Sparebanken ABC
Encyclopedia
Sparebanken ABC, sometimes branded as ABC Bank was a Norwegian
savings bank
based around Oslo
in existence between 1985 and 1990. The bank was a merger between Sparebanken Oslo/Akershus (founded in 1822) as Christiania Sparebank) and Fellesbanken
(founded in 1920). The bank
lasted until 1990 when it merged with four other savings banks in Eastern Norway to create Sparebanken NOR
. The bank is now part of DnB NOR
after Sparebanken NOR merged with Gjensidige
to create Gjensidige NOR
in 1999 and Gjensidige NOR merged with Den norske Bank
in 2003 to create DnB NOR.
Norway
Norway , officially the Kingdom of Norway, is a Nordic unitary constitutional monarchy whose territory comprises the western portion of the Scandinavian Peninsula, Jan Mayen, and the Arctic archipelago of Svalbard and Bouvet Island. Norway has a total area of and a population of about 4.9 million...
savings bank
Sparebank
Sparebank is a Norwegian savings bank without external owners. The Norwegian sparebanks are a separate type of juridical entity that differ from commercial banks. There are a total of 123 savings banks in Norway.- History :...
based around Oslo
Oslo
Oslo is a municipality, as well as the capital and most populous city in Norway. As a municipality , it was established on 1 January 1838. Founded around 1048 by King Harald III of Norway, the city was largely destroyed by fire in 1624. The city was moved under the reign of Denmark–Norway's King...
in existence between 1985 and 1990. The bank was a merger between Sparebanken Oslo/Akershus (founded in 1822) as Christiania Sparebank) and Fellesbanken
Fellesbanken
Fellesbanken was a Norwegian bank that existed between 1920 and 1985 with offices in Oslo, Norway. It was created as a central bank for the Norwegian savings banks as well as functioning as a commercial bank. It merged with Sparebanken Oslo/Akershus in 1985 to form Sparebanken ABC. It is now part...
(founded in 1920). The bank
Bank
A bank is a financial institution that serves as a financial intermediary. The term "bank" may refer to one of several related types of entities:...
lasted until 1990 when it merged with four other savings banks in Eastern Norway to create Sparebanken NOR
Sparebanken NOR
Union Bank of Norway branded as Sparebanken NOR was Norway's largest savings bank between 1990 and 1999. The bank was created as a merger between Sparebanken ABC and four other regional savings banks. The new bank had its headquarters in Oslo and was in existence until 1999 when it merged with...
. The bank is now part of DnB NOR
DnB NOR
DNB ASA is Norway's largest financial services group with total combined assets of more than NOK 2.0 trillion and a market capitalisation NOK 102 billion as per December the 31st. The Group includes brands such as DNB, Vital, Nordlandsbanken, Cresco, Postbanken, DnB NORD and Carlson...
after Sparebanken NOR merged with Gjensidige
Gjensidige
Gjensidige Forsikring ASA is a Norwegian insurance company. Though the company has roots back to 1689 when the fire treasury at Nes was founded, Gjensidige in its present form was founded in 2003 when the insurance division of Gjensidige NOR was not made part of its merger with Den norske Bank...
to create Gjensidige NOR
Gjensidige NOR
Gjensidige NOR was a Norwegian bank and insurance company that was in existence between 1999 and 2003. The company was created when the two savings banks Sparebanken NOR and Gjensidige were merged in 1999. In 2002 Norwegian savings banks were allowed to become public limited company and was...
in 1999 and Gjensidige NOR merged with Den norske Bank
Den norske Bank
Den norske Bank or DnB was a Norwegian bank that existed between 1990 and 2003 when it merged with Gjensidige NOR to form the present DnB NOR...
in 2003 to create DnB NOR.