VOSS SPAREBANK

Contacts 
    Address  N-5700, Norway, VOSS, Vangsgata 18
    Website  http://www.vossabanken.no

Bank Identifiers 
    Company Number  937897286
Bank Category  Savings bank
Deposit Guarantee  Yes (up to 2 000 000 NOK per depositor)
Start Date  01 January 2006
Financial Positions 
    Total Assets (2013)  411.70 mln EUR ↓ (-7.51%)
    Total Equity (2013)  66.81 mln EUR ↓ (-8.73%)
Profit and Loss 
    Operating Income (2013)  4.17 mln EUR ↓ (-6.31%)
    Annual Profit (2013)  2.82 mln EUR ↓ (-3.55%)

Bank Identifiers

Any bank can be identified for different purposes and hence can have several different identifiers.

Company Registration Number

Company Registration Number is a distinctive code issued upon registration of a new company. This code can be used to find data about the company in a national company register.

Company Registration Number  937897286

Deposit Guarantee

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Norway are obliged to participate in Norwegian deposit guarantee scheme.

In the case of VOSS SPAREBANK failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  natural persons, legal entities
Covered Accounts  any credit balance on a named account, and any debt evidenced by a certificate of deposit issued to a named person
Maximum Protected Amount  2 000 000 NOK
Paid In Currency  NOK

Further Information: Deposit Guarantee Scheme in Norway

Financial Positions

In 2013 total assets of VOSS SPAREBANK were 411.70 mln EUR. Decline compared to the previous period (2012) was -7.51%. The evolution of the total assets of VOSS SPAREBANK is shown at Chart 1 below.

Total Assets of VOSS SPAREBANK
Chart 1. Total Assets of VOSS SPAREBANK.

Recent changes in total assets of VOSS SPAREBANK and its main components are shown in Table 1.

2012 2013 % Change
Cash and deposits with Central Banks 32.7 27.8 -14.86% ↓
Loans to banks 7.3 11.5 +56.74% ↑
Loans to customers 372.2 343.3 -7.79% ↓
Total Assets 445.1 411.7 -7.51% ↓
Table 1. Recent changes in total assets of VOSS SPAREBANK (mln EUR).

Recent changes in total liabilities of VOSS SPAREBANK and its main components are shown in Table 2.

2012 2013 % Change
Bank deposits 0.1 0.1 -44.87% ↓
Customer deposits 367.1 341.2 -7.07% ↓
Total Liabilities 445.1 411.7 -7.51% ↓
Table 2. Recent changes in total liabilities of VOSS SPAREBANK (mln EUR).

Profit and Loss

Recent changes in gross profit of VOSS SPAREBANK and its main components are shown in Table 3.

2012 2013 % Change
Interest Income 17.0 17.5 +3.13% ↑
Interest Charges -7.6 -8.2 +8.49% ↑
Net Interest Income 9.4 9.3 -1.16% ↓
Commission Income 1.2 1.2 +5.28% ↑
Commission Charges -0.4 -0.4 +2.95% ↑
Table 3. Recent changes in gross profit of VOSS SPAREBANK (mln EUR).

In 2013 annual profit of VOSS SPAREBANK was 2.82 mln EUR. Decline compared to the previous period (2012) was -3.55%. The evolution of the annual profit of VOSS SPAREBANK is shown at Chart 2 below.

Annual Profit of VOSS SPAREBANK
Chart 2. Annual Profit of VOSS SPAREBANK.

Related Information on Norway

Economy and Banking Sector of Norway

List of Banks in Norway

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