Frenninge Sparbank

Business Focus

regional retail banking

On April 21, 2015 during the annual general meeting of Sparbanken Syd a decision was made to incorporate Frenninge Savings Bank into Sparbanken Syd. Frenninge Savings Bank, Sweden's smallest savings bank worked closely with its customers, but because of its size, the bank found it difficult to adjust to tightened banking regulations, functions and technical requirements of a modern bank. The legal merger was completed in November 2015.

Bank Category

Savings banks

Services

retail banking

Clients

private individuals
companies
associations
organizations

Area Served

local municipality

Products

current accounts
credit cards
debit cards
savings accounts
time deposit accounts
pension plans
funds
consumer loans
car loans
mortgage loans

Deposit Guarantee

Guarantee Fund
Swedish National Debt Office (SNDO)Swedish National Debt Office (SNDO)
Protected Amount
up to 950,000 SEK
Eligible Depositors
private individuals
legal entities
Covered Accounts
deposits in all types of accounts

Frenninge Sparbank participates in the deposit guarantee scheme of Sweden. This deposit guarantee scheme applies to deposits in all types of accounts made by private individuals, legal entities and covers up to up to 950,000 SEK per bank per depositor. Frenninge Sparbank is a member of Swedish National Debt Office (SNDO) and makes its contributions into it.

Contacts

275 06, Vollsjö, Sweden
Box 122

Frenninge Sparbank was located in Vollsjö.

Bank Identifiers

MFI ID
SE12315

Bank Supervision

Supervised By
Financial Supervisory Authority

Frenninge Sparbank was authorized and supervised by the Financial Supervisory Authority.

Bank History

Close Date
November 2015

Similar Banks

Ekeby Sparbank Logo Ekeby Sparbank
regional retail banking
Falkenbergs Sparbank Logo Falkenbergs Sparbank
regional retail banking
Fryksdalens sparbank Logo Fryksdalens sparbank
regional retail banking
Hälsinglands Sparbank Logo Hälsinglands Sparbank
regional retail banking
Häradssparbanken Mönsterås Logo Häradssparbanken Mönsterås
regional retail banking

See Also

Related Articles