Sparebanken Sogn og Fjordane

What Sparebanken Sogn og Fjordane does

Sparebanken Sogn og Fjordane, doing business as SpareBank 1 Sogn og Fjordane, is a Norwegian regional savings bank founded in 1988 and headquartered in Forde, Norway. The bank provides financial services to retail customers, small-to-medium enterprises, and other clients within the Sogn og Fjordane county on the western coast of Norway. It operates as part of the SpareBank 1 alliance, evidenced by its web presence being routed through the sparebank1.no domain, which gives it access to the cooperative's shared product suite, payment infrastructure, and brand platform.

The institution's business model is consistent with traditional Norwegian savings banks: it accepts deposits and extends credit, generating revenue primarily through net interest income, supplemented by fee-based services such as payment processing, insurance distribution, and investment products made available via the SpareBank 1 alliance. It maintains 101-250 employees and operates within a tightly defined regional geography, with no evidence of expansion beyond Sogn og Fjordane. No specific product catalog, pricing model, or customer segment breakdown is disclosed in the available source material.

Operationally, the bank is structured as a private for-profit financial institution under Norwegian regulatory supervision. There is no public ticker, no disclosed parent company, and no subsidiaries listed. No mergers, acquisitions, leadership changes, regulatory actions, funding rounds, or strategic structural moves are documented in the provided data, limiting the ability to assess recent strategic direction beyond its established alliance participation and regional operating mandate.

Name

Sparebanken Sogn og Fjordane

Legal name

SpareBank 1 Sogn og Fjordane

Website

https://ssf.no

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

101–250 employees

Short description

Sparebanken Sogn og Fjordane is a Norwegian regional savings bank, founded in 1988 and headquartered in Forde, that provides deposit, lending, and allied financial services to retail and SME customers in the Sogn og Fjordane county as part of the SpareBank 1 alliance.

Ownership category

akta.pro rank

Headquarters

HQ city

Forde

HQ country

Norway

HQ region

Europe

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Core offering

Sparebanken Sogn og Fjordane is a regional savings bank headquartered in Førde, Norway, that provides financial services to retail and local business customers in the Sogn og Fjordane county. Founded in 1988 and part of the SpareBank 1 alliance, it offers standard banking products through its branch network, online and mobile channels.

Differentiator

Problem solved

Functional benefit

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves2 records

Expansion highlights2 records

Direct peers

• SpareBank 1 Østlandet: Eastern Norway partner of the SpareBank 1 alliance with the same mutual foundation governance model and shared platform. Useful peer for benchmarking the alliance economics from a different regional context.
• SpareBank 1 SMN: SpareBank 1 alliance partner serving the Trøndelag/Mid-Norway region. Operates the same shared product/IT infrastructure as Sogn og Fjordane and competes in the same broad Norwegian retail and SME banking categories.
• SpareBank 1 Nord-Norge: Another SpareBank 1 alliance savings bank operating in northern Norway. Same mutual structure, same shared alliance platform, and the same regional savings bank playbook adapted to a different Norwegian region, making it highly comparable on cost structure and product offering.
• SpareBank 1 SR-Bank: Largest SpareBank 1 alliance partner and a regional savings bank with broadly the same mutual-style operating model and shared product/IT platform. Directly comparable on business model, with Sogn og Fjordane being the more regionally concentrated and smaller-scale version.
• SpareBank 1 Vestland: Resulting entity from the 2020 merger of Sparebanken Vest and SpareBank 1 SR-Bank's regional partner, and a fellow SpareBank 1 alliance member serving overlapping western Norway geographies including Sogn og Fjordane. Closest comparable by geography, alliance membership, and product set.

Emerging players

• Sbanken: Norwegian digital-only bank offering retail deposits, loans, and cards nationwide. Represents the digital-first threat vector that pressures regional savings banks' incremental deposit and unsecured lending share in markets like Sogn og Fjordane.

Broad incumbents

• DNB Bank ASA: Norway's largest financial services group, present in retail, SME, and corporate banking nationwide including in Sogn og Fjordane. Comparable in product categories but a broad incumbent rather than a focused regional savings bank peer.
• Storebrand Bank: Norwegian bank affiliated with the Storebrand financial group, offering retail deposits and mortgages nationally. Comparable product overlap (savings, mortgages) but operating from a broader group platform rather than a pure regional savings-bank mandate.
• KLP Banken: Norwegian financial group offering retail banking, mortgages, and insurance, owned by municipal-sector pension customers. An adjacent incumbent with overlapping retail deposit and mortgage products serving Norwegian households.

Others

• JPMorgan Chase (community banking unit): Included as a thematic cross-border reference point: while the geography and scale differ greatly, JPMorgan's community banking operations offer a useful international benchmark for how scale alliances and digital investment economics play out at a regional bank.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks4 records

Key highlights4 records

Customer concentration

• Xx.com/sparebankensfj
• Facebookfacebook.com/SparebankenSognogFjordane

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sparebanken Sogn og Fjordane