INSTABANK ASA

 (3.9 from 7 ratings)
3.9 7

Instabank is a new digital bank offering savings and loans with flexible repayment individually adjusted for its customers. Instabank offers fast, intuitive and secure sales financing and payment solutions, which make sales easier, both for businesses and their customers. Instabank also provides insurance products.

Bank Category

Commercial banks

Services

retail banking

Clients

natural persons

Area Served

Norway

Products

current accounts
payment cards
savings accounts
time deposit accounts
consumer loans
car loans

Account Opening

completely online
within a few minutes

Ways to Bank

online banking
mobile app

Financials

Total Assets (2018)
3,415.46 mln NOK  (+61.79%)
Operating Income (2018)
34.00 mln NOK  (+739.20%)

INSTABANK ASA is the 76th largest bank in Norway in terms of total assets. In 2018 its total assets were 3 415,46 mln NOK, providing the bank with the market share of 0.09%. INSTABANK ASA is the 17th largest commercial bank in Norway (out of 25 commercial banks) having market share of 0.14% amongst the banks of this category. In 2018 the bank's operating income was 34,00 mln NOK.

Deposit Guarantee

2,000,000 NOK

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

Contacts

Drammensveien 177, 0277, OSLO, Norway

INSTABANK ASA is headquartered in OSLO.

Bank Identifiers

LEI
549300GGE58VFJE5KJ70
Company Number
816914582

Bank History

Start Date
16 September 2016

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