Grong Sparebank: A Comprehensive Overview

Grong Sparebank is a Norwegian bank that has been serving the local community for over a century. Established in 1897, it has a rich history of providing financial services to its customers.

As a cooperative bank, Grong Sparebank is owned and controlled by its members, who are primarily local residents and businesses. This unique ownership structure allows the bank to focus on meeting the needs of its community.

With a strong presence in the Nord-Trøndelag county, Grong Sparebank offers a range of financial products and services, including savings accounts, loans, and mortgages. Its commitment to serving the local community is evident in its emphasis on providing personalized service and support.

On a similar theme: SpareBank 1 Nord-Norge

Grong Sparebank is a Norwegian independent savings bank in Grong, Nord-Trøndelag, established in 1862. It has branches in Grong, Lierne, Namsos, Steinkjer, Inderøy, Rørvik, and Mosjøen.

The bank has 56 employees as of the year-end 2020/2021. Grong Sparebank is part of Eika Alliansen, which includes 69 other savings banks.

Here are some key facts about Grong Sparebank:

Grong Sparebank has a strong commitment to the community, evident in their support for local initiatives such as the ski resort in Bjørgan, where they donated 1.5 million kroner in 2016.

The bank also offers stipends to young entrepreneurs, athletes, and artists who demonstrate engagement and hard work in achieving their goals.

Grong Sparebank is a Norwegian bank that operates with a strong focus on local community involvement. The bank's headquarters are located in the town of Grong.

The bank's management team is responsible for overseeing the daily operations and making strategic decisions to ensure the bank's continued growth and success.

Grong Sparebank is owned by its members, who have a say in the bank's management and decision-making processes. This member-owned structure allows the bank to maintain a strong connection to the local community.

The Executive Committee plays a crucial role in the management and governance of Grong Sparebank.

At the helm is Jon Håvard Solum, who has been serving as the Chief Executive Officer (CEO) since 1999. He's 59 years young and has been leading the bank for over two decades.

Johan Trapnes is the Director of Finance, also known as the Chief Financial Officer (CFO), but unfortunately, his age and start date are not available.

Bjørn Osen is the Corporate Officer/Principal, but like Johan, his age and start date are unknown.

Here's a quick rundown of the Executive Committee members:

The Board of Directors plays a crucial role in shaping the direction of Grong Sparebank.

Audun Veium serves as the Chairman, a position he has held since December 31, 2006, at the age of 65.

The Board consists of six members, with Espen Ledang, Jo Morten Aunet, Øyvind Kveli, Tove Heggdal Ingulfsvann Lierne, Marte Landsem Namsos, and Marit Aspnes Grong serving as Directors/Board Members.

Their ages are not publicly disclosed in the available information.

Here is a list of the Board of Directors:

Grong Sparebank's financial performance is a mixed bag. The bank's current share price is NOK 151.98, which is a 1.46% increase from last month.

The 52-week high is NOK 155.00, while the low is a more concerning NOK 133.00.

The 1-year change is a respectable 2.69%, but the 3-year change is a less impressive -7.89%.

In the long term, however, Grong Sparebank has shown significant growth, with a 5-year change of 35.70%. This is likely due to the bank's steady performance since its IPO, which has seen a 42.04% increase.

Here's a summary of Grong Sparebank's recent performance:

Grong Sparebank operates in a competitive market, with 32 banks and savings banks in Norway.

The bank's focus on local communities and customer-centric approach helps it stand out from larger institutions.

Grong Sparebank has a long history, dating back to 1879, when it was established as a savings bank.

This experience has allowed the bank to develop a strong understanding of its customers' needs.

As a result, Grong Sparebank has a high level of customer satisfaction and loyalty.

The bank's commitment to its community is evident in its support for local businesses and initiatives.

Grong Sparebank's size and scale enable it to compete effectively with larger banks.

Its experienced management team and skilled staff are also key factors in its success.