SBANKEN ASA

 (4.2; 10 ratings)
4.2 10

Business Focus

retail banking

Sbanken is a Norwegian direct bank, offering a broad range of loans and savings products to natural persons and companies.

Bank Category

Commercial banks

Financials

Total Assets of SBANKEN ASA
Operating_income of SBANKEN ASA
Market Share of SBANKEN ASA
Total Assets (2019)
65,509.11 mln NOK  (+5.75%)
Operating Income (2019)
711.19 mln NOK  (+2.24%)

SBANKEN ASA is the 9th largest bank in Norway in terms of total assets. In 2019 its total assets were 65 509,11 mln NOK, providing the bank with the market share of 1.58%. SBANKEN ASA is the 3rd largest commercial bank in Norway (out of 24 commercial banks) having market share of 2.52% amongst the banks of this category. In 2019 the bank's operating income was 711,19 mln NOK.

Credit Ratings

Fitch: -
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: A1
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

SBANKEN ASA is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is A1 (upper medium grade).

Deposit Guarantee

Guarantee Fund
Norwegian Banks' Guarantee Fund (NBGF)Norwegian Banks' Guarantee Fund (NBGF)
Protected Amount
up to 2,000,000 NOK
Eligible Depositors
natural persons (Norwegian and foreign)
legal entities (Norwegian and foreign)
Covered Accounts
current accounts
savings accounts
time deposit accounts

SBANKEN 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. SBANKEN ASA is a member of Norwegian Banks' Guarantee Fund (NBGF) and makes its contributions into it.

Contacts

Folke Bernadottes vei 38, 5147, FYLLINGSDALEN, Norway

SBANKEN ASA is headquartered in FYLLINGSDALEN.

Social Networks

SBANKEN ASA has profiles at the following social networks:

Bank Identifiers

BIC (SWIFT)
SBAKNOBBXXX
LEI
5967007LIEEXZXB8WO76
Company Number
915287700

Bank Supervision

Supervised By
Financial Supervisory Authority of Norway
Reference Number
915287700

SBANKEN ASA is authorized and supervised by the Financial Supervisory Authority of Norway (reference number 915287700).

Bank History

Start Date
22 September 2015
Previous Name
SKANDIABANKEN ASA

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See Also

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