AMWatch

Norwegian banking group establishes own index funds to meet client demand

The SpareBank 1 alliance consisting of 14 Norwegian savings bank is increasing its focus on the savings and investment business.

Photo: PR / Sparebank 1-alliansen

In a stock exchange notification on Thursday morning, Norwegian banking group SpareBank 1 SR-Bank announces that its investment unit SpareBank 1 Forvaltning is acquiring its subsidiary SR-Forvaltning and merging it into the company.

The notification reads:

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