VEGÅRSHEI SPAREBANK

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VEGÅRSHEI SPAREBANK Logo

Address

Heiveien 882, 4985, VEGÅRSHEI, Norway

BIC

n/a

Overview

Category

Savings banks

Business Focus

regional retail banking

VEGÅRSHEI SPAREBANK was a local savings bank,providing retail banking products and services toprivate individuals and companies.

Performance

In 2016, VEGÅRSHEI SPAREBANK achieved the position of 117th largest bank in Norway with a market share of 0.03%; its total assets grew by 4.57%.

Additionally, the bank became the 102nd profitable bank in relation to its total assets showcasing 0.64% return on assets in 2014.

Deposit Protection

Deposits up to 2,000,000 NOK are covered by Norwegian deposit guarantee scheme in VEGÅRSHEI 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

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

Financials

Total Assets of VEGÅRSHEI SPAREBANK
Annual_profit of VEGÅRSHEI SPAREBANK
Market Share of VEGÅRSHEI SPAREBANK
Total Assets (2016)
941.36 mln NOK   (+4.57%)
Annual Profit (2016)
5.01 mln NOK   (+3.62%)

VEGÅRSHEI SPAREBANK was the 117th largest bank in Norway in terms of total assets. In 2016 its total assets were 941,36 mln NOK, providing the bank with the market share of 0.03%. VEGÅRSHEI SPAREBANK was the 100th largest savings bank in Norway (out of 104 savings banks) having market share of 0.07% amongst the banks of this category. In 2016 the bank's annual profit was 5,01 mln NOK.

Deposit Guarantee

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

VEGÅRSHEI 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. VEGÅRSHEI SPAREBANK is a member of Norwegian Banks' Guarantee Fund (NBGF) and makes its contributions into it.

See Also

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

Contacts

addressHeiveien 882, 4985, VEGÅRSHEI, Norway
websitehttp://www.vegarsheibanken.no

VEGÅRSHEI SPAREBANK was located in VEGÅRSHEI.

Bank Identifiers

LEI
5967007LIEEXZX7E0O22
Company Number
937894449

Bank Supervision

Supervised By
Financial Supervisory Authority of Norway
Reference Number
937894449

VEGÅRSHEI SPAREBANK was authorized and supervised by the Financial Supervisory Authority of Norway (reference number 937894449).

Bank History

Start Date
01 January 2006
Close Date
02 October 2017
Flag of Norway

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