MELHUS SPAREBANK

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MELHUS SPAREBANK Logo

Address

7224, MELHUS, Norway

BIC

MELHNO21XXX

Overview

Category

Savings banks

Business Focus

regional retail banking

MELHUS 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 MELHUS SPAREBANK includes current accounts, payment cards, savings accounts, consumer loans, car loans and mortgage loans.

Performance

In 2023, MELHUS SPAREBANK achieved the position of 38th largest bank in Norway with a market share of 0.21%; its total assets grew by 5.51%.

Additionally, the bank became the 50th profitable bank in relation to its total assets showcasing 1.25% return on assets in 2023.

Also the lender held the 39th position regarging its loans-to-deposits (L/D) registering 18,950.27% L/D ratio in 2023.

Deposit Protection

Deposits up to 2,000,000 NOK are covered by Norwegian deposit guarantee scheme in MELHUS 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

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

Financials

Total Assets of MELHUS SPAREBANK
Annual_profit of MELHUS SPAREBANK
Market Share of MELHUS SPAREBANK
Total Assets (2023)
11,079.48 mln NOK   (+5.51%)
Annual Profit (2023)
135.35 mln NOK   (+38.71%)

MELHUS SPAREBANK ranks as the 38th largest bank in Norway by total assets. In 2023 its total assets were 11,079.48 mln NOK, representing a 0.21% market share. It is also the 29th largest savings bank in Norway, commanding a 0.56% share among savings banks. In 2023 the bank's annual profit was 135.35 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)

MELHUS 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.

See Also

MELHUS SPAREBANK is a member of Eika Gruppen (Norway).

Contacts

address7224, MELHUS, Norway

MELHUS SPAREBANK is located in MELHUS.

Bank Identifiers

BIC (SWIFT)
MELHNO21XXX
LEI
5967007LIEEXZXI0QG32
Company Number
937901291

Bank Supervision

Supervised By
Financial Supervisory Authority of Norway
Reference Number
937 901 291

MELHUS SPAREBANK is authorized and supervised by the Financial Supervisory Authority of Norway (reference number 937 901 291).

Bank History

Start Date
01 January 2006
Flag of Norway

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