KRAFT BANK ASA

Business Focus

retail refinancing solutions

Kraft Bank is newly established bank that offers refinancing solutions to customers with a complicated financial situation. Kraft Bank grants loans primarily against mortgages in housing and other assets.

Bank Category

Commercial banks

Financials

Total Assets of KRAFT BANK ASA
Operating_income of KRAFT BANK ASA
Market Share of KRAFT BANK ASA
Total Assets (2019)
1,212.31 mln NOK  (+163.68%)
Operating Income (2019)
10.44 mln NOK

KRAFT BANK ASA is the 113th largest bank in Norway in terms of total assets. In 2019 its total assets were 1 212,31 mln NOK, providing the bank with the market share of 0.03%. KRAFT BANK ASA is the 20th largest commercial bank in Norway (out of 24 commercial banks) having market share of 0.05% amongst the banks of this category. In 2019 the bank's operating income was 10,44 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

KRAFT BANK 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. KRAFT BANK ASA is a member of Norwegian Banks' Guarantee Fund (NBGF) and makes its contributions into it.

Contacts

Trim Towers, 5. etg., Larsamyrå 18, 4313, SANDNES, Norway

KRAFT BANK ASA is headquartered in SANDNES.

Social Networks

KRAFT BANK ASA has profiles at the following social networks:

Bank Identifiers

LEI
549300GTNWP8MOCFB082
Company Number
918315446

Bank Supervision

Supervised By
Financial Supervisory Authority of Norway
Reference Number
918315446

KRAFT BANK ASA is authorized and supervised by the Financial Supervisory Authority of Norway (reference number 918315446).

Bank History

Start Date
23 May 2018

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