Investor Relations
- We are subject to Luxembourg banking laws, which are based on the CRD/CRR (Basel) regulations of the EU.
- Advanzia is checked and regulated by the Luxembourgish Commission de Surveillance du Secteur Financier (CSSF).
- EU passporting rules enable us to offer our products and services in any country that belongs to the EU and the European Economic Area.
- As a Luxembourg-based bank, Advanzia is a member of the Fonds de garantie des dépôts Luxembourg (FGDL) deposit protection system, which guarantees customer deposits of up to 100 000 euros.
Advanzia is an independent bank with a limited number of shareholders. At present the Kistefos Group, which is headquartered in Oslo (Norway), holds 60.3% of the issued shares. Kistefos has been the majority shareholder since 2006.
Key Figures
2.6 |
2 711.1 |
97.5 |
4 155.6 |
229.8% |
Million credit card customers |
Million euro
in deposits |
Million euro net profits |
Million euro
total assets |
Liquidity coverage
|
3 038.8 |
14.0% |
29.5% |
475.2 |
22.4% |
Million euro
credit card balance |
Net Interest Margin |
Return on shareholders' equity |
Million euro
total equity |
Total capital ratio (1) |
(1) including interim profits
Annual and quarterly reports
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2024
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2023
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2022
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2021
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2020
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2019
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2018
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2017
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Advanzia Bank’s Board of Directors
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Bengt Arve Rem, Norway, Chairperson
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Eirik Holtedahl, Norway
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Kristian Huseby, Norway
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Tor Erland Fyksen, Luxembourg
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Wiljar Nesse, Norway
Debt Instruments
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Senior notes
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Tier 2 bonds
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AT1 bonds
Credit Rating
Counterparty risk rating | Baa2* |
Bank deposit rating | Baa3* (stable) |
Issuer rating | Baa3* (stable) |
Last rating action |
19 April 2024 (ratings upgraded) |
*Long-term rating, applicable to domestic and foreign currencies
For further information, please consult:
25 April 2024: Credit Opinion Advanzia Bank
19 April 2024: Moody's Ratings upgrades Advanzia Bank's deposit and issuer ratings to Baa3; outlook stable
27 July 2023: Moody's affirms Advanzia Bank's Ba1 deposit and issuer ratings; outlook changed to stable from positive
16 March 2023: Moody's assigns first-time Ba1 deposit and issuer ratings to Advanzia Bank; outlook positive
Note: A credit rating does not constitute an investment recommendation and can be revised any time.
Contact Investor Relations
Please do not hesitate to contact our Investor Relations team for any queries related to our financial reports, credit ratings or debt instruments.