Landkreditt Bank is a Norwegian bank providing retail banking products and services via its branches, the Internet and mobile devices. Landkreditt Bank offers its products and services to private individuals and companies with the focus on agricultural sector.
LANDKREDITT BANK AS is the 20th largest bank in Norway in terms of total assets. In 2017 its total assets were 22 871,46 mln NOK, providing the bank with the market share of 0.59%. LANDKREDITT BANK AS is the 8th largest commercial bank in Norway (out of 22 commercial banks) having market share of 0.92% amongst the banks of this category. In 2017 the bank's operating income was 166,60 mln NOK.
LANDKREDITT BANK AS participates in deposit guarantee scheme of Norway. This scheme covers accounts up to 2 000 000 NOK per bank per depositor.
LANDKREDITT BANK AS is headquartered in OSLO.
|Total Assets (2017)|
|22 871.46 mln NOK (+11.05%)|
|Total Equity (2017)|
|2 056.98 mln NOK (-1.69%)|
In 2017 total assets of LANDKREDITT BANK AS were 22 871.46 mln NOK. Growth compared to the previous period (2016) was 11.05%. The evolution of the total assets of LANDKREDITT BANK AS is shown at Chart 1 below.
Chart 1. Total Assets of LANDKREDITT BANK AS.
Recent changes in total assets of LANDKREDITT BANK AS and its main components are shown in Table 1.
|Cash and deposits with Central Banks||59.8||65.6||+9.64%|
|Loans to banks||1 080.2||977.4||-9.51%|
|Loans to customers||17 269.6||18 644.1||+7.96%|
|Total Assets||20 595.2||22 871.5||+11.05%|
|Table 1. Recent changes in total assets of LANDKREDITT BANK AS (mln NOK).|
Recent changes in total liabilities of LANDKREDITT BANK AS and its main components are shown in Table 2.
|Customer deposits||15 091.8||16 330.8||+8.21%|
|Total Liabilities||20 595.2||22 871.5||+11.05%|
|Table 2. Recent changes in total liabilities of LANDKREDITT BANK AS (mln NOK).|
|Operating Income (2017)|
|166.60 mln NOK (+2.26%)|
|Annual Profit (2017)|
|132.53 mln NOK (+5.53%)|
Recent changes in gross profit of LANDKREDITT BANK AS and its main components are shown in Table 3.
|Net Interest Income||288.8||301.7||+4.48%|
|Table 3. Recent changes in gross profit of LANDKREDITT BANK AS (mln NOK).|
In 2017 annual profit of LANDKREDITT BANK AS was 132.53 mln NOK. Growth compared to the previous period (2016) was 5.53%. The evolution of the annual profit of LANDKREDITT BANK AS is shown at Chart 2 below.
Chart 2. Annual Profit of LANDKREDITT BANK AS.
|Yes (up to 2 000 000 NOK per depositor)|
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 LANDKREDITT BANK AS 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|
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.