Banks in Norway

 

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.