SpareBank 1 SMN

SpareBank 1 SMN
Company typeSavings bank
(OSE: MING)
IndustryBanking
Founded1823
HeadquartersTrondheim, Norway
Area served
Norway
Key people
Finn Haugan (CEO)
Number of employees
711 (2005)
Websitewww.smn.no
Head office of Sparebanken Midt-Norge in downtown Trondheim

SpareBank 1 SMN is a Norwegian savings bank based in Trøndelag.

The bank has 71 branches in 51 municipalities in Central Norway and is part of the bank alliance SpareBank 1. In Nord-Trøndelag and Sør-Trøndelag the bank is branded SpareBank 1 Midt-Norge while it is branded SpareBank 1 Romsdals Fellesbank in Møre og Romsdal but in April 2008 the bank changed its name to Sparebank 1 SMN. The company has its head office in Trondheim. The CEO is Finn Haugan. [1]

The bank has total assets of NOK 46 billion, making it the 9th largest bank in Norway. In Trøndelag the bank has a market share of 38% while it has a 28% marked share in Romsdal. The bank serves both private customers in addition to agricultural, small and medium-sized businesses in addition to the public sector.

  1. ^ John Sund (30 August 2003). "Finn Haugan". adressa.no/nyheter. Retrieved July 15, 2016.