MyBank ASA is a pure online bank with offices in Oslo, offering consumer loans and savings accounts to natural persons.
Becoming a client of MYBANK ASA can be done in a few steps:
Due to regulatory requirements MYBANK ASA performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual MYBANK ASA will ask him/her to provide the following documents: passport; proof of address. For corporate clients MYBANK ASA will ask to provide corporate documentation as well as information about controlling persons. MYBANK ASA may request additional documentation or information depending on the case. Account opening procedure is usually completed within a few minutes.
MYBANK ASA is the 116th largest bank in Norway in terms of total assets. In 2019 its total assets were 872,72 mln NOK, providing the bank with the market share of 0.02%. MYBANK ASA is the 22nd largest commercial bank in Norway (out of 24 commercial banks) having market share of 0.03% amongst the banks of this category. In 2019 the bank's operating income was -50,53 mln NOK.
MYBANK 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. MYBANK ASA is a member of Norwegian Banks' Guarantee Fund (NBGF) and makes its contributions into it.
MYBANK ASA is headquartered in OSLO.
MYBANK ASA has profiles at the following social networks:
MYBANK ASA is authorized and supervised by the Financial Supervisory Authority of Norway.