The Largest Banks in Norway

Following are the largest banks in Norway ranked by total assets. DNB is the biggest Norwegian bank with assets of over $328 billion. SpareBank 1 SR Bank is the second largest bank in Norway. The ten largest banks in Norway hold combined assets of over $500 billion.

Rank Bank Total Assets, US$bn
1 DNB Group 327.06
2 SpareBank 1 SR Bank 35.10
3 Handelsbanken Norway 30.72
4 Sparebanken Vest 26.74
5 SpareBank 1 SMN 22.65
6 Santander Consumer Bank AS 20.59
7 SpareBank 1 Ostlandet 17.40
8 Sparebanken Sor 15.95
9 Sparebank 1 Nord Norge 12.40
10 Sbanken ASA * 11.93
11 SpareBank 1 Sorost Norge 9.10
12 Sparebanken More 9.08
13 Storebrand Bank Group 5.72
14 Nordea Direct Bank (formerly Gjensidige Bank) ** 5.65
15 Bank Norwegian AS ** 5.37

Total assets as of December 31, 2022, unless otherwise noted.
* Data as of March 31, 2023
** Data as of September 30, 2022

Last updated October 1, 2024