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Our History 

Since 1997, the company has pursued a strategy to strengthen and further develop the shareholding banks. Below is a list of key milestones in the Terra-Gruppen´s product- and business development. 

1997 - Eika Gruppen AS is established as a purchasing- and common interest alliance

Oct 97 - Terra Finans AS is established by eight local savings banks and employees in Terra-Gruppen

Jan 99 - Terra Skadeforsikring AS (insurance) is established

Oct 99 - Merger of Eika-Gruppen AS and Terra

Jan 00 - The financial group, Eika-Gruppen AS, is established

Jun 00 - EnterCard AS established in co-operation with Sparebank 1 Gruppen AS

Nov 00 - Eika-Gruppen AS changes its name to Terra-Gruppen AS

Jan 01 - Life insurance, Terra Liv, is introduced to the market

Aug 01 - Terra Eiendomsmegling Norge AS (real estate brokering) is established as a franchise

Apr 02 - Terra-Gruppen AS acquires a 50 percent share in Actor Fordringsforvaltning AS (collecting company)

Jun 02 - Terra Eiendomsmegling Oslo AS is established (Terra-Gruppen owns 25,5 percent)

Oct 02 - Terra Link is introduced to the market

Apr 03 - Terra-Gruppen AS acquires Sparebank 1 Finans AS which changes its name to Terra Finans AS (leasing

Dec 03 - Terra Boligkreditt AS is established

Jun 04 - Terra-Gruppen AS acquires the real estate brokering franchises Postbanken Eiendomsmegling and Aktiv Eiendomsmegling

Jan 05 - Aktiv Eiendomsmegling reestablished and in operation

Feb 05 - Terra Boligkreditt AS in operation

Jan 06 - Terra Kort AS in operation

Book of History 
Behind the history of Terra-Gruppen, you´ll find more than 150 years of saving banks-history.