LILLESANDS 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 LILLESANDS SPAREBANK includes current accounts, payment cards, savings accounts, consumer loans, car loans and mortgage loans.
In 2023, LILLESANDS SPAREBANK achieved the position of 84th largest bank in Norway with a market share of 0.07%; its total assets grew by 4.77%.
Additionally, the bank became the 69th profitable bank in relation to its total assets showcasing 1.12% return on assets in 2023.
Also the lender held the 41st position regarging its loans-to-deposits (L/D) registering 16,088.87% L/D ratio in 2023.
Deposits up to 2,000,000 NOK are covered by Norwegian deposit guarantee scheme in LILLESANDS SPAREBANK.
LILLESANDS SPAREBANK is the 84th largest bank in Norway in terms of total assets. In 2023 its total assets were 3 996,34 mln NOK, providing the bank with the market share of 0.07%. LILLESANDS SPAREBANK is the 68th largest savings bank in Norway (out of 83 savings banks) having market share of 0.20% amongst the banks of this category. In 2023 the bank's annual profit was 43,80 mln NOK.
LILLESANDS SPAREBANK 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. LILLESANDS SPAREBANK is a member of Norwegian Banks' Guarantee Fund (NBGF) and makes its contributions into it.
LILLESANDS SPAREBANK is located in LILLESAND.
LILLESANDS SPAREBANK is authorized and supervised by the Financial Supervisory Authority of Norway (reference number 937 893 655).