Netfonds Bank AS is a subsidiary of Netfonds Holding AS (Netfonds), a Norwegian financial and insurance company. Netfonds Bank AS provides securities trading service on the Internet for Denmark, Sweden, Norway and the United States. Netfonds Bank AS started its business in 1996 and was the first online broker in Norway.
NETFONDS BANK AS is the 104th largest bank in Norway in terms of total assets. In 2015 its total assets were 1 423,93 mln NOK, providing the bank with the market share of 0.04%. NETFONDS BANK AS is the 16th largest commercial bank in Norway (out of 17 commercial banks) having market share of 0.06% amongst the banks of this category. In 2015 the bank's operating income was 501 000,00 NOK.
NETFONDS BANK 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. NETFONDS BANK AS is a member of Norwegian Banks' Guarantee Fund and makes its contributions into it.
NETFONDS BANK AS is headquartered in OSLO.
NETFONDS BANK AS is authorized and supervised by the Financial Supervisory Authority of Norway (reference number 976546180).