FRØRUP ANDELSKASSE

Anna MileikoCreated by Anna Mileiko

FRØRUP ANDELSKASSE Logo

Address

Sportsvænget 2, 5871, Frørup, Denmark

BIC

FROPDK21XXX

Overview

Category

Cooperative banks

Business Focus

cooperative retail banking

FRØRUP ANDELSKASSE is a cooperative bank owned by its members via shares.FRØRUP ANDELSKASSE provides retail and private banking products and services as well as pensions, insurance and investment funds products to its owners (members).

Performance

In 2022, FRØRUP ANDELSKASSE achieved the position of 42nd largest bank in Denmark with a market share of 0.02%; its total assets grew by 5.14%.

Additionally, the bank became the 54th profitable bank in relation to its total assets showcasing -0.53% return on assets and -3.63% return on equity in 2022.

Deposit Protection

Deposits up to 100,000 EUR are covered by Danish deposit guarantee scheme in FRØRUP ANDELSKASSE.

Services

retail banking
business banking

Products

current accounts
payment cards
deposit accounts
consumer loans
business loans

Card Providers

MasterCardVisa

See Also

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits
SEPA Direct Debits B2B

See Also

Ways to Bank

FRØRUP ANDELSKASSE delivers its products and services through both direct and indirect channels, namely:
branch branch
online banking online banking
mobile app mobile app

Financials

Total Assets of FRØRUP ANDELSKASSE
Net_income of FRØRUP ANDELSKASSE
Market Share of FRØRUP ANDELSKASSE
Total Assets (2022)
1,773.85 mln DKK   (+5.14%)
Net Income (2022)
-9,142,000.00 DKK

FRØRUP ANDELSKASSE is the 42nd largest bank in Denmark in terms of total assets. In 2022 its total assets were 1 773,85 mln DKK, providing the bank with the market share of 0.02%. FRØRUP ANDELSKASSE is the 3rd largest cooperative bank in Denmark (out of 5 cooperative banks) having market share of 8.18% amongst the banks of this category. In 2022 the bank's net income was -9,14 mln DKK.

Deposit Guarantee

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

FRØRUP ANDELSKASSE participates in the deposit guarantee scheme of Denmark which applies to cash deposits made by natural persons, legal entities and covers up to up to 100,000 EUR per bank per depositor. FRØRUP ANDELSKASSE is a member of Finansiel Stabilitet and makes its contributions into it.

See Also

Contacts

addressSportsvænget 2, 5871, Frørup, Denmark
phone65432550
fax65432551

FRØRUP ANDELSKASSE is located in Frørup.

Bank Identifiers

BIC (SWIFT)
FROPDK21XXX
LEI
549300UN6U9Q1BBRSS43
Company Number
38136216
MFI ID
DK38136216

Bank Supervision

Supervised By
Danish Financial Supervisory Authority
Reference Number
13080

FRØRUP ANDELSKASSE is authorized and supervised by the Danish Financial Supervisory Authority (reference number 13080).

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