Time Sparebank has merged with Klepp Sparebank from January 1, 2015.
In 2014, TIME SPAREBANK achieved the position of 40th largest bank in Norway with a market share of 0.19%; its total assets grew by 3.45%.
Additionally, the bank became the 61st profitable bank in relation to its total assets showcasing 0.88% return on assets in 2014.
Deposits up to 2,000,000 NOK are covered by Norwegian deposit guarantee scheme in TIME SPAREBANK.
TIME SPAREBANK was the 40th 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 30th largest savings bank in Norway (out of 106 savings banks) having market share of 0.55% amongst the banks of this category. In 2014 the bank's annual profit was 55,10 mln NOK.
TIME SPAREBANK participates in the deposit guarantee scheme of Norway which 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 (NBGF) and makes its contributions into it.
TIME SPAREBANK is a member of Eika Gruppen (Norway).
TIME SPAREBANK was located in BRYNE.
TIME SPAREBANK was authorized and supervised by the Financial Supervisory Authority of Norway.