Company Information

Get to know sparebank 1 telemark

Sparebank 1 Telemark was an independent Norwegian savings bank that served the Telemark region. On June 1, 2021, it merged with Sparebank 1 BV to form Sparebank 1 Sørøst-Norge. The new, merged entity continues the mission of being a leading financial services provider in Southeast Norway, covering the regions of Vestfold and Telemark, and Buskerud. As a member of the SpareBank 1 Alliance, it offers a complete range of financial products and services to both retail and corporate customers, including banking, loans, savings, insurance, and real estate brokerage through its subsidiary EiendomsMegler 1.

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Financial BankingPRIMARY
Financial Other Service

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sparebank 1 telemark

Norway

Founded in

1844 (182 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.