YA BANK AS

Established in 2006, yA Bank is a Norwegian bank, offering simple and transparent retail banking products at competitive prices.

Bank Category

Commercial banks

Financials

Total Assets (2017)
7 084.28 mln NOK  (+19.63%)
Operating Income (2017)
268.96 mln NOK  (+23.89%)

YA BANK AS is the 46th largest bank in Norway in terms of total assets. In 2017 its total assets were 7 084,28 mln NOK, providing the bank with the market share of 0.18%. YA BANK AS is the 12th largest commercial bank in Norway (out of 22 commercial banks) having market share of 0.28% amongst the banks of this category. In 2017 the bank's operating income was 268,96 mln NOK.

Deposit Guarantee

2 000 000 NOK

YA BANK AS participates in deposit guarantee scheme of Norway. This scheme covers accounts up to 2 000 000 NOK per bank per depositor.

Contacts

Fridtjof Nansens vei 19, 0369, OSLO, Norway

YA BANK AS is headquartered in OSLO.

Bank Identifiers

Company Number
989932667
Start Date
01 January 2006

Financial Positions

Total Assets (2017)
7 084.28 mln NOK  (+19.63%)
Total Equity (2017)
1 068.64 mln NOK  (+47.49%)

In 2017 total assets of YA BANK AS were 7 084.28 mln NOK. Growth compared to the previous period (2016) was 19.63%. The evolution of the total assets of YA BANK AS is shown at Chart 1 below.

Total Assets of YA BANK AS.

Chart 1. Total Assets of YA BANK AS.

Recent changes in total assets of YA BANK AS and its main components are shown in Table 1.

2016 2017 % change
Cash and deposits with Central Banks 53.3 61.5 +15.34%
Loans to banks 606.4 701.8 +15.72%
Loans to customers 4 633.3 5 990.9 +29.30%
Total Assets 5 921.6 7 084.3 +19.63%
Table 1. Recent changes in total assets of YA BANK AS (mln NOK).

Recent changes in total liabilities of YA BANK AS and its main components are shown in Table 2.

2016 2017 % change
Bank deposits 0.0 0.0 0.00%
Customer deposits 4 667.5 5 324.2 +14.07%
Total Liabilities 5 921.6 7 084.3 +19.63%
Table 2. Recent changes in total liabilities of YA BANK AS (mln NOK).

Profit and Loss

Operating Income (2017)
268.96 mln NOK  (+23.89%)
Annual Profit (2017)
202.39 mln NOK  (+22.79%)

Recent changes in gross profit of YA BANK AS and its main components are shown in Table 3.

2016 2017 % change
Interest Income 483.3 566.1 +17.14%
Interest Charges -86.9 -106.0 +21.90%
Net Interest Income 396.4 460.2 +16.09%
Commission Income 58.5 58.0 -0.93%
Commission Charges -3.2 -3.3 +4.60%
Table 3. Recent changes in gross profit of YA BANK AS (mln NOK).

In 2017 annual profit of YA BANK AS was 202.39 mln NOK. Growth compared to the previous period (2016) was 22.79%. The evolution of the annual profit of YA BANK AS is shown at Chart 2 below.

Annual Profit of YA BANK AS.

Chart 2. Annual Profit of YA BANK AS.

Market Share and Rank (among banks in Norway)

Total Assets (2017)
46th (market share 0.18%)

In 2017 YA BANK AS was ranked the 46th largest bank in Norway in terms of total assets, having 0.18% of the domestic market share.

Market share of YA BANK AS (among banks in Norway)

Chart 3. Market share of YA BANK AS (among banks in Norway)

Several banks having the market shares and ranks closest to YA BANK AS are shown below.

RankNameTotal AssetsMarket Share
45 LILLESTRĂ˜M SPAREBANK7404.87 mln NOK0.19%
46 YA BANK AS7084.28 mln NOK0.18%
47 FLEKKEFJORD SPAREBANK6484.81 mln NOK0.17%
 

Market Share and Rank (among Commercial banks in Norway)

Total Assets (2017)
12th (market share 0.28%)

In 2017 YA BANK AS was ranked the 12th largest commercial bank in Norway in terms of total assets, having 0.28% of the category's market share.

Market share of YA BANK AS (among Commercial banks in Norway)

Chart 4. Market share of YA BANK AS (among Commercial banks in Norway)

Several commercial banks having the market shares and ranks closest to YA BANK AS are shown below.

RankNameTotal AssetsMarket Share
11 PARETO BANK ASA13103.97 mln NOK0.53%
12 YA BANK AS7084.28 mln NOK0.28%
13 KOMPLETT BANK ASA (new)6359.88 mln NOK0.26%
 

Deposit Guarantee

Deposit Guarantee
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 YA 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

Further Information

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 Number  989932667