Pareto Bank ASA

General Information
Company Name
Pareto Bank ASA
Founded Year
2007
Location (Offices)
Norway +1
Founders / Decision Makers
Number of Employees
67
Industries
Finance, Financial Services, Banking +1
Funding Stage
-
Social Media

Pareto Bank ASA - Company Profile

Pareto Bank ASA is a Norwegian financial institution that was founded in 2007. The bank's core focus is on understanding its customers and providing tailored financial solutions, particularly in the areas of property financing and support for medium-sized businesses. With a strong emphasis on expertise and personalized service, Pareto Bank has made a significant impact in the financial market. The bank went public in 2016, with Pareto AS as its major stakeholder. With a solid foundation and a capital base, Pareto Bank is well-positioned for continued profitable growth. Pareto Bank's commitment to understanding risk and enabling solutions where other financial institutions hesitate has been pivotal. This approach has allowed the bank to support medium-sized businesses and emerging projects, contributing to job creation and positive development in Norway. The bank's performance in 2023 marked its most successful year to date, with a post-tax profit of 605.0 million. Currently, Pareto Bank employs 65 professionals and manages assets worth approximately 25 billion. The bank has a strong presence in the property financing sector and a significant focus on supporting Norwegian shipping companies and project development. In summary, Pareto Bank ASA has established itself as a proactive and agile financial institution, prioritizing customer-centric solutions and profitable growth. With a track record of success, a solid capital base, and a commitment to expertise-driven operations, Pareto Bank is in a prime position to continue its positive impact on the financial sector in Norway.

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