SPAREBANK 1 BV 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 SPAREBANK 1 BV includes current accounts, payment cards, savings accounts, consumer loans, car loans and mortgage loans.
SPAREBANK 1 BV is the 13th largest bank in Norway in terms of total assets. In 2019 its total assets were 38 618,24 mln NOK, providing the bank with the market share of 0.93%. SPAREBANK 1 BV is the 9th largest savings bank in Norway (out of 95 savings banks) having market share of 2.51% amongst the banks of this category. In 2019 the bank's operating income was 640,71 mln NOK.
SPAREBANK 1 BV is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is A1 (upper medium grade).
SPAREBANK 1 BV 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. SPAREBANK 1 BV is a member of Norwegian Banks' Guarantee Fund and makes its contributions into it.
SPAREBANK 1 BV is a member of SpareBank1 (Norway).
SPAREBANK 1 BV is located in SANDEFJORD.
SPAREBANK 1 BV is authorized and supervised by the Financial Supervisory Authority of Norway (reference number 944 521 836).