AUM NOK 29 Billion
ECC-ownership 65%
Market cap NOK 2.1 Billion
Retail customers 72%
Corporate customers 28%
Market and Customers
- Customer base of 35.000 retail customers and 3,500 businesses
- Our home market consists of nine municipalities in Rogaland: Sandnes, Gjesdal, Stavanger, Time, Klepp, Sola, Randaberg, Hå and Bjerkreim
- The home market covers more than 300,000 people and 25,000 businesses
The Largest Bank in the Eika Alliance
- Cost efficiency
- Modern, safe and profitable payment solutions
- Asset management, insurance, credit cards, car loans and leasing
- IT and infrastructure
- Converting core bank system in 2022
Organization
- 146 years of banking operations
- SSB Boligkreditt (covered bond issuer) a wholly owned subsidiary of SADG.
- 60% ownership of AKTIV Eiendomsmegling Jæren (realtor)
- 50 % ownership of Kjell Haver Regnskapsservice (accounting firm)
Key stats
- 23 municipalities
- 475.000 inhabitants
- GDP per capita above national average
Demographics
- Young population
- Large share with higher education
- High productivity
Economy
- The energy capital of Norway
- Important agricultural region
- Cluster for innovation
- Significant investments to reduced dependance on oil & gas - transitioning towards renewable energy
- Limited Covid-19 effects
Attachments
- Original document
- Permalink
Disclaimer
Sandnes Sparebank published this content on 14 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 June 2021 07:15:02 UTC.