- CEO
- Siri Berggreen
- Full Time Employees
- 89
- Sector
- Finance
- Industry
- Savings banks
- Address
- Lillestrøm Norway
- IPO Date
- Dec 8, 2017
- Business
- Romerike Sparebank is a Norwegian regional savings bank that provides comprehensive retail banking, commercial banking, insurance, and wealth management services to individuals, agricultural clients, and small to medium-sized enterprises across the Romerike district and Greater Oslo region in Norway. Founded in 1887 and headquartered in Lillestrøm, Norway, the bank operates as an independent member and co-owner of the Eika Alliance, leveraging shared technological infrastructure, asset management capabilities, and product development resources. The bank distributes its financial solutions through a network of regional branch offices located in Lillestrøm, Sørumsand, Lørenskog, Stovner, Råholt, and Jessheim, complemented by proprietary online and mobile banking platforms.
The company offers a broad portfolio of financial products and services organized into key operating areas: retail banking, which encompasses standard checking accounts, specialized savings accounts, and tax-incentivized youth housing savings (BSU); residential mortgages, green mortgages for energy-efficient homes, first-time homebuyer loans, and home refinancing facilities; consumer asset financing for automobiles, motorcycles, boats, campers, and all-terrain vehicles; construction loans, renovation credit lines, and debt restructuring loans; payment cards, international transfers, and mobile payment integrations including Vipps and BankID; corporate banking, which provides commercial checking and deposit accounts; working capital loans, revolving operating credits, commercial mortgages, and development project financing; cash management, payroll processing, and merchant services; equipment and vehicle leasing solutions; wealth management and investment services, including mutual funds, exchange-traded equity funds, personal share savings accounts (Aksjesparekonto), and mandatory occupational pension (OTP) plans as well as individual retirement pension schemes (IPS) managed through Eika Kapitalforvaltning; insurance products, including homeowner, contents, motor vehicle, leisure craft, travel, personal accident, disability, and life insurance policies offered in cooperation with alliance insurance partners; and real estate brokerage services, covering residential property sales, commercial real estate brokerage, and property valuation provided through its affiliated agency Romerike Eiendomsmegling AS under the Aktiv Eiendomsmegling brand.
In recent developments, Romerike Sparebank completed a strategic merger with Blaker Sparebank, significantly expanding its regional asset base, customer network, and geographic footprint in the Romerike area. The institution has also executed a strategic capital reorganization by converting portions of its primary community capital into equity certificate owner capital and establishing the independent savings bank foundation Sparebankstiftelsen Romerike Sparebank as its principal anchor owner to enhance the trading liquidity and market visibility of its equity certificates on the Oslo Stock Exchange. Additionally, the bank has expanded its localized advisory branch footprint across high-growth corridors in Akershus county, modernized its digital self-service banking applications through the Eika Alliance framework, and broadened its sustainable finance offerings with targeted green mortgage and energy-efficiency improvement lending programs for residential and commercial borrowers.