Sparebank 1 Sor Norge Asa (SBRKF) Q3 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning everyone, and a warm welcome to this third quarter's presentation for Sparbank 1 Sør-Norge and Sparbank 1 Essabak. My name is Inge Reynersen. I am the head of the bank and I will give you an overview of the numbers today. And I have with me good colleagues, the CEO Roar Snippen, who will give you an overview of the performance numbers for the new bank and Morten Folger, who is responsible for you. It is an exciting period that we both have behind us and in front of us. We have for a long time planned for a merger that took place on October 1st. During this period, we have been very concerned about keeping business as usual, providing those who work in the customer base as much as possible, so that they can give our customers what they need every day. And then we have worked hard in the background. with preparing the fusion. It was carried out on the 1st of October, the legal fusion, and I must be able to dare to say with praise, things went incredibly well. It went so well that the two preparation teams, which were rigged in Henholdsvis, Stavanger and Sandefjord, they could be rigged down already the day after. So good planning is important, and it was a good start. through the fusion. We enter the period as a new bank with very good speed. There are two organizations that fit very well together, culturally, systemically, strategically, and in all ways are very well equipped to really skaper resultater i eit bankmarked som er i stor endring. Det er ein fase igjen i denne fusjonen, og det er den tekniske fusjonen, der vi blir fullintegrert på systemsiden. I en periode nå driver vi på mange måtar på bakgrunnen, fremdeles litt, to riggar. Men det siste steget vil då bli tatt høsten 2025, og planleggingen på det er godt i ruta. This map, as you can see here,...