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Landkreditt Bank

From Wikipedia, the free encyclopedia
Landkreditt Bank AS
Company typeSubsidiary
IndustryFinancial services
Founded2002
HeadquartersOslo, Norway
Area served
Norway
Key people
Ola Jordhøy (CEO)
6 million kr (2006)
Number of employees
42 (2007)
ParentLandkreditt
Websitewww.landkredittbank.no

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.