BANK NORWEGIAN AS

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4.8 5
Business Focus
direct retail banking

Founded in 2007 as a digital bank, Bank Norwegian is a fully digital and flexible bank that provides simple, standardized deposit and lending products via the Web. In 2013, Bank Norwegian expanded its operations to Swedish market. In 2015, the bank expanded further within the Nordic countries, to both Denmark and Finland.

Bank Category

Commercial banks

Services

retail banking

Clients

natural persons

Area Served

NONorway
SESweden
DKDenmark
FIFinland

Products

current accounts
savings accounts
credit cards
consumer loans

Account Opening

Becoming a client of BANK NORWEGIAN AS can be done in a few steps:

1.
Completely online
2.
Account is ready within a few minutes

Account opening procedure is usually completed within a few minutes.

Ways to Bank

BANK NORWEGIAN AS delivers its products and services via direct (online) channels only, namely:
online banking
mobile app

Financials

Total Assets of BANK NORWEGIAN AS
Operating_income of BANK NORWEGIAN AS
Market Share of BANK NORWEGIAN AS
Total Assets (2018)
50,231.60 mln NOK  (+16.85%)
Operating Income (2018)
2,393.43 mln NOK  (+12.55%)

BANK NORWEGIAN AS is the 10th largest bank in Norway in terms of total assets. In 2018 its total assets were 50 231,60 mln NOK, providing the bank with the market share of 1.30%. BANK NORWEGIAN AS is the 4th largest commercial bank in Norway (out of 25 commercial banks) having market share of 2.09% amongst the banks of this category. In 2018 the bank's operating income was 2 393,43 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

BANK NORWEGIAN AS 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. BANK NORWEGIAN AS is a member of Norwegian Banks' Guarantee Fund and makes its contributions into it.

Contacts

Oksenøyveien 3, 1366, LYSAKER, Norway

BANK NORWEGIAN AS is headquartered in LYSAKER.

Bank Identifiers

LEI
5967007LIEEXZX6ZCW47
Company Number
991455671

Bank Supervision

Supervised By
Financial Supervisory Authority of Norway
Reference Number
991455671

BANK NORWEGIAN AS is authorized and supervised by the Financial Supervisory Authority of Norway (reference number 991455671).

Bank History

Start Date
16 November 2007

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