SPAREBANKEN ØST 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 ØST includes current accounts, payment cards, savings accounts, consumer loans, car loans and mortgage loans.
SPAREBANKEN ØST is the 15th largest bank in Norway in terms of total assets. In 2018 its total assets were 29 519,92 mln NOK, providing the bank with the market share of 0.77%. SPAREBANKEN ØST is the 10th largest savings bank in Norway (out of 99 savings banks) having market share of 2.02% amongst the banks of this category. In 2018 the bank's operating income was 419,27 mln NOK.
SPAREBANKEN ØST is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is A2 (upper medium grade).
SPAREBANKEN ØST 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 ØST is a member of Norwegian Banks' Guarantee Fund and makes its contributions into it.
SPAREBANKEN ØST is located in HOKKSUND.
SPAREBANKEN ØST is authorized and supervised by the Financial Supervisory Authority of Norway (reference number 937888937).