Created by Anna Mileiko 
SPAREBANKEN SOGN OG FJORDANE 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 SPAREBANKEN SOGN OG FJORDANE includes current accounts, payment cards, savings accounts, consumer loans, car loans and mortgage loans.
In 2023, SPAREBANKEN SOGN OG FJORDANE achieved the position of 11th largest bank in Norway with a market share of 1.00%; its total assets grew by 7.31%.
Additionally, the bank became the 16th profitable bank in relation to its total assets showcasing 1.62% return on assets in 2023.
Also the lender held the 58th position regarging its loans-to-deposits (L/D) registering 1,905.37% L/D ratio in 2023.
Deposits up to 2,000,000 NOK are covered by Norwegian deposit guarantee scheme in SPAREBANKEN SOGN OG FJORDANE.
branch
online banking
SPAREBANKEN SOGN OG FJORDANE ranks as the 11th largest bank in Norway by total assets. In 2023 its total assets were 53,173.30 mln NOK, representing a 1.00% market share. It is also the 9th largest savings bank in Norway, commanding a 2.69% share among savings banks. In 2023 the bank's annual profit was 831.79 mln NOK.
SPAREBANKEN SOGN OG FJORDANE is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is A1 (upper medium grade).
Norwegian Banks' Guarantee Fund (NBGF)SPAREBANKEN SOGN OG FJORDANE 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.
Langebruvegen 12, 6800, FØRDE, NorwaySPAREBANKEN SOGN OG FJORDANE is located in FØRDE.
SPAREBANKEN SOGN OG FJORDANE is authorized and supervised by the Financial Supervisory Authority of Norway (reference number 946670081).
