VALDRES 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 VALDRES SPAREBANK includes current accounts, payment cards, savings accounts, consumer loans, car loans and mortgage loans.
In 2023, VALDRES SPAREBANK achieved the position of 91st largest bank in Norway with a market share of 0.06%; its total assets grew by 5.37%.
Additionally, the bank became the 56th profitable bank in relation to its total assets showcasing 1.21% return on assets in 2023.
Also the lender held the 5th position regarging its loans-to-deposits (L/D) registering 1,005,304.40% L/D ratio in 2023.
Deposits up to 2,000,000 NOK are covered by Norwegian deposit guarantee scheme in VALDRES SPAREBANK.
VALDRES SPAREBANK is the 91st largest bank in Norway in terms of total assets. In 2023 its total assets were 3 055,71 mln NOK, providing the bank with the market share of 0.06%. VALDRES SPAREBANK is the 74th largest savings bank in Norway (out of 83 savings banks) having market share of 0.15% amongst the banks of this category. In 2023 the bank's annual profit was 36,07 mln NOK.
VALDRES 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. VALDRES SPAREBANK is a member of Norwegian Banks' Guarantee Fund (NBGF) and makes its contributions into it.
VALDRES SPAREBANK is located in SLIDRE.
VALDRES SPAREBANK is authorized and supervised by the Financial Supervisory Authority of Norway (reference number 937888759).