In April 2000, Skandiabanken was launched as the first purely digital bank in Norway. November 6th 2017 the bank changed its name to Sbanken. Today, the Bank offers a comprehensive range of financial products and services to individuals and households in Norway within payments and card services, deposit-based savings, investment products, long-term loans and short- term loans. The Bank has no branches and all products and services are offered directly through the digital platform, which is available on a broad range of user devices. As of 30 September 2017, Sbanken had 430 000 active customers and total assets of NOK 81.6 billion. For more information, see sbanken.no/investor-relations.