MONOBANK was 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. Monobank was merged into BRABank.
MONOBANK ASA was 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 was 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.
MONOBANK ASA participates in the deposit guarantee scheme of Norway. This deposit guarantee scheme applies to current accounts, savings accounts, time deposit accounts made by natural persons (Norwegian and foreign), legal entities (Norwegian and foreign) and covers up to up to 2,000,000 NOK per bank per depositor. MONOBANK ASA is a member of Norwegian Banks' Guarantee Fund and makes its contributions into it.
MONOBANK ASA was headquartered in BERGEN.
MONOBANK ASA has profiles at the following social networks:
MONOBANK ASA was authorized and supervised by the Financial Supervisory Authority of Norway (reference number 917651817).