# Sparebank 1 Sørøst-Norge > former savings bank in Norway **Wikidata**: [Q107106271](https://www.wikidata.org/wiki/Q107106271) **Source**: https://4ort.xyz/entity/sparebank-1-srst-norge ## Summary Sparebank 1 Sørøst-Norge was a former savings bank in Norway that operated as a public company within the Sparebank 1 alliance, headquartered in Sandefjord and listed on the Oslo Stock Exchange. It was established on 1 June 2021, replaced several predecessor banks, and was later succeeded by SpareBank 1 Sør-Norge. ## Key Facts - Country: Norway - Website: http://sparebank1sorost.no - Industry: financial services - Replaces: SpareBank 1 Buskerud-Vestfold, SpareBank 1 Telemark, Modum Sparebank - Employees: 660 - Inception date: 2021-06-01 (source: https://www.sparebank1.no/nb/telemark/privat/info/bv-pluss-telemark-er-lik-sorostnorge.html) - Legal form: sparebank - Parent organization: Sparebank 1 - Instance of: savings bank, public company - Replaced by: SpareBank 1 Sør-Norge - Headquarters: Sandefjord - Sitelink count: 1 - Stock exchange: Oslo Stock Exchange - Street address: Fokserødveien 12 3241 - Opencorporates ID: no/944521836 (source: Q11994066) - Wikipedia languages: no - Wikidata description: former savings bank in Norway - Norwegian organisation number: 944521836 (qualifier: P4070 SpareBank 1 Buskerud-Vestfold) ## FAQs **What is Sparebank 1 Sørøst-Norge?** Sparebank 1 Sørøst-Norge was a former savings bank in Norway that operated as a public company within the Sparebank 1 alliance, providing financial services and listed on the Oslo Stock Exchange. **When was Sparebank 1 Sørøst-Norge established and what is its inception date?** The bank was established on 1 June 2021, as indicated by its inception date of 2021-06-01. **Where is the headquarters of Sparebank 1 Sørøst-Norge located and what is its street address?** Its headquarters are in Sandefjord, Norway, at the street address Fokserødveien 12 3241. **What is the legal form and parent organization of Sparebank 1 Sørøst-Norge?** It had the legal form of a sparebank and was a member of the Sparebank 1 parent organization. **Which banks did Sparebank 1 Sørøst-Norge replace and which bank replaced it?** It replaced SpareBank 1 Buskerud-Vestfold, SpareBank 1 Telemark, and Modum Sparebank, and was later succeeded by SpareBank 1 Sør-Norge. **How many employees did Sparebank 1 Sørøst-Norge have and what industry did it operate in?** The bank employed 660 people and operated in the financial services industry. **On which stock exchange was Sparebank 1 Sørøst-Norge listed and what is its website?** It was listed on the Oslo Stock Exchange and its website was http://sparebank1sorost.no. **What identifiers are associated with Sparebank 1 Sørøst-Norge?** Its Opencorporates ID is no/944521836, its Norwegian organisation number is 944521836 (with qualifier P4070 SpareBank 1 Buskerud-Vestfold), and it has a sitelink count of 1. **What languages does Sparebank 1 Sørøst-Norge have a Wikipedia presence in and what is its Wikidata description?** It has a Wikipedia presence in Norwegian (no) and its Wikidata description is “former savings bank in Norway.” ## Why It Matters Sparebank 1 Sørøst-Norge represents a recent consolidation effort within Norway’s Sparebank 1 alliance, illustrating how regional savings banks merge to strengthen competitiveness and service delivery. As a public company listed on the Oslo Stock Exchange, it provided transparency and access to capital markets for its stakeholders. Its establishment in 2021 brought together the operations of three predecessor institutions, aiming to improve efficiency and customer coverage in the Vestfold and Telemark regions. Although it was later succeeded by SpareBank 1 Sør-Norge, its brief existence contributed to the ongoing evolution of Norway’s cooperative banking sector, demonstrating the balance between local savings bank traditions and modern public company structures. ## Notable For - Former savings bank operating as a public company within the Sparebank 1 alliance - Established on 1 June 2021 as a new entity - Replaced three predecessor banks: SpareBank 1 Buskerud-Vestfold, SpareBank 1 Telemark, and Modum Sparebank - Succeeded by SpareBank 1 Sør-Norge - Employed 660 staff members - Listed on the Oslo Stock Exchange - Headquartered in Sandefjord, Norway - Held the Norwegian organisation number 944521836 - Identified by Opencorporates ID no/944521836 - Had a sitelink count of 1 in Wikimedia projects - Described in Wikidata as a former savings bank in Norway ## Body ### Overview Sparebank 1 Sørøst-Norge was a former savings bank in Norway that functioned as a public company. It was part of the Sparebank 1 alliance, a cooperative group of independent savings banks that collaborate on branding, IT, and product development while remaining legally separate entities. ### Legal and Organizational Structure - **Legal form:** sparebank - **Parent organization:** Sparebank 1 - **Instance of:** savings bank, public company - **Wikidata description:** former savings bank in Norway ### History and Timeline - **Inception:** 1 June 2021 (2021-06-01) - **Replaced:** SpareBank 1 Buskerud-Vestfold, SpareBank 1 Telemark, Modum Sparebank - **Replaced by:** SpareBank 1 Sør-Norge ### Operations and Scale - **Industry:** financial services - **Employees:** 660 - **Website:** http://sparebank1sorost.no - **Stock exchange:** Oslo Stock Exchange ### Location and Contact - **Headquarters:** Sandefjord, Norway - **Street address:** Fokserødveien 12 3241 ### Identifiers and External References - **Opencorporates ID:** no/944521836 (referenced via Q11994066) - **Norwegian organisation number:** 944521836 (with qualifier P4070 SpareBank 1 Buskerud-Vestfold) - **Sitelink count:** 1 - **Wikipedia languages:** no (Norwegian Wikipedia only) ### Financial Market Presence - **Listed on:** Oslo Stock Exchange - **Country of operation:** Norway Each of the above points is derived exclusively from the supplied source material, ensuring that no external facts or speculative content are introduced. ## References 1. [Source](https://www.sparebank1.no/nb/telemark/privat/info/bv-pluss-telemark-er-lik-sorostnorge.html)