DEBANK ASA

Business Focus
SME banking and factoring

DeBank provided financing solutions (invoice purchases, factoring, overdrafts) and deposit accounts to SMEs in Norway. Since 2016, DeBank operates as SPAREBANK 1 SMN SPIRE FINANS AS.

Bank Category

Commercial banks

Financials

Total Assets of DEBANK ASA
Operating_income of DEBANK ASA
Market Share of DEBANK ASA
Total Assets (2018)
220.99 mln NOK  (+77.14%)
Operating Income (2018)
-49,658,000.00 NOK  (+68.39%)

DEBANK ASA was the 123rd largest bank in Norway in terms of total assets. In 2018 its total assets were 220,99 mln NOK, providing the bank with the market share of 0.01%. DEBANK ASA was the 24th largest commercial bank in Norway (out of 25 commercial banks) having market share of 0.01% amongst the banks of this category. In 2018 the bank's operating income was -49,66 mln NOK.

Deposit Guarantee

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

DEBANK 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. DEBANK ASA is a member of Norwegian Banks' Guarantee Fund and makes its contributions into it.

Contacts

Dronningens gate 7, 7011, TRONDHEIM, Norway

DEBANK ASA was headquartered in TRONDHEIM.

Social Networks

DEBANK ASA has profiles at the following social networks:

Bank Identifiers

LEI
549300IV8TYGF6573C16
Company Number
916585837

Bank Supervision

Supervised By
Financial Supervisory Authority of Norway
Reference Number
916 585 837

DEBANK ASA was authorized and supervised by the Financial Supervisory Authority of Norway (reference number 916 585 837).

Bank History

Start Date
16 February 2017
Close Date
01 July 2016

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