Sparebank 1 SMN: SpareBank 1 SMN: Continued savings programme for employees
The Board of Directors of SpareBank 1 SMN has decided to continue the savings scheme for employees in 2021, who are invited to buy equity certificates issued by the bank.
All employees of the bank and its subsidiaries are invited to participate in the savings programme. The object of the programme is to motivate employees to become co-owners of the bank and the same time to increase interest in the bank s strategy and results.
Employees commit themselves to a fixed savings amount for 2021 by enrolling in the savings scheme in December 2020. For 2021 the bank offers a scheme enabling employees to save either NOK 6,000, NOK 12,000 or NOK 24,000 per year through a monthly salary deduction from January to December 2021. The savings amount will be used to buy equity certificates in SpareBank 1 SMN on behalf of the participating employees. The amounts are fixed for the year and cannot be changed during the peri