LOFOTEN SPAREBANK was a local savings bank, providing retail banking products and services to private individuals and companies.
LOFOTEN SPAREBANK was the 108th largest bank in Norway in terms of total assets. In 2018 its total assets were 1 745,63 mln NOK, providing the bank with the market share of 0.05%. LOFOTEN SPAREBANK was the 90th largest savings bank in Norway (out of 99 savings banks) having market share of 0.12% amongst the banks of this category. In 2018 the bank's operating income was 22,66 mln NOK.
LOFOTEN SPAREBANK 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. LOFOTEN SPAREBANK is a member of Norwegian Banks' Guarantee Fund and makes its contributions into it.
LOFOTEN SPAREBANK is a member of Eika Gruppen (Norway).
LOFOTEN SPAREBANK was located in BØSTAD.
LOFOTEN SPAREBANK was authorized and supervised by the Financial Supervisory Authority of Norway (reference number 937904495).