HØLAND OG SETSKOG SPAREBANK

Contacts 
    Address  1940, Norway, BJØRKELANGEN, Bjørkeveien 20
    Website  http://www.holand-sparebank.no
Member of Group  Eika Gruppen (Norway)
Bank Identifiers 
    Company Number  937885822
Bank Category  Savings bank
Deposit Guarantee  Yes (up to 2 000 000 NOK per depositor)
Start Date  01 January 2006
Financial Positions 
    Total Assets (2014)  5 284.96 mln NOK ↑ (+13.62%)
    Total Equity (2014)  376.47 mln NOK ↑ (+9.49%)
Profit and Loss 
    Operating Income (2014)  46.38 mln NOK ↑ (+27.37%)
    Annual Profit (2014)  34.55 mln NOK ↑ (+27.42%)

Bank Identifiers

Any bank can be identified for different purposes and hence can have several different identifiers.

Company Registration Number

Company Registration Number is a distinctive code issued upon registration of a new company. This code can be used to find data about the company in a national company register.

Company Registration Number  937885822

Deposit Guarantee

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Norway are obliged to participate in Norwegian deposit guarantee scheme.

In the case of HØLAND OG SETSKOG SPAREBANK failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  natural persons, legal entities
Covered Accounts  any credit balance on a named account, and any debt evidenced by a certificate of deposit issued to a named person
Maximum Protected Amount  2 000 000 NOK
Paid In Currency  NOK

Further Information: Deposit Guarantee Scheme in Norway

Financial Positions

In 2014 total assets of HØLAND OG SETSKOG SPAREBANK were 5 284.96 mln NOK. Growth compared to the previous period (2013) was 13.62%.

Recent changes in total assets of HØLAND OG SETSKOG SPAREBANK and its main components are shown in Table 1.

2013 2014 % Change
Cash and deposits with Central Banks 62.0 68.4 +10.44% ↑
Loans to banks 49.1 175.9 +258.37% ↑
Loans to customers 4 165.4 4 260.9 +2.29% ↑
Total Assets 4 651.5 5 285.0 +13.62% ↑
Table 1. Recent changes in total assets of HØLAND OG SETSKOG SPAREBANK (mln NOK).

Recent changes in total liabilities of HØLAND OG SETSKOG SPAREBANK and its main components are shown in Table 2.

2013 2014 % Change
Bank deposits 5.0 0.0 -99.09% ↓
Customer deposits 3 213.8 3 728.2 +16.01% ↑
Total Liabilities 4 651.5 5 285.0 +13.62% ↑
Table 2. Recent changes in total liabilities of HØLAND OG SETSKOG SPAREBANK (mln NOK).

Profit and Loss

Recent changes in gross profit of HØLAND OG SETSKOG SPAREBANK and its main components are shown in Table 3.

2013 2014 % Change
Interest Income 217.6 234.7 +7.90% ↑
Interest Charges -124.8 -138.6 +11.09% ↑
Net Interest Income 92.8 96.1 +3.62% ↑
Commission Income 23.4 28.6 +22.27% ↑
Commission Charges -4.2 -4.5 +6.99% ↑
Table 3. Recent changes in gross profit of HØLAND OG SETSKOG SPAREBANK (mln NOK).

In 2014 annual profit of HØLAND OG SETSKOG SPAREBANK was 34.55 mln NOK. Growth compared to the previous period (2013) was 27.42%.

Related Information on Norway

Economy and Banking Sector of Norway

List of Banks in Norway

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