About Sandnes Sparebank
Sandnes Sparebank is a company based in Sandnes (Norway) founded in 1875.. The company has 115 employees as of December 31, 2021. Sandnes Sparebank offers products and services including Daily Banking, Loans, Insurance, and Savings and Pensions. Sandnes Sparebank operates in a competitive market with competitors including Scotiabank, DNB, Sparebanken Sor, Aurskog Sparebank and BN Bank, among others.
- Headquarter Sandnes, Norway
- Employees 115 as on 31 Dec, 2021
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
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- Legal Name Rogaland Sparebank
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Annual Revenue
$103.37 M (USD)50as on Dec 31, 2022
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Net Profit
$27.8 M (USD)-5as on Dec 31, 2022
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EBITDA
$32.8 M (USD)-4as on Dec 31, 2022
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Latest Funding Round
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Investors
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Employee Count
115
as on Dec 31, 2021
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Products & Services of Sandnes Sparebank
Sandnes Sparebank offers a comprehensive portfolio of products and services, including Daily Banking, Loans, Insurance, and Savings and Pensions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Handles everyday transactions and account management for customers.
Provides various loans including home and consumer loans.
Offers insurance for cars, homes, and other assets.
Manages savings accounts and pension plans for individuals.
Funding Insights of Sandnes Sparebank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Sandnes Sparebank
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Sandnes Sparebank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sandnes Sparebank Comparisons
Competitors of Sandnes Sparebank
Sandnes Sparebank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Scotiabank, DNB, Sparebanken Sor, Aurskog Sparebank and BN Bank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Commercial banking services are provided internationally by Scotiabank.
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| domain | founded_year | HQ Location |
Commercial banking services are provided to individuals and corporations.
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| domain | founded_year | HQ Location |
Commercial banking services are provided in Norway.
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| domain | founded_year | HQ Location |
Commercial bank
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| domain | founded_year | HQ Location |
Provides personal and business banking, loans, savings, and credit cards in Norway.
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| domain | founded_year | HQ Location |
Commercial banking services are offered in Norway.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Sandnes Sparebank
When was Sandnes Sparebank founded?
Sandnes Sparebank was founded in 1875.
Where is Sandnes Sparebank located?
Sandnes Sparebank is headquartered in Sandnes, Norway. It is registered at Sandnes, Rogaland, Norway.
How many employees does Sandnes Sparebank have?
As of Dec 31, 2021, the latest employee count at Sandnes Sparebank is 115.
What is the annual revenue of Sandnes Sparebank?
Annual revenue of Sandnes Sparebank is $103.37M as on Dec 31, 2022.
What does Sandnes Sparebank do?
Sandnes Sparebank was founded in 1875 as a commercial bank based in Sandnes, Norway. Core operations involve deposit accounts, lending, and payment processing for individuals and businesses. Financial advisory services and investment products are also provided within the Norwegian market. The institution maintains a focus on regional customers, with digital access available through its domain, sandnes-sparebank.no. Regulatory compliance in the banking sector is adhered to strictly.
Who are the top competitors of Sandnes Sparebank?
Sandnes Sparebank's top competitors include Scotiabank, DNB and Sparebanken Sor.
What products or services does Sandnes Sparebank offer?
Sandnes Sparebank offers Daily Banking, Loans, Insurance, and Savings and Pensions.