OFOTEN SPAREBANK

 (2.3; 3 ratings)
2.3 3
Business Focus
regional retail banking

OFOTEN SPAREBANK is a local savings bank, focused on retail banking and insurance products and services to local residends: private individuals, SMEs and companies. The range of products offered by OFOTEN SPAREBANK includes current accounts, payment cards, savings accounts, consumer loans, car loans and mortgage loans.

Bank Category

Savings banks

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

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

Financials

Total Assets of OFOTEN SPAREBANK
Operating_income of OFOTEN SPAREBANK
Market Share of OFOTEN SPAREBANK
Total Assets (2018)
2,649.14 mln NOK  (+6.11%)
Operating Income (2018)
25.95 mln NOK  (-5.67%)

OFOTEN SPAREBANK is the 98th largest bank in Norway in terms of total assets. In 2018 its total assets were 2 649,14 mln NOK, providing the bank with the market share of 0.07%. OFOTEN SPAREBANK is the 80th largest savings bank in Norway (out of 99 savings banks) having market share of 0.18% amongst the banks of this category. In 2018 the bank's operating income was 25,95 mln NOK.

Deposit Guarantee

Protected Amount
up to 2,000,000 NOK
Guarantee Fund
Norwegian Banks' Guarantee Fund
Covered Depositors
natural persons (Norwegian and foreign)
legal entities (Norwegian and foreign)
Covered Accounts
current accounts
savings accounts
time deposit accounts

OFOTEN 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. OFOTEN SPAREBANK is a member of Norwegian Banks' Guarantee Fund and makes its contributions into it.

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

Contacts

Bergvikveien 9, 8539, BOGEN I OFOTEN, Norway

OFOTEN SPAREBANK is located in BOGEN I OFOTEN.

Bank Identifiers

LEI
5967007LIEEXZXETRK41
Company Number
955008863

Bank Supervision

Supervised By
Financial Supervisory Authority of Norway
Reference Number
955008863

OFOTEN SPAREBANK is authorized and supervised by the Financial Supervisory Authority of Norway (reference number 955008863).

Bank History

Start Date
01 January 2006

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