Background: an effective, independent local bank in mid-Norway. SpareBank 1 Midt-Norge envisions a strong bank with a regional identity, founded on the two banks' common values. Integration between Romsdals Fellesbank and SpareBank 1 Midt-Norge will create a financial entity of major significance for businesses, households and public sector enterprises throughout mid-Norway.
The overarching strategic aim is to be the customers' best financial partner. For customers of Romsdals Fellesbank, integration with SpareBank 1 Midt-Norge will provide an extended range of products and services. The aim is to put competence and customer service on a local footing, and to build further on Romsdals Fellesbank's strong position in the market. SpareBank 1 Midt-Norge wants to create an even stronger regional bank for mid-Norway, with the bulk of its corporate functions assigned to Molde, Steinkjer and Trondheim.
The intention is quite simply to continue Romsdals Fellesbank as its customers know it today, but with greater lifting power, competitive power and development potentials.
The offer
SpareBank 1 Midt-Norge's offer to the shareholders of Romsdals Fellesbank ASA will be published in an offer document to be circulated to all shareholders of Romsdals Fellesbank ASA on 25 November 2004. Further copies of the offer document are available from SpareBank 1 Midt-Norge on +47 07300. The offer document is also available at www.smn.no.
An information meeting for shareholders of Romsdals Fellesbank ASA will be held at Rica Seilet Hotel, Molde, on Wednesday 24 November at 7 p.m.
Contacts:
Any questions may be addressed to the Managing Director, Finn Haugan, tel.: + 47 90 04 10 02
or the chief financial officer, Kjell Fordal, tel.: + 47 90 54 16 72
or general manager Marvin Wiseth, tel.: + 47 91 86 79 31
About us
SpareBank 1 Midt-Norge is Central Norway's leading financial group. We are market leaders in personal and business banking and have 48 offices in 42 municipalities, in addition to distributing our services through 15 in-shop banks. Our head office is in Trondheim. The group has approximately 700 employees and comprises, in addition to banking operations, the subsidiaries SpareBank 1 Finans Midt-Norge AS, EiendomsMegler 1 Midt-Norge AS, Allegro Finans ASA and Midt-Norge Regnskap AS.
Our mission is to be the recommended bank for customers in Central Norway and, as a local, independent savings bank, we feel a special responsibility for stimulating growth and quality of life in the region. We base our business on proximity to customers, good accessibility, a complete range of banking, financial and insurance products, and holistic financial advisory services.
SpareBank 1 Midt-Norge is one of seven owners of SpareBank 1 Gruppen AS.
For more information, visit our website at
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