Created by Anna Mileiko 
Skagerrak Sparebank was established on January 1, 2017 as a result of the merger between Bamble Sparebank and Kragerø Sparebank. Skagerrak Sparebank is a local savings bank, offering retail and corporate banking products and services.
In 2020, SKAGERRAK SPAREBANK achieved the position of 34th largest bank in Norway with a market share of 0.27%; its total assets grew by 10.66%.
Deposits up to 2,000,000 NOK are covered by Norwegian deposit guarantee scheme in SKAGERRAK SPAREBANK.
branch
online banking
SKAGERRAK SPAREBANK ranks as the 34th largest bank in Norway by total assets. In 2020 its total assets were 11,782.17 mln NOK, representing a 0.27% market share. It is also the 23rd largest savings bank in Norway, commanding a 0.71% share among savings banks. In 2019 the bank's annual profit was 81.59 mln NOK.
Norwegian Banks' Guarantee Fund (NBGF)SKAGERRAK SPAREBANK protects deposits up to up to 2,000,000 NOK per depositor through Norway's deposit guarantee scheme. The scheme applies to current accounts, savings accounts, time deposit accounts made by natural persons (Norwegian and foreign), legal entities (Norwegian and foreign). The bank participates in the Norwegian Banks' Guarantee Fund (NBGF), making regular contributions into it.
Eika Gruppen (Norway)SKAGERRAK SPAREBANK is a member of Eika Gruppen (Norway).
Kirkegata 26, 3770, KRAGER, NorwaySKAGERRAK SPAREBANK is located in KRAGER.
SKAGERRAK SPAREBANK is authorized and supervised by the Financial Supervisory Authority of Norway (reference number 937891245).
