Sparebanken Hedmark
Encyclopedia
Sparebanken Hedmark is a Norwegian
savings bank
based in the county of Hedmark
, the company head office is in Hamar
. The bank is present in 20 out of 22 municipalities - 27 offices in Hedmark.
The bank has some 165,000 customers. In the municipalities where being present, about 60 percent of the local inhabitants have a customer relationship with the Bank.
The bank is a self-owned regional savings bank - no Primary Capital Certificates (Norwegian: grunnfondsbevis) are issued. Based on high levels of profitability and capital adequacy, the Bank shall remain an independent and attractive partner for its customers and in that way contribute to growth and development within the county of Hedmark.
Member of the alliance
SpareBank 1
holding 12% ownership of Sparebank 1 Gruppen as, June 2006.
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
Savings bank
A savings bank is a financial institution whose primary purpose is accepting savings deposits. It may also perform some other functions.In Europe, savings banks originated in the 19th or sometimes even the 18th century. Their original objective was to provide easily accessible savings products to...
based in the county of Hedmark
Hedmark
is a county in Norway, bordering Sør-Trøndelag, Oppland and Akershus. The county administration is in Hamar.Hedmark makes up the northeastern part of Østlandet, the southeastern part of the country. It includes a long part of the borderline with Sweden, Dalarna County and Värmland County. The...
, the company head office is in Hamar
Hamar
is a town and municipality in Hedmark county, Norway. It is part of the traditional region of Hedmarken. The administrative centre of the municipality is the town of Hamar. The municipality of Hamar was separated from Vang as a town and municipality of its own in 1849...
. The bank is present in 20 out of 22 municipalities - 27 offices in Hedmark.
The bank has some 165,000 customers. In the municipalities where being present, about 60 percent of the local inhabitants have a customer relationship with the Bank.
The bank is a self-owned regional savings bank - no Primary Capital Certificates (Norwegian: grunnfondsbevis) are issued. Based on high levels of profitability and capital adequacy, the Bank shall remain an independent and attractive partner for its customers and in that way contribute to growth and development within the county of Hedmark.
Member of the alliance
Business alliance
A business alliance is an agreement between businesses, usually motivated by cost reduction and improved service for the customer. Alliances are often bounded by a single agreement with equitable risk and opportunity share for all parties involved and are typically managed by an integrated project...
SpareBank 1
Sparebank 1
SpareBank 1 is a Norwegian alliance and brand name for savings bank. The alliance is organised through the company SpareBank 1 Gruppen AS that is owned by the participating banks. In total the alliance is Norway's second largest bank with total assets of NOK 625 billion, 352 branches and 6300...
holding 12% ownership of Sparebank 1 Gruppen as, June 2006.