MYBANK ASA

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Business Focus
direct retail banking

MyBank ASA is a pure online bank with offices in Oslo, offering consumer loans and savings accounts to natural persons.

Bank Category

Commercial banks

Services

retail banking

Clients

natural persons

Area Served

NONorway

Products

current accounts
savings accounts
time deposit accounts
consumer loans
car loans

Account Opening

Becoming a client of MYBANK ASA can be done in a few steps:
1.
Completely online
2.
Setup is completed within a few minutes

Ways to Bank

MYBANK ASA delivers its products and services via direct (online) channels only, namely:
online banking
mobile app

Financials

Total Assets of MYBANK ASA
Operating_income of MYBANK ASA
Market Share of MYBANK ASA
Total Assets (2018)
907.33 mln NOK  (+75.14%)
Operating Income (2018)
-51,791,000.00 NOK  (+136.21%)

MYBANK ASA is the 117th largest bank in Norway in terms of total assets. In 2018 its total assets were 907,33 mln NOK, providing the bank with the market share of 0.02%. MYBANK ASA is the 20th largest commercial bank in Norway (out of 25 commercial banks) having market share of 0.04% amongst the banks of this category. In 2018 the bank's operating income was -51,79 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

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 and makes its contributions into it.

Contacts

Enebakkveien 133, 0680, OSLO, Norway

MYBANK ASA is headquartered in OSLO.

Bank Identifiers

Company Number
916012683

Bank Supervision

Supervised By
Financial Supervisory Authority of Norway

MYBANK ASA is authorized and supervised by the Financial Supervisory Authority of Norway.

Bank History

Start Date
24 January 2017

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