BASISBANK A/S

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BASISBANK A/S Logo

Address

Teglholm Allé 15, 2450, København SV, Denmark

BIC

ISNKDKK1XXX

Overview

Category

Commercial banks

Business Focus

direct retail banking

Established in 2000, Basisbank became the first pure direct bank in Denmark and one of the first in the world. Basisbank provided savings products, payment cards, consumer and car loans, trading accounts online. In 2022 Basisbank voluntary surrendered its banking license to the Danish Financial Supervisory Authority.

Performance

In 2021, BASISBANK A/S achieved the position of 38th largest bank in Denmark with a market share of 0.03%; its total assets dropped by 26.36%.

Additionally, the bank became the 1st profitable bank in relation to its total assets showcasing 17.14% return on assets and 90.25% return on equity in 2021.

Deposit Protection

Deposits up to 100,000 EUR are covered by Danish deposit guarantee scheme in BASISBANK A/S.

Services

retail banking
online brokerage
Danish equities trading

Clients

natural persons

Area Served

DKDenmark

Products

current accounts
credit cards
savings accounts
time deposit accounts
trading accounts

Account Currencies

DKDKK (Danish krone)

Card Providers

VisaMasterCard

Ways to Bank

BASISBANK A/S delivered its products and services via direct (online) channels only, namely:
online banking online banking
mobile app mobile app

Financials

Total Assets of BASISBANK A/S
Net_income of BASISBANK A/S
Market Share of BASISBANK A/S
Total Assets (2021)
2,523.23 mln DKK   (-26.36%)
Net Income (2021)
509.92 mln DKK

BASISBANK A/S ranked as the 38th largest bank in Denmark by total assets. In 2021 its total assets were 2,523.23 mln DKK, representing a 0.03% market share. In 2021 the bank's net income was 509.92 mln DKK.

Deposit Guarantee

Protected Amount
up to 100,000 EUR
Guarantee Fund
Finansiel Stabilitet
Covered Accounts
cash deposits
Eligible Depositors
natural persons
legal entities

BASISBANK A/S protects deposits up to up to 100,000 EUR per depositor through Denmark's deposit guarantee scheme. The scheme applies to cash deposits made by natural persons, legal entities. The bank participates in the Finansiel Stabilitet, making regular contributions into it.

See Also

Contacts

addressTeglholm Allé 15, 2450, København SV, Denmark
fax70220727

BASISBANK A/S was headquartered in København SV.

Bank Identifiers

BIC (SWIFT)
ISNKDKK1XXX
LEI
2138002D8485FW4F4A02
Company Number
25213483
MFI ID
DK25213483

Bank Supervision

Supervised By
Danish Financial Supervisory Authority
Reference Number
1671

BASISBANK A/S was authorized and supervised by the Danish Financial Supervisory Authority (reference number 1671).

Bank History

Close Date
July 2022
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