Norway has a well-developed banking system, dominated by a few large banks and supplemented by regional and digital banks. Here are some of the top banks in Norway:
1. DNB (Den Norske Bank)
- Largest bank in Norway with a strong international presence.
- Offers retail, corporate, and investment banking services.
- Known for digital banking solutions and mobile banking.
2. Nordea Norway
- Part of Nordea Group, the largest financial services group in the Nordics.
- Strong in corporate banking, mortgages, and wealth management.
- Offers innovative digital banking services.
3. SpareBank 1 Group
- A network of regional savings banks.
- Offers personal banking, insurance, and business banking services.
- Well-known for customer-friendly banking.
4. Handelsbanken Norway
- Swedish-owned bank with a strong presence in Norway.
- Focuses on personalized banking services for individuals and businesses.
- Known for strong financial stability.
5. Sbanken (Formerly Skandiabanken)
- First digital-only bank in Norway.
- Offers low-fee banking, savings accounts, and investment services.
- Popular for its user-friendly online banking.
6. Sparebanken Vest
- One of Norway’s largest regional banks, based in Bergen.
- Focuses on personal and small business banking.
- Strong community involvement.
7. Sparebanken Sør
- A leading savings bank in Southern Norway.
- Offers competitive mortgages, savings, and business loans.
8. Storebrand Bank
- Part of Storebrand Group, specializing in savings, pensions, and insurance.
- Focuses on sustainable and responsible banking.
9. Eika Gruppen
- A network of small local banks across Norway.
- Focused on community-based banking and personal service.
10. BN Bank
- Specializes in home loans, deposits, and commercial banking.
- Popular for competitive mortgage rates.