VANG SPAREBANK

 (4.5; 2 ratings)
4.5 2
Business Focus
regional retail banking

VANG SPAREBANK has merged with Valdres Sparebank from August 7, 2017.

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

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

Financials

Total Assets of VANG SPAREBANK
Operating_income of VANG SPAREBANK
Market Share of VANG SPAREBANK
Total Assets (2016)
729.58 mln NOK  (+12.50%)
Operating Income (2016)
3.90 mln NOK  (-11.96%)

VANG SPAREBANK was the 120th largest bank in Norway in terms of total assets. In 2016 its total assets were 729,58 mln NOK, providing the bank with the market share of 0.02%. VANG SPAREBANK was the 103rd largest savings bank in Norway (out of 104 savings banks) having market share of 0.06% amongst the banks of this category. In 2016 the bank's operating income was 3,90 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

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

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

Contacts

Tyinvegen 5171, 2975, VANG I VALDRES, Norway

VANG SPAREBANK was located in VANG I VALDRES.

Bank Identifiers

LEI
5967007LIEEXZX7RWO26
Company Number
837888662

Bank Supervision

Supervised By
Financial Supervisory Authority of Norway
Reference Number
837 888 662

VANG SPAREBANK was authorized and supervised by the Financial Supervisory Authority of Norway (reference number 837 888 662).

Bank History

Start Date
01 January 2006
Close Date
07 August 2018

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