MONOBANK ASA

 (3.8 from 8 ratings)
3.8 8

MONOBANK is a Norwegian direct bank offering loans without collateral and high interest savings accounts. MONABANK redefines banking for individuals through simple and user-friendly services, and by working purposefully with innovation and development. BRABank offers current and savings account, consumer loans to private individuals in Norway, Sweden, Finland, Germany, Spain, Austria and France.

Bank Category

Commercial banks

Services

retail banking

Clients

natural persons

Area Served

Norway
Sweden
Finland
Austria
Germany
Spain
France

Products

current accounts
time deposit accounts
debit cards
credit cards
consumer loans

Account Opening

completely online
within a few minutes

Ways to Bank

online banking
mobile app

Financials

Total Assets (2018)
4,875.93 mln NOK  (+47.72%)
Operating Income (2018)
39.22 mln NOK  (+65.20%)

MONOBANK ASA is the 62nd largest bank in Norway in terms of total assets. In 2018 its total assets were 4 875,93 mln NOK, providing the bank with the market share of 0.13%. MONOBANK ASA is the 16th largest commercial bank in Norway (out of 25 commercial banks) having market share of 0.20% amongst the banks of this category. In 2018 the bank's operating income was 39,22 mln NOK.

Deposit Guarantee

2,000,000 NOK

MONOBANK ASA participates in deposit guarantee scheme of Norway. This scheme covers accounts up to 2,000,000 NOK per bank per depositor.

Contacts

Torgallmenningen 10, 5014, BERGEN, Norway

MONOBANK ASA is headquartered in BERGEN.

Bank Identifiers

LEI
2138005PT7YHCEA49W64
Company Number
913460715

Bank History

Start Date
11 November 2015

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