TRØGSTAD SPAREBANK

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TRØGSTAD SPAREBANK Logo

Address

Torget 5, 1860, TRØGSTAD, Norway

BIC

TRSPNO21XXX

Overview

Category

Savings banks

Business Focus

regional retail banking

TRØGSTAD SPAREBANK 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 TRØGSTAD SPAREBANK includes current accounts, payment cards, savings accounts, consumer loans, car loans and mortgage loans.

Performance

In 2023, TRØGSTAD SPAREBANK achieved the position of 78th largest bank in Norway with a market share of 0.08%; its total assets grew by 10.35%.

Additionally, the bank became the 45th profitable bank in relation to its total assets showcasing 1.28% return on assets in 2023.

Also the lender held the 31st position regarging its loans-to-deposits (L/D) registering 32,800.19% L/D ratio in 2023.

Deposit Protection

Deposits up to 2,000,000 NOK are covered by Norwegian deposit guarantee scheme in TRØGSTAD SPAREBANK.

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

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

Financials

Total Assets of TRØGSTAD SPAREBANK
Annual_profit of TRØGSTAD SPAREBANK
Market Share of TRØGSTAD SPAREBANK
Total Assets (2023)
4,176.62 mln NOK   (+10.35%)
Annual Profit (2023)
51.04 mln NOK   (+25.48%)

TRØGSTAD SPAREBANK ranks as the 78th largest bank in Norway by total assets. In 2023 its total assets were 4,176.62 mln NOK, representing a 0.08% market share. It is also the 62nd largest savings bank in Norway, commanding a 0.21% share among savings banks. In 2023 the bank's annual profit was 51.04 mln NOK.

Deposit Guarantee

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

TRØGSTAD SPAREBANK 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.

See Also

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

Contacts

addressTorget 5, 1860, TRØGSTAD, Norway

TRØGSTAD SPAREBANK is located in TRØGSTAD.

Bank Identifiers

BIC (SWIFT)
TRSPNO21XXX
LEI
5967007LIEEXZXEUJC13
Company Number
937885377

Bank Supervision

Supervised By
Financial Supervisory Authority of Norway
Reference Number
937885377

TRØGSTAD SPAREBANK is authorized and supervised by the Financial Supervisory Authority of Norway (reference number 937885377).

Bank History

Start Date
01 January 2006
Flag of Norway

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