Originally established in 1832 as Borgholms Sparbank, Ölands Bank is a regional bank, offering retail banking products and services to private individuals and companies, residents of Öland.
Ölands Bank AB is the 52nd largest bank in Sweden in terms of total assets. In 2019 its total assets were 4 760,00 mln SEK. Ölands Bank AB had 46 employees in 2019.
Ölands Bank AB 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. Ölands Bank AB is a member of Swedish National Debt Office and makes its contributions into it.
Ölands Bank AB is headquartered in Borgholm.
Ölands Bank AB is authorized and supervised by the Financial Supervisory Authority.