SG Finans AS is represented in Norway, Sweden and Denmark and is part of SG Equipment Finance in the Societe Generale Group. The purpose of the company is to cover the needs of Nordic trade and industry for high-capital equipment, liquidity and administrative services through flexible financial solutions.
Assets under management at SG Finans total around NOK 31 billion. Local presence through the company's 22 offices in Norway (15), Sweden (5) and Denmark (2) mean short decision-making routes and nearness to the market. Our 360 skilled and solutions-oriented employees are there to ensure that our customers and partners are satisfied.
SG Finans AS is a company wholly owned by the Societe Generale Group of France, which is one of Europe's largest financial groups. The Societe Generale Group is represented in 76 countries, with a total of 154,000 employees serving the group's 32 million customers.
What is now SG Finans was established in 2005 after a demerger of ELCON Finans, half of which was bought by the Societe Generale Group and the other half by the Santander Group. However our origins go right back to 1963, when ELCON first saw the light of day. Over the decades, the company grew under several owners, including Gjensidige Forsikring and Sparebanken NOR, becoming Norway's leading financing company, a position the company still holds.
As market leader in Norway and with an ever stronger position in Sweden and Denmark, it is SG Finans' ambition to be one of the Nordic area's leaders within our business areas