Created by Anna Mileiko 
SOGN SPAREBANK is a local savings bank,focused on retail banking and insurance products and services tolocal residends: private individuals, SMEs and companies. The range of products offered by SOGN SPAREBANK includes current accounts, payment cards, savings accounts, consumer loans, car loans and mortgage loans.
In 2023, SOGN SPAREBANK achieved the position of 49th largest bank in Norway with a market share of 0.15%; its total assets grew by 7.11%.
Additionally, the bank became the 67th profitable bank in relation to its total assets showcasing 1.13% return on assets in 2023.
Also the lender held the 17th position regarging its loans-to-deposits (L/D) registering 91,224.91% L/D ratio in 2023.
Deposits up to 2,000,000 NOK are covered by Norwegian deposit guarantee scheme in SOGN SPAREBANK.
branch
online banking
SOGN SPAREBANK ranks as the 49th largest bank in Norway by total assets. In 2023 its total assets were 7,764.83 mln NOK, representing a 0.15% market share. It is also the 39th largest savings bank in Norway, commanding a 0.39% share among savings banks. In 2023 the bank's annual profit was 85.18 mln NOK.
Norwegian Banks' Guarantee Fund (NBGF)SOGN 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.
Statsråd Evensens veg 8, 6885, ÅRDALSTANGEN, NorwaySOGN SPAREBANK is located in ÅRDALSTANGEN.
SOGN SPAREBANK is authorized and supervised by the Financial Supervisory Authority of Norway (reference number 837897912).
