APRILA BANK ASA

Anna MileikoCreated by Anna Mileiko

APRILA BANK ASA Logo

Address

Kirkegata 5, 0153, OSLO, Norway

BIC

n/a

Overview

Category

Commercial banks

Business Focus

SME funding

Established in 2018, Aprila Bank ASA is a new innovative bank, focused on providing funding solutions to Norwegian SMEs through various distribution channels.

Performance

In 2023, APRILA BANK ASA achieved the position of 102nd largest bank in Norway with a market share of 0.02%; its total assets grew by 34.95%.

Additionally, the bank became the 3rd profitable bank in relation to its total assets showcasing 2.50% return on assets in 2023.

Also the lender held the 70th position regarging its loans-to-deposits (L/D) registering 119.73% L/D ratio in 2023.

Deposit Protection

Deposits up to 2,000,000 NOK are covered by Norwegian deposit guarantee scheme in APRILA BANK ASA.

Services

retail banking
business banking

Clients

natural persons
companies

Area Served

NONorway

Products

personal savings
business loans
overdraft loans

Ways to Bank

APRILA BANK ASA delivers its products and services via direct (online) channels only, namely:
online banking online banking

Financials

Total Assets of APRILA BANK ASA
Annual_profit of APRILA BANK ASA
Market Share of APRILA BANK ASA
Total Assets (2023)
1,061.60 mln NOK   (+34.95%)
Annual Profit (2023)
23.09 mln NOK

APRILA BANK ASA is the 102nd largest bank in Norway in terms of total assets. In 2023 its total assets were 1 061,60 mln NOK, providing the bank with the market share of 0.02%. APRILA BANK ASA is the 20th largest commercial bank in Norway (out of 20 commercial banks) having market share of 0.03% amongst the banks of this category. In 2023 the bank's annual profit was 23,09 mln NOK.

Deposit Guarantee

Guarantee Fund
Norwegian Banks' Guarantee Fund (NBGF)Norwegian Banks' Guarantee Fund (NBGF)
Protected Amount
up to 2,000,000 NOK
Eligible Depositors
natural persons (Norwegian and foreign)
legal entities (Norwegian and foreign)
Covered Accounts
current accounts
savings accounts
time deposit accounts

APRILA BANK ASA participates in the deposit guarantee scheme of Norway which 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. APRILA BANK ASA is a member of Norwegian Banks' Guarantee Fund (NBGF) and makes its contributions into it.

See Also

Contacts

addressKirkegata 5, 0153, OSLO, Norway
phone23 96 68 68

APRILA BANK ASA is headquartered in OSLO.

Bank Identifiers

Company Number
916823525

Bank Supervision

Supervised By
Financial Supervisory Authority of Norway

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

Bank History

Start Date
08 March 2018
Flag of Norway

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