SDBN provides financial institutions a differentiated liquidity tool to manage and diversify EUR cash balances.
About the Bank
SDBN makes the financial system safer by providing Central Bank-grade counterparty risk, unconditional liquidity, and a meaningful commercial advantage to Clients at a low, predictable, transparent cost.
SDBN was created in direct response to the financial crisis of 2008. The crisis brought the safety and liquidity of cash itself into sharp focus. Cash instruments like Money Market Funds and even bank deposits, until then deemed “safe and liquid,” proved not to be. The shock led market participants to rethink cash security, liquidity, and transparency. In response, a pair of Norwegian banking analysts founded SDBN in 2012 to protect European regulated institutional cash deposits. The founders aimed to provide Central Bank-grade counterparty risk and unconditional liquidity to their Clients at a manageable, predictable, transparent cost. The low and predictable cost generates meaningful commercial advantages for Clients both in terms of managing their own businesses and creating competitive advantage by passing savings along to their clients.
While progress has been made in the wake of the crisis, the financial system can still be characterised as complex and interconnected, and therefore less than optimally diversified or resilient to shocks.
SDBN Core Team
SDBN Board of Directors
Safe Deposit Bank of Norway is licensed by the Ministry of Finance of Norway and regulated by Finanstilsynet, the Norwegian Financial Services Authority (NFSA).
The bank is headquartered in Oslo, Norway, where it was founded.
Safe Deposit Bank of Norway is owned by Safe Deposit Holding ASA