LILLESANDS SPAREBANK

Anna MileikoCreated by Anna Mileiko

LILLESANDS SPAREBANK Logo

Address

Storgata 10, 4790, LILLESAND, Norway

BIC

LILLNO21XXX

Overview

Category

Savings banks

Business Focus

regional retail banking

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.

Performance

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.

Deposit Protection

Deposits up to 2,000,000 NOK are covered by Norwegian deposit guarantee scheme in LILLESANDS SPAREBANK.

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

LILLESANDS SPAREBANK delivers its products and services through both direct and indirect channels, namely:
branch branch
online banking online banking

Financials

Total Assets of LILLESANDS SPAREBANK
Annual_profit of LILLESANDS SPAREBANK
Market Share of LILLESANDS SPAREBANK
Total Assets (2023)
3,996.34 mln NOK   (+4.77%)
Annual Profit (2023)
43.80 mln NOK   (+75.69%)

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.

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

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.

See Also

Contacts

addressStorgata 10, 4790, LILLESAND, Norway

LILLESANDS SPAREBANK is located in LILLESAND.

Bank Identifiers

BIC (SWIFT)
LILLNO21XXX
LEI
5967007LIEEXZXES8046
Company Number
937893655

Bank Supervision

Supervised By
Financial Supervisory Authority of Norway
Reference Number
937 893 655

LILLESANDS SPAREBANK is authorized and supervised by the Financial Supervisory Authority of Norway (reference number 937 893 655).

Bank History

Start Date
01 January 2006
Flag of Norway

Norway Banking Insights and Helpful Posts

TheBanks.eu Values Your Privacy

We use cookies to provide you with an excellent user experience. By clicking “Accept All”, you consent to our use of cookies.

Customize Cookies

We use cookies to ensure an excellent user experience and provide personalized information. Below you will find a detailed description of all the types of cookies we use.

Necessary Cookies

Required for essential site functions, such as secure system log-in or setting your preference parameters. Necessary cookies do not store any personal data.

Analytical Cookies

Required for site usage statistics, allow the analysis of indicators such as the number of visits, traffic sources, etc.

Advertising Cookies

Required to provide personalized advertising based on visited pages and analyze ad campaign efficiency.