations associated with the SpareBank 1 Alliance. The listed owners include SpareBank 1 Nord-Norge, SpareBank 1 SMN, SpareBank 1 SR-Bank, SpareBank 1 Østlandet, Samarbeidende Sparebanker AS, and the Norwegian Confederation of Trade Unions (LO) and affiliated unions. The ownership figures given in the supplied Norwegian-language account are 19.5% each for SpareBank 1 Nord-Norge, SpareBank 1 SMN, SpareBank 1 SR-Bank, and Samarbeidende Sparebanker AS; 12.4% for SpareBank 1 Østlandet; and 9.6% for LO and affiliated unions. The company has an administrative role in the alliance’s cooperation processes. These processes focus on technology, the shared brand, expertise, common processes and use of best practice, and procurement. The source describes the broader SpareBank 1 Alliance as the collective term for the independent SpareBank 1 banks, SpareBank 1 Gruppen AS and its subsidiaries, and other companies directly owned by the banks. It describes the alliance as a Norwegian banking collaboration formed in 1996 among 13 banks, organised through jointly owned companies including SpareBank 1 Gruppen AS and SpareBank 1 Utvikling DA, as well as subsidiaries and other directly owned companies. SpareBank 1 Gruppen’s listed wholly owned companies include Conecto, Odin Forvaltning, SpareBank 1 Factoring, SpareBank 1 Forsikring, and SpareBank 1 Portefølje. The source also reports a 51.44% holding in Fremtind Forsikring and a 49% holding in LOfavør. Separately, it says SpareBank 1 developed and owns Spleis, a Norwegian digital fundraising service established in 2017. The alliance also includes EiendomsMegler 1, whose chain has a shared central office while individual offices are directly owned by the respective SpareBank 1 banks. The supplied account describes the alliance as having more than 350 offices and approximately 5,400 employees in total, of whom approximately 1,400 are associated with SpareBank 1 Gruppen and its subsidiaries. These are alliance-wide figures and should not be read as standalone figures for the holding company. The source identifies Kirsten Idebøen as managing director from 2009 until 1 April 2015; it does not establish the current executive team.

SpareBank 1 Gruppen was established in 1996 as part of the development of the SpareBank 1 Alliance, a Norwegian banking collaboration. The supplied Norwegian-language account describes the alliance as a cooperation among 13 banks under the shared SpareBank 1 brand, organised through jointly owned companies including SpareBank 1 Gruppen AS and SpareBank 1 Utvikling DA, their subsidiaries, and other companies directly owned by participating banks. The company’s role is administrative coordination of alliance-wide cooperation. Its remit, as described in the source, includes technology, the common brand, expertise, shared processes and the use of best practice, and procurement. The source also notes that the alliance carries out development work through three competence centres focused on learning in Tromsø, payments in Trondheim, and credit in Stavanger. This describes alliance activity rather than establishing that each centre is a standalone product of SpareBank 1 Gruppen. The company’s ownership is distributed among member banks and affiliated organisations. The source gives ownership shares of 19.5% each for SpareBank 1 Nord-Norge, SpareBank 1 SMN, SpareBank 1 SR-Bank, and Samarbeidende Sparebanker AS; 12.4% for SpareBank 1 Østlandet; and 9.6% for LO and unions affiliated with LO. It lists several wholly owned companies: Conecto, Odin Forvaltning, SpareBank 1 Factoring, SpareBank 1 Forsikring, and SpareBank 1 Portefølje. It also reports partial holdings in Fremtind Forsikring and LOfavør. The source identifies Spleis as a Norwegian digital fundraising service developed and owned by SpareBank 1, and states that it was established in 2017. The alliance also includes the EiendomsMegler 1 estate-agency chain, whose central office is shared while individual offices are owned directly by the respective SpareBank 1 banks. The Norwegian account reports that the alliance has more than 350 offices and around 5,400 employees, with about 1,400 associated with SpareBank 1 Gruppen and its subsidiaries. These figures are reported for the alliance and its related structure, not as standalone measures of the holding company. Kirsten Idebøen is identified as managing director from 2009 until 1 April 2015. The supplied evidence does not provide a later leadership history or current management information.

• 2017

  Spleis established

• 2015

  End of Kirsten Idebøen's stated tenure

• 2009

  Kirsten Idebøen begins managing-director period

• 1996

  SpareBank 1 Gruppen established

A Norwegian holding company and administrative coordinator for shared capabilities and cooperation within the SpareBank 1 banking alliance.

• Spleis

  A Norwegian digital fundraising service described as developed and owned by SpareBank 1; established in 2017.

• SpareBank 1 Forsikring

  Listed in the source among SpareBank 1 Gruppen's wholly owned companies.

• Fremtind Forsikring

  The source reports a 51.44% holding.

• LOfavør

  The source reports a 49% holding.

1. 1SpareBank 1 Gruppenno.wikipedia.org
2. 2SpareBank 1 Gruppenwikidata.org