SpareBank 1 Østlandet
| Company type | Savings bank |
|---|---|
| Industry | Banking |
| Predecessors |
|
| Founded | 1845 |
| Headquarters | Hamar, Norway |
Area served | Oslo Innlandet Viken |
Key people | Richard Heiberg (CEO) |
Number of employees | 1119 (2019) |
| Website | www |
SpareBank 1 Østlandet (OSE: SPOL), formerly Sparebanken Hedmark and Bank 1 Oslo Akershus, is the fourth largest Norwegian savings bank and is based in eastern Norway. The bank ́s major market is in the counties of Innlandet, Oslo and Viken. The company head office is situated in Hamar, and the bank has 37 branches in its market area. SpareBank 1 Østlandet is part of the SpareBank 1 alliance.
SpareBank 1 Østlandet ́s equity certificate was listed at Oslo Stock Exchange at the 13th of June 2017 with the ticker SPOL.
SpareBank 1 Østlandet was the first Norwegian bank to share its profit by paying customer dividends.
Member of the alliance SpareBank 1 holding 12,4 % ownership of Sparebank 1 Gruppen AS, 2019.
Subsidiaries:
- Estate agency (EiendomsMegler 1 Innlandet AS)
- Estate agency (EiendomsMegler 1 Oslo Akershus AS)
- Leasing and asset financing (SpareBank 1 Finans Østlandet AS)
- Accounting and consultancy chain (TheVIT AS)
History
[edit ]The bank has its roots back to 1845, and today's modern bank is a result of several mergers of local savings banks through the history. The last found place in 2017 when Bank 1 Oslo Akershus AS was merged in.