SpareBank 1 Nord-Norge

What SpareBank 1 Nord-Norge does

SpareBank 1 Nord-Norge is a Norwegian regional savings bank operating in Northern Norway. The firm is part of the SpareBank 1 alliance — a federation of independent Norwegian savings banks — as evidenced by its URL routing through the alliance portal (sparebank1.no/nb/nord-norge.html) and its dedicated domain (snn.no). The legal name on record is SpareBank 1 Nord-Norge, the company is operating, and it has no disclosed parent entity or subsidiaries in the source data.

The firm operates with 556 employees, giving it the scale of a mid-sized regional bank in the Norwegian market. As a savings bank ("sparebank"), its core function is the acceptance of deposits and the provision of loans to retail and corporate customers within its geographic territory, alongside the standard suite of banking and financial services typically associated with the SpareBank 1 alliance product catalogue. No specific product list, pricing model, technology stack, or revenue mechanics are disclosed in the supplied source material.

The input data does not include revenue figures, asset or deposit bases, customer segments, partnership arrangements, management team details, regulatory actions, or strategic transaction history. Public listing status is also not confirmed in the source, though the ticker field is recorded as "NA". Consequently, financial performance, customer mix, and competitive positioning can only be inferred from the bank's regional scope, alliance membership, and headcount, rather than from first-party disclosures.

Name

SpareBank 1 Nord-Norge

Legal name

SpareBank 1 Nord-Norge

Website

https://snn.no

Company type

Private

Operating status

Operating

Headcount range

501–1,000 employees

Short description

SpareBank 1 Nord-Norge is a Norwegian regional savings bank serving retail and corporate customers in Northern Norway as a member of the SpareBank 1 alliance, operating with 556 employees via its snn.no platform.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Credit Unions (52213)

SIC

Savings Institution, Federally Chartered (6035)

akta.pro primary industry

Mutual Savings Banks & Mutual Thrifts (FSABAEAD)

Keywords

• Retail banking services
• Savings bank products
• Consumer lending
• Corporate banking
• Wealth management

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Core offering

SpareBank 1 Nord-Norge is a regional Norwegian savings bank headquartered in Northern Norway, offering retail and commercial banking products and services including deposits, loans, mortgages, payment services, and wealth management solutions to private customers, businesses, and public-sector entities operating in its regional market. It is part of the broader SpareBank 1 alliance, which enables distribution of insurance, real-estate brokerage, and capital-markets services through partner entities.

Differentiator

Problem solved

Functional benefit

Products and services

• Retail Banking Accounts and Deposits

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Expansion highlights2 records

Direct peers

• Sparebanken Sør: Southern Norway savings bank with a similar regional retail and SME banking focus. Comparable as a Norwegian savings bank of similar scale and customer mix.
• SpareBank 1 SMN: Mid-Norway savings bank and SpareBank 1 alliance member serving Trondheim and surrounding regions. Directly comparable regional savings bank with shared alliance economics, similar product set, and overlapping customer segments.
• SpareBank 1 SR-Bank: Largest member of the SpareBank 1 alliance, headquartered in Stavanger. Closely comparable as a regional Norwegian savings bank operating under the same alliance infrastructure, brand, and product platform as SpareBank 1 Nord-Norge.
• Sparebanken Vest: Independent regional savings bank on Norway's west coast. Comparable as a Norwegian savings bank competing in regional retail and SME banking, with similar funding model and product offering.
• SpareBank 1 Østlandet: SpareBank 1 alliance member serving Eastern Norway. Comparable as a regional savings bank leveraging the same shared IT, brand, and product infrastructure as SpareBank 1 Nord-Norge.

Broad incumbents

• DNB Bank: Norway's largest financial services group with nationwide retail, corporate, and capital markets offerings. Overlaps with SpareBank 1 Nord-Norge across retail deposits, mortgages, and SME lending, but at much greater scale and product breadth.
• Nordea Bank (Norway): Nordic universal bank with a Norwegian retail and corporate franchise. Competes with SpareBank 1 Nord-Norge for retail and SME customers in Northern Norway while offering a much wider product portfolio.
• Handelsbanken (Norway): Branch-led universal bank operating across Norway with a relationship banking model. Overlaps with SpareBank 1 Nord-Norge in SME and retail banking in the regions it serves.

Market position

Strengths3 records

Weaknesses3 records

Competitive moat3 records

Key risks2 records

Key highlights3 records

Customer concentration

• LinkedInlinkedin.com/company/sparebankennordnorge

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 SpareBank 1 Nord-Norge