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.
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.
INSTABANK 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. INSTABANK ASA is a member of Norwegian Banks' Guarantee Fund and makes its contributions into it.
INSTABANK ASA is headquartered in OSLO.
INSTABANK ASA is authorized and supervised by the Financial Supervisory Authority of Norway (reference number 816 914 582).