Established in 2006, yA Bank is a Norwegian bank, offering simple and transparent retail banking products at competitive prices.
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.
YA BANK AS participates in deposit guarantee scheme of Norway. This scheme covers accounts up to 2 000 000 NOK per bank per depositor.
YA BANK AS is headquartered in OSLO.
|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.
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.
|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.
|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).|
|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.
|Net Interest Income||396.4||460.2||+16.09%|
|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.
Chart 2. Annual Profit of YA 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 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|
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.