ARENDAL OG OMEGNS SPAREKASSE

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ARENDAL OG OMEGNS SPAREKASSE Logo

Address

Torvet 8, 4836, ARENDAL, Norway

BIC

ARENNO21XXX

Overview

Category

Savings banks

Business Focus

regional retail banking

ARENDAL OG OMEGNS SPAREKASSE was a local savings bank,providing retail banking products and services toprivate individuals and companies.

Performance

In 2021, ARENDAL OG OMEGNS SPAREKASSE achieved the position of 84th largest bank in Norway with a market share of 0.08%; its total assets grew by 7.20%.

Additionally, the bank became the 87th profitable bank in relation to its total assets showcasing 0.74% return on assets in 2014.

Deposit Protection

Deposits up to 2,000,000 NOK are covered by Norwegian deposit guarantee scheme in ARENDAL OG OMEGNS SPAREKASSE.

Services

retail banking
insurance

Clients

private individuals
SMEs
companies

Area Served

local municipality

Products

current accounts
credit cards
debit cards
savings accounts
time deposit accounts
consumer loans
car loans
mortgage loans

Ways to Bank

ARENDAL OG OMEGNS SPAREKASSE delivered its products and services through both direct and indirect channels, namely:
branch branch
online banking online banking

Financials

Total Assets of ARENDAL OG OMEGNS SPAREKASSE
Annual_profit of ARENDAL OG OMEGNS SPAREKASSE
Market Share of ARENDAL OG OMEGNS SPAREKASSE
Total Assets (2021)
3,705.06 mln NOK   (+7.20%)
Annual Profit (2019)
29.55 mln NOK   (+10.20%)

ARENDAL OG OMEGNS SPAREKASSE ranked as the 84th largest bank in Norway by total assets. In 2021 its total assets were 3,705.06 mln NOK, representing a 0.08% market share. It was also the 66th largest savings bank in Norway, commanding a 0.21% share among savings banks. In 2019 the bank's annual profit was 29.55 mln NOK.

Deposit Guarantee

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

ARENDAL OG OMEGNS SPAREKASSE 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.

See Also

ARENDAL OG OMEGNS SPAREKASSE is a member of Eika Gruppen (Norway).

Contacts

addressTorvet 8, 4836, ARENDAL, Norway
po box11
websitehttp://www.sparekassen.no

ARENDAL OG OMEGNS SPAREKASSE was located in ARENDAL.

Bank Identifiers

BIC (SWIFT)
ARENNO21XXX
LEI
5967007LIEEXZX68CO64
Company Number
937894082

Bank Supervision

Supervised By
Financial Supervisory Authority of Norway
Reference Number
937894082

ARENDAL OG OMEGNS SPAREKASSE was authorized and supervised by the Financial Supervisory Authority of Norway (reference number 937894082).

Bank History

Start Date
01 January 2006
Close Date
04 May 2021
Flag of Norway

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