Created by Anna Mileiko 
SKUDENES & AAKRA 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 SKUDENES & AAKRA SPAREBANK includes current accounts, payment cards, savings accounts, consumer loans, car loans and mortgage loans.
In 2023, SKUDENES & AAKRA SPAREBANK achieved the position of 37th largest bank in Norway with a market share of 0.22%; its total assets grew by 4.33%.
Additionally, the bank became the 38th profitable bank in relation to its total assets showcasing 1.30% return on assets in 2023.
Also the lender held the 12th position regarging its loans-to-deposits (L/D) registering 213,566.38% L/D ratio in 2023.
Deposits up to 2,000,000 NOK are covered by Norwegian deposit guarantee scheme in SKUDENES & AAKRA SPAREBANK.
branch
online banking
SKUDENES & AAKRA SPAREBANK ranks as the 37th largest bank in Norway by total assets. In 2023 its total assets were 11,496.93 mln NOK, representing a 0.22% market share. It is also the 28th largest savings bank in Norway, commanding a 0.58% share among savings banks. In 2023 the bank's annual profit was 146.84 mln NOK.
Norwegian Banks' Guarantee Fund (NBGF)SKUDENES & AAKRA 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.
Åkravegen 1, 4270, ÅKREHAMN, NorwaySKUDENES & AAKRA SPAREBANK is located in ÅKREHAMN.
SKUDENES & AAKRA SPAREBANK is authorized and supervised by the Financial Supervisory Authority of Norway (reference number 937896670).
