SB1 Markets established in Sweden from 1 September 2025

01 Sep 2025 07:30 CEST

The banks in the SpareBank 1 Alliance and Swedbank have established SB1 Markets,
a Nordic investment bank in which SpareBank 1 Sør-Norge holds a 28.1 percent
ownership stake.

SB1 Markets will commence operations in Sweden on 1 September 2025. The business
is part of a partnership between SpareBank 1 and Swedbank aimed at establishing
a leading Nordic investment bank. SpareBank 1 Markets has changed its name to
SB1 Markets and has taken over Swedbank’s Investment Banking and DCM HY
operations, with a branch in Stockholm, 65 employees in Sweden, and a total of
260 employees.

Swedbank has acquired a 20 percent ownership stake in SB1 Markets. Following the
completion of the transaction, SpareBank 1 Sør-Norge owns 28.1 percent of SB1
Markets. The remaining 65.55 percent of shares are primarily held by other
SpareBank 1 banks.

The transaction has a positive but limited financial impact, which will be
finally determined upon completion of the transaction.

Stavanger, 1 September 2025.

Contacts:
Eirik B. Monsen, CFO, Tel. +47 916 39 831
Øyvind Knoph Askeland, Director of Communications, Tel. +47 922 32 639

More information:
Access the news on Oslo Bors NewsWeb site