SPAREBANKEN TELEMARK 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 SPAREBANKEN TELEMARK includes current accounts, payment cards, savings accounts, consumer loans, car loans and mortgage loans.
SPAREBANKEN TELEMARK is the 19th largest bank in Norway in terms of total assets. In 2019 its total assets were 26 127,67 mln NOK, providing the bank with the market share of 0.63%. SPAREBANKEN TELEMARK is the 12th largest savings bank in Norway (out of 95 savings banks) having market share of 1.70% amongst the banks of this category. In 2019 the bank's operating income was 403,34 mln NOK.
SPAREBANKEN TELEMARK 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. SPAREBANKEN TELEMARK is a member of Norwegian Banks' Guarantee Fund and makes its contributions into it.
SPAREBANKEN TELEMARK is a member of SpareBank1 (Norway).
SPAREBANKEN TELEMARK is located in PORSGRUNN.
SPAREBANKEN TELEMARK is authorized and supervised by the Financial Supervisory Authority of Norway (reference number 937891334).