PARETO BANK ASA

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Business Focus

real estate financing

Pareto Bank is a specialized bank, focused on financing real estate projects, funding solutions for small and medium enterprises, securities financing solutions including standard solutions for leveraging of stocks and bonds, and more tailored solutions to fit each customer's needs.

Bank Category

Commercial banks

Financials

Total Assets of PARETO BANK ASA
Operating_income of PARETO BANK ASA
Market Share of PARETO BANK ASA
Total Assets (2019)
17,510.54 mln NOK  (+12.20%)
Operating Income (2019)
524.54 mln NOK  (+19.56%)

PARETO BANK ASA is the 26th largest bank in Norway in terms of total assets. In 2019 its total assets were 17 510,54 mln NOK, providing the bank with the market share of 0.42%. PARETO BANK ASA is the 10th largest commercial bank in Norway (out of 24 commercial banks) having market share of 0.67% amongst the banks of this category. In 2019 the bank's operating income was 524,54 mln NOK.

Deposit Guarantee

Guarantee Fund
Norwegian Banks' Guarantee Fund (NBGF)Norwegian Banks' Guarantee Fund (NBGF)
Protected Amount
up to 2,000,000 NOK
Eligible Depositors
natural persons (Norwegian and foreign)
legal entities (Norwegian and foreign)
Covered Accounts
current accounts
savings accounts
time deposit accounts

PARETO BANK ASA 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. PARETO BANK ASA is a member of Norwegian Banks' Guarantee Fund (NBGF) and makes its contributions into it.

Contacts

Dronning Mauds gate 3, 0250, OSLO, Norway

PARETO BANK ASA is headquartered in OSLO.

Bank Identifiers

BIC (SWIFT)
PTAANOK1XXX
LEI
5967007LIEEXZX75J484
Company Number
990906475

Bank Supervision

Supervised By
Financial Supervisory Authority of Norway
Reference Number
990906475

PARETO BANK ASA is authorized and supervised by the Financial Supervisory Authority of Norway (reference number 990906475).

Bank History

Start Date
02 January 2008

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