Sparebank 1 Sør-Norge ASA Expands Nordic Presence with Affiliate SB1 Markets Launching in Sweden

Reuters09-01

Sparebank 1 Sør-Norge ASA Expands Nordic Presence with Affiliate SB1 Markets Launching in Sweden

SpareBank 1 Sør-Norge ASA, a notable member of the SpareBank 1 Alliance, has strengthened its presence in the Nordic region through its affiliate SB1 Markets. As part of a strategic partnership with Swedbank, SB1 Markets is set to begin operations in Sweden on 1 September 2025. This collaboration marks the establishment of a leading Nordic investment bank, with SpareBank 1 Sør-Norge holding a 28.1 percent ownership stake. Swedbank has also acquired a 20 percent stake in SB1 Markets, which will operate with a branch in Stockholm, employing 65 individuals in Sweden and totaling 260 employees. The remaining shares are primarily held by other SpareBank 1 banks, contributing to the robust Nordic banking alliance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sparebank 1 Sor-Norge ASA published the original content used to generate this news brief on September 01, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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