Sparebanken Sør is a local savings bank, focused on retail banking and insurance products and services to local residends: private individuals, SMEs and companies. The range of products offered by Sparebanken Sør includes current accounts, payment cards, savings accounts, consumer loans, car loans and mortgage loans.
Sparebanken Sør is the 8th largest bank in Norway in terms of total assets. In 2019 its total assets were 91 343,73 mln NOK, providing the bank with the market share of 2.21%. Sparebanken Sør is the 6th largest savings bank in Norway (out of 95 savings banks) having market share of 5.95% amongst the banks of this category. In 2019 the bank's operating income was 1 164,35 mln NOK.
Sparebanken Sør is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is A1 (upper medium grade).
Sparebanken Sør participates in the deposit guarantee scheme of Norway. This deposit guarantee scheme applies to current accounts, savings accounts, time deposit accounts made by natural persons (Norwegian and foreign), legal entities (Norwegian and foreign) and covers up to up to 2,000,000 NOK per bank per depositor. Sparebanken Sør is a member of Norwegian Banks' Guarantee Fund (NBGF) and makes its contributions into it.
Sparebanken Sør is located in ARENDAL.
Sparebanken Sør is authorized and supervised by the Financial Supervisory Authority of Norway.