Regulatory Filings • Sep 26, 2025
Regulatory Filings
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SpareBank 1 Sør-Norge assigned Nibor Panel Bank status (BBG: SRBANK)
SpareBank 1 Sør-Norge has been assigned Nibor Panel Bank status by Norske Finansielle Referanser (NoRe).
NoRe is established and owned by Finance Norway, with the purpose of administering financial reference rates. SpareBank 1 Sør-Norge is now one of the panel banks contributing to the setting of the Nibor rate, a cornerstone of the Norwegian financial system.
“For SpareBank 1 Sør-Norge, being included among these banks is a mark of quality. It demonstrates our high level of expertise and our commitment to corporate social responsibility through our contribution to the Nibor rate,” says Eirik Børve Monsen, CFO of SpareBank 1 Sør-Norge.
Nibor is a collective term for Norwegian money market rates with various maturities. It is calculated as an average of the rates reported by the panel banks. Nibor reflects market conditions and the economic situation in Norway and forms the basis for banks’ funding costs. As such, Nibor is important for customer interest rates on deposits and mortgages.
“We are becoming part of the foundation of the Norwegian financial system. This is an important signal and confirms our position in the market,” says Dag Hjelle, Head of Treasury at SpareBank 1 Sør-Norge.
Stavanger, 26 September 2025
Contact:
Eirik Børve Monsen, CFO, +47 916 39 831.
Dag A. Hjelle, Head of Treasury, +47 909 50 088.
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