Suvarna Garge (Editor)

Landkreditt Bank

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Type
  
Subsidiary

Area served
  
Norway

Operating income
  
6 million kr (2006)

Headquarters
  
Oslo, Norway

Number of employees
  
42 (2007)

Industry
  
Financial services

Key people
  
Ola Jordhøy (CEO)

Website
  
www.landkredittbank.no

Founded
  
2002

Parent organization
  
Landkreditt

Landkreditt Bank AS is a Norwegian commercial bank aimed explicitly at the agricultural sector. The bank only offers its products online, and has no branch offices. It is owned by one of 13 agricultural cooperatives in Norway, Landkreditt. Total equity is NOK 4.6 billion.

Traditionally Landkreditt only offered credit to the agricultural sector, but since 2002 the company has also expanded into other financial services like insurance, mutual funds and mortgages. The owning company is the cooperative Landkreditt BA while the banking itself is performed by Landkreditt Bank AS.

References

Landkreditt Bank Wikipedia