Company Information

Get to know Fjord Bank

Established in December 2019, Fjord Bank AB is a modern digital bank that operates under a specialized bank license granted by the European Central Bank. The bank focuses on providing straightforward and accessible consumer finance services, primarily offering fixed-term deposits and consumer loans to private individuals in Lithuania. Fjord Bank aims to simplify banking through efficient digital processes, positioning itself as a flexible and competitive alternative to traditional banking institutions in the region.

Industry

Financial BankingPRIMARY
Financial Other Service

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Fjord Bank

Lithuania

Founded in

2017 (9 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(326 reviews)

United States

2008

(18 years)

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Security Information

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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.