Netfonds Holding AS (Netfonds) is the parent company of Netfonds
Bank AS, a Norwegian bank, and Netfonds Livsforsikring AS, a
Norwegian life insurance company. Netfonds Bank AS operates an
online securities trading service for Denmark, Sweden, Norway and
Netfonds is based in Oslo and supervised by Finanstilsynet (The
Financial Supervisory Authority of Norway).
Rolf Dammann is the chief executive officer and is a majority
Risk - Capital Requirements
Netfonds evaluates risk continuously, and is subject to the
following significant risks:
- Credit risk, which is reduced through strict lending practice.
- Operational risk, which is controlled by strict routine checks
and back up systems.
- Liquidity risk, which is reduced through credit lines from other
finance institutions and high deposit-to-loan ratio.
For details, see documents below:
- ICAAP overview
report for Netfonds
- Quarterly consolidated accounts for Netfonds Holding/Bank/Liv