Created by Anna Mileiko 
On July 3, 2014 Sparisjóður Bolungarvíkur merged with Sparisjóði Norðurlands.
In 2013, Sparisjóður Bolungarvíkur achieved the position of 9th largest bank in Iceland with a market share of 0.16%; its total assets dropped by 6.14%.
Additionally, the bank became the 9th profitable bank in relation to its total assets showcasing -0.18% return on assets and -1.90% return on equity in 2013.
Also the lender held the 5th position regarging its loans-to-deposits (L/D) registering 112.70% L/D ratio in 2013.
Deposits up to 100,000 EUR are covered by Icelandic deposit guarantee scheme in Sparisjóður Bolungarvíkur.
branch
online banking
Sparisjóður Bolungarvíkur was the 9th largest bank in Iceland in terms of total assets. In 2013 its total assets were 4 786,69 mln ISK, providing the bank with the market share of 0.16%. Sparisjóður Bolungarvíkur was the 5th largest savings bank in Iceland (out of 7 savings banks) having market share of 9.26% amongst the banks of this category. In 2013 the bank's annual profit was -9,10 mln ISK.
Icelandic Depositors’ and Investors’ Guarantee Fund (TIF)Sparisjóður Bolungarvíkur participates in the deposit guarantee scheme of Iceland which applies to any credit balance made by natural persons, legal entities and covers up to up to 100,000 EUR per bank per depositor. Sparisjóður Bolungarvíkur is a member of Icelandic Depositors’ and Investors’ Guarantee Fund (TIF) and makes its contributions into it.
Aðalstræti 14, 415, Bolungarvík, Iceland
http://www.spar.is/Sparisjóður Bolungarvíkur was located in Bolungarvík.
Sparisjóður Bolungarvíkur was authorized and supervised by the Central Bank of Iceland.
