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Norway
2007 (19 Years)
Last online: No recent activity
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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.
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This company is currently Unproved.
Please be cautious of the potential risks!
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.
Get to know Bank Norwegian AS
Company Information
Get to know Bank Norwegian AS
Founded in 2007 in Norway, Bank Norwegian AS initially focused on offering credit cards and loyalty reward programs in partnership with the airline Norwegian Air Shuttle. The company has since evolved into a completely digital bank with no physical branches, expanding its product portfolio to include unsecured loans and high-yield savings accounts. It has grown significantly beyond Norway, establishing a strong presence in Sweden, Denmark, Finland, and more recently in Spain and Germany. In November 2021, Bank Norwegian was acquired by Nordax Bank AB (publ) and now operates as a branch of its parent company, continuing to provide straightforward and accessible digital banking services to consumers across its European markets.
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