About Sparbanken Sjuhärad

Sparbanken Sjuhärad is the second largest independent savings bank in Sweden with approximately 160 employees.

Our business area consists of the municipalities Borås, Bollebygd, Mark och Svenljunga, where the bank has a very strong position on both the private and corporate market.

Borås: Borås and Fristad
Bollebygd: Bollebygd
Mark: Kinna and Sätila
Svenljunga: Svenljunga

Our history in brief

We have helped our customers save and borrow for a better future since 1831. The world has changed and we have changed with it. However, the need for a responsible bank is just as great today as it was at the beginning of the 19th century.

Take a look at "Important years" below.

1820	The first savings bank in Sweden is formed in Gothenburg. The concept involves encouraging ordinary people to long-term saving.
1831	Sparbanken Borås is founded.
1893	Sparbanken Borås changes name to Borås Sparbank.
1878	Sparbanken Borås moves from Stora Torget to Åsbogatan.
1915	The first agricultural credit association in Sweden is founded in Västerhaninge to help farmers who have difficulty in obtaining loans through the normal banks of that time.
1974	The agricultural credit association changes its name to Föreningsbanken.
1995	Borås Sparbank is converted into a banking company, Sparbanken Borås AB.
1997	Sparbanken and Föreningsbanken merge and form Föreningssparbanken.
1998	Borås Sparbank AB changes name to FöreningsSparbanken Sjuhärad AB.
2005	Hansabank becomes part of Föreningssparbanken.
2006	Föreningssparbanken changes its name to Swedbank.
2007	FöreningsSparbanken Sjuhärad AB changes name to Swedbank Sjuhärad AB.
2018	Swedbank Sjuhärad AB changes name to Sparbanken Sjuhärad AB.

Sustainability

We work for sustainable development by promoting social, ethical, environmental and economic sustainability. What is long-term sustainable is also long-term profitable for customers, business and society. We work to constantly broaden our customers' knowledge to enable them to make sustainable choices – private, corporate and institutional.

Societal engagement

We have a long tradition of helping people achieve a sound and sustainable financial situation. Through our own initiatives and with our partners, we educate youths about personal finance and entrepreneurship. Another of our priorities is contributing towards digital inclusion for more people in society.

Environment

We believe that our success as a bank is connected to helping society meet the social and environmental challenges of our times. We act on this in our customer service, our asset management, our credits and our product development, as well as in our own operations. We are determined to facilitate a climate transition that aligns with the Paris Agreement, and we will contribute to achieving the UN Sustainable Development Goals (SDGs).

Human rights

We respect human rights throughout all our business functions: our employees, business relations and supplier engagements. We assess human rights risks in business relations, decisions and strategy, and seek to prevent and mitigate negative human rights impacts that are directly linked to our operations, products and services.

Anti-corruption

Everything Sparbanken Sjuhärad does should be characterised by transparency, trust and integrity. We take an active standpoint against all forms of corruption in all markets where we operate, and we work hard to detect and report suspected money-laundering and terrorist financing. The bank has stringent procedures in place to identify and understand risks of corruption in order to apply preventive measures.