• 2018 turnover EUR 170m
  • No. of employees ~ 400
  • Acquisition date April 2016

Sbanken ASA

Sbanken ASA (former “Skandiabanken ASA”) was launched in 2000 and has since then grown to become the largest independent online bank in the Nordics. The bank offers a comprehensive range of financial products and services to individuals and households in Norway within payments and card services, deposit-based savings, investment products, long-term and short-term loans. Sbanken ASA is listed on the Oslo Stock Exchange.

Why we believe in Sbanken:

  • Sbanken is the preferred retail bank in the industry with the most satisfied customers in Norway 18 years running
  • Born digital, Sbanken has a structural advantage in a market with increasingly digital customer demands
  • Sbanken has a highly scalable platform with the potential to further develop market position and offer a broader range of products


  • Magnar Øyhovden CEO

Investment Advisory Team

  • Hugo Maurstad BoD
  • Tom Jovik
  • Herman Korsgaard