TIME SPAREBANK

Business Focus
regional retail banking

Time Sparebank has merged with Klepp Sparebank from January 1, 2015.

Bank Category

Savings banks

Services

retail banking
insurance

Clients

private individuals
SMEs
companies

Area Served

local municipality

Products

current accounts
credit cards
debit cards
savings accounts
time deposit accounts
consumer loans
car loans
mortgage loans

Ways to Bank

TIME SPAREBANK delivered its products and services through both direct and indirect channels, namely:
branch
online banking

Financials

Total Assets of TIME SPAREBANK
Operating_income of TIME SPAREBANK
Market Share of TIME SPAREBANK
Total Assets (2014)
6,393.37 mln NOK  (+3.45%)
Operating Income (2014)
74.18 mln NOK  (+15.28%)

TIME SPAREBANK was the 37th largest bank in Norway in terms of total assets. In 2014 its total assets were 6 393,37 mln NOK, providing the bank with the market share of 0.19%. TIME SPAREBANK was the 27th largest savings bank in Norway (out of 99 savings banks) having market share of 0.57% amongst the banks of this category. In 2014 the bank's operating income was 74,18 mln NOK.

Deposit Guarantee

Protected Amount
up to 2,000,000 NOK
Guarantee Fund
Norwegian Banks' Guarantee Fund
Covered Depositors
natural persons (Norwegian and foreign)
legal entities (Norwegian and foreign)
Covered Accounts
current accounts
savings accounts
time deposit accounts

TIME SPAREBANK 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. TIME SPAREBANK is a member of Norwegian Banks' Guarantee Fund and makes its contributions into it.

TIME SPAREBANK is a member of Eika Gruppen (Norway).

Contacts

Jernbanegata 6, N-4340, BRYNE, Norway

TIME SPAREBANK was located in BRYNE.

Bank Identifiers

Company Number
937896204

Bank Supervision

Supervised By
Financial Supervisory Authority of Norway

TIME SPAREBANK was authorized and supervised by the Financial Supervisory Authority of Norway.

Bank History

Start Date
01 January 2006
Close Date
01 January 2015

Similar Banks

SPAREBANK 1 MODUM Logo SPAREBANK 1 MODUM
regional retail banking
MELHUS SPAREBANK Logo MELHUS SPAREBANK
regional retail banking
JÆREN SPAREBANK Logo JÆREN SPAREBANK
regional retail banking
LILLESTRØM SPAREBANK Logo LILLESTRØM SPAREBANK
regional retail banking
SPAREBANK 1 GUDBRANDSDAL Logo SPAREBANK 1 GUDBRANDSDAL
regional retail banking