Company Information

Get to know BN Bank ASA

BN Bank ASA is a Norwegian digital bank that offers a range of simple and competitive banking products, primarily focused on savings and loans for both the retail and corporate markets. Originally established in 1961 as Bolig- og Næringskredittkassen, it has evolved into a fully digital financial institution. The bank is owned by the SpareBank 1 Alliance and aims to be a straightforward and efficient alternative in the Norwegian banking sector, operating without physical branches.

Industry

Financial BankingPRIMARY

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BN Bank ASA

Norway

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.