Banks in Norway


Norges Bank	Nordea Bank Norge	Nordlandsbanken	Storebrand	Vekselbanken

Norges Bank – The central bank of Norway, established on June 14, 1816. All Executive Board appointments are made by King Harald V, after a decision by the Council of State. With about 600 employees, the Bank has offices in Oslo, London, Singapore, Shanghai and New York. At end 2010 Norges Bank managed assets totaling NOK3.34 trillion (US$573.5 billion) in international capital markets.
Bolig- og Næringsbanken (BN Bank ASA) – A Norwegian commercial bank owned by a consortium of SpareBank1 Banks. The Bank specializes in mortgage loans, private financing and savings accounts. The company was founded in 1961 and is headquartered in Trondheim.
Cresco – A Norwegian finance company that offers credit cards and consumer finance. The company is owned by DnB NOR and is based in Trondheim, Norway.
Fokus Bank – A brand name for Danske Bank Group's Norwegian operation. With over 1000 employees, it serves over 200,000 private customers and business customers. The Bank has more than 40 branches across Norway with its headquarters in Trondheim. Fokus Bank is the sole provider of financial services offered by the Danske Bank in Norway.
Landkreditt Bank AS – A Norwegian commercial bank founded in 2002 and is headquartered in Oslo. The bank only provides its products online. It operates as a subsidiary of Landkreditt, a Norwegian financial group established in 1915.
Nordea Bank Norge (NBN) – A wholly owned subsidiary of Nordea Bank AB, a Sweden-based financial services group operating in Northern Europe. NBN has subsidiaries in Norway and branches in New York and Cayman Island. The most significant subsidiaries are Nordea Eiendomskreditt AS (NE) and Nordea Finans Norge AS (NFN).
Nordlandsbanken – A Norwegian commercial bank established in 1893 and is headquartered in Bodø, Norway. The Bank operates as a subsidiary of DnB NOR who bought the company in 2003. With over 300 employees, the company has 18 branches across the North Norway region.
Santander Consumer Bank AS – A subsidiary of the Spanish Santander Group. It is one of the most profitable banks in Norway in terms on return on equity. The company offers products within car finance, credit cards (Gebyrfri Visa, Santander Red and Flexi Visa) and consumer loans.
Storebrand – A leading player in the Nordic markets for pensions, life and health insurance, banking and asset management. The company was founded in 1767 and is based Lysaker, Norway.
SpareBank 1 Alliance – The main grouping of Norwegian savings banks, covering all of Norway. SpareBank 1 Alliance is Norway’s second largest bank with total assets of about US$118 billion, 355 branches and over 6500 employees. The member banks in the alliance work in part through common projects and in part through the jointly owned holding company SpareBank 1 Gruppen AS. The SpareBank 1 Alliance was established in 1996 by major Norwegian regional savings banks.
Sparebanken Hedmark – A Norwegian savings bank based in Hedmark County. The Bank serves over 160,000 retail and corporate customers through a network of about 30 branches in Hedmark. Sparebanken Hedmark is a member of the alliance SpareBank 1.
SpareBank 1 SR-Bank (formerly Sparebanken Rogaland) – The largest savings bank in Norway with total assets of NOK 131 billion (US$21.9 billion) (2011). The Bank serves over 300,000 customers through a network more than 50 branches in in Rogaland, Agder and Hordaland. The company was created in 1976 and is headquartered in Stavanger, Norway.
Sparebanken Vest – The third largest savings bank in Norway with total assets of about NOK112 billion (US$18.7 billion). The company has about 70 branches in Hordaland, Sogn & Fjordane and Rogaland. The Bank was established in 1823 and is headquartered in Bergen, Norway.
Voss Veksel- og Landmandsbank (Vekselbanken) – A Norwegian commercial bank in western Norway. The Bank has one office in Voss, as well as an office in Haugamoen. The company was founded in 1899 and is headquartered in Voss, Hordaland.