Grong Sparebank

Grong Sparebank is a Norwegian savings bank based in Grong. The bank is affiliated with the Eika-Gruppen alliance and has branch offices in Grong, Namsos, Steinkjer and Mosjøen.[1] Total assets are NOK 9,5 billion.

Grong Sparebank
TypeCooperative
IndustryFinancial services
Founded1862
HeadquartersGrong, Norway
Area served
Nord-Trøndelag, Norway
RevenueIncrease NOK 42 million (2006)
NOK 15 million (2006)
NOK 10 million (2006)
Number of employees
40 (2013)
Websitewww.grong-sparebank.no

History

The sparebank was founded on April 7, 1862, to serve Grong Parish, that included both Grong, Harran, Høylandet and Røyrvik.[2] By 1905, both Høylandet and Harran wanted to have separate banks, and the bank was split into three branches. In 1955, the bank created a separate branch in Røyrvik and Bergsmo, the later being closed in 1997. The year 1975 saw the merger between Grong Sparebank and Lierne Sparebank, though until 2000 there was a separate board of directors for the Lierne branch. In the 2000s, the bank expanded with a branch in Steinkjer and in 2006 it merged with the smallest bank in Norway, Verran Sparebank in Framverran in Mosvik.

References
  1. Sverre Rørvik Nilsen (15 March 2012). "Petter Northug kan bli storeier i sparebank". E24 (in Norwegian). Retrieved 15 December 2016.
  2. Martin Bjerken (1950). Grong bygdebok for Grong, Harran, Namsskogan og Røyrvik (in Norwegian). Aktietrykkeriet. pp. 236–.
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