Sparisjóður Austurlands hf

Business Focus

retail banking

Sparisjóður Austurlands was incorporated on January 16, 2015 to take over the operation of Sparisjóður Norðfjarðar. Sparisjóður Norðfjarðar was merged with the newly formed Sparisjóður Austurlands on May 16, 2015.

Bank Category

Savings banks

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

See Also

Ways to Bank

Sparisjóður Austurlands hf delivers its products and services through both direct and indirect channels, namely:
online banking


Total Assets of Sparisjóður Austurlands hf
Annual_profit of Sparisjóður Austurlands hf
Market Share of Sparisjóður Austurlands hf
Total Assets (2019)
7,016.14 mln ISK  (+4.49%)
Annual Profit (2019)
55.33 mln ISK  (-20.73%)

Sparisjóður Austurlands hf is the 6th largest bank in Iceland in terms of total assets. In 2019 its total assets were 7 016,14 mln ISK, providing the bank with the market share of 0.18%. Sparisjóður Austurlands hf is the 2nd largest savings bank in Iceland (out of 4 savings banks) having market share of 26.49% amongst the banks of this category. In 2019 the bank's annual profit was 55,33 mln ISK.

Deposit Guarantee

Guarantee Fund
Icelandic Depositors’ and Investors’ Guarantee Fund (TIF)Icelandic Depositors’ and Investors’ Guarantee Fund (TIF)
Protected Amount
up to 1,700,000 ISK
Eligible Depositors
natural persons
Covered Accounts
any credit balance

Sparisjóður Austurlands hf participates in the deposit guarantee scheme of Iceland. This deposit guarantee scheme applies to any credit balance made by natural persons and covers up to up to 1,700,000 ISK per bank per depositor. Sparisjóður Austurlands hf is a member of Icelandic Depositors’ and Investors’ Guarantee Fund (TIF) and makes its contributions into it.


Egilsbraut 25, 740, Neskaupstaður, Iceland

Sparisjóður Austurlands hf is located in Neskaupstaður.

Bank Identifiers

Company Number

Bank Supervision

Supervised By
Central Bank of Iceland

Sparisjóður Austurlands hf is authorized and supervised by the Central Bank of Iceland.

Bank History

Start Date
16 January 2015

See Also

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