Bank Norwegian

Bank Norwegian AS
Public company
Traded as OSE: NOFI
Industry Bank
Founded 2007
Headquarters Fornebu, Norway
Area served
 Norway
Sweden
Finland
Denmark
Key people

Erik Jensen (CEO)

Bjørn H. Kise (Chairman)
Products Consumer loan, deposit and credit card
Revenue Increase NOK 1,5 billion (2015)[1]
Increase NOK 539 million (2015)[1]
Total assets Increase NOK 17,5 billion (2015)[1]
Total equity Increase NOK 1,7 billion (2015)[1]
Number of employees
 64 (2015) [1]
Parent Norwegian Finans Holding ASA
Website www.banknorwegian.no
Diamanten, Bank Norwegian's headquarters at Fornebu. The headquarters of Norwegian Air Shuttle are in the same building.

Bank Norwegian AS is a Norwegian internet bank which provides loans, credit cards and savings accounts to consumers. The company was founded in November 2007 and is headquartered at Fornebu, Norway and is co-located with Norwegian in the Diamanten ('The Diamond') office building.[2] Norwegian Air Shuttle owns 20% of the bank.

History

In May 2007, Norwegian announced that they planned to enter the banking sector, with Erik Jensen as CEO of the new company, Bank Norwegian. Mr. Jensen was previously CEO of yA Bank og Forsikring AS (yA Bank and Insurance).[3] In September 2007, Bank Norwegian received a commercial bank operating license from the Norwegian Ministry of Finance.[4] In October 2007 Norwegian announced that they planned to start a combined credit and bonus card program (Norwegian Reward) with up to 20 % bonus for international flights and 1 % of the purchase price on all credit purchases . The earlier anticipated synergy between the bank and the airline was a reality.[5] The bank began providing services in Sweden in May 2013[6] and in Denmark and Finland in December 2015.[1] On 5 April 2016, Bank Norwegian announced plans to list the company on the Oslo Stock Exchange during the second quarter of 2016.[7][8]

References

  1. 1 2 3 4 5 6 "Annual Report 2015 Norwegian Finans Holding ASA" (PDF). Norwegian Finans Holding ASA.
  2. ↑ "Nøkkelopplysninger fra Enhetsregisteret – Brønnøysundregistrene". w2.brreg.no. Retrieved 2016-05-16.
  3. ↑ NRK. "Norwegian gir kundene bank". NRK. Retrieved 2016-05-16.
  4. ↑ Finansdepartementet (2007-09-19). "Bank Norwegian AS gis tillatelse til å drive virksomhet som forretningsbank". Regjeringen.no (in Norwegian). Retrieved 2016-05-16.
  5. ↑ E24. "Norwegian vil gi bonus og kreditt". E24. Retrieved 2016-05-16.
  6. ↑ Brakstad, Tommy H. S. "Svindal og Kjos starter bank i Sverige". Nettavisen. Retrieved 2016-05-16.
  7. ↑ "Norwegian Finans Holding ASA – Contemplated Private Placement and listing on the Oslo Stock Exchange" (PDF). Norwegian Finans Holding ASA.
  8. ↑ "Bank Norwegian's owner plans initial public offering in Q2". Reuters. 2016-04-05. Retrieved 2016-05-16.

External links

This article is issued from Wikipedia - version of the 6/17/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.