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The history of the central bank of Norway can be traced back to 1816, when, two years after the separation from Denmark and the union with Sweden, Norges Bank was established by an Act of the Storting (the Norwegian parliament) on 14 June.
Bank Website Main office Founded Parent Bank2: Oslo: 2005 Bank Norwegian: Bærum: 2007 NOBA Bank Group: BN Bank: Trondheim: DNB Bank: Oslo 1822 DNB ASA: Landkreditt Bank: Oslo 1915 Landkreditt: Nordea Bank Norge: Oslo Nordea: Santander Consumer Bank: Bærum Banco Santander: Sbanken: Bergen: 2000 DNB ASA: Pareto Bank: Oslo 2008 SEB Privatbanken ...
The DNB Bank Group is the largest entity in the DNB Group and Norway's largest bank, offering services to the corporate, retail, and securities markets and the public sector. Domestically, the group has an investment bank, DNB Markets, the finance company Cresco, the real estate agency DNB Eiendom and DNB Asset Management, which operates as a ...
The global investment fund is managed by Norges Bank Investment Management (NBIM), part of the Norwegian Central Bank on the behalf of the Ministry of Finance. [ 9 ] As of June 2011, [update] it was the largest pension fund in the world, but it is not a pension fund in the conventional sense, as it derives its financial backing from oil profits ...
Bank Norwegian is a Norwegian digital bank which provides loans, credit cards and savings accounts to consumers. [2] The company was founded in November 2007 and is headquartered at Fornebu , Norway and have customers in Norway, Sweden, Denmark, Finland, Germany and Spain.
The bank's headquarters were in Bergen, Norway. DnB was created as a merger between Bergen Bank and Den norske Creditbank in 1990 after a major downturn in the economy, especially affecting the banks, who lost vast amounts of money due to misheld loans and falling housing prices.
In 1973, the bank opened its first international office, in Luxembourg. In the 1980s, the bank further acquired Andresens Bank (in 1980), Vestfoldbanken (in 1981) and Fiskernes Bank (in 1983). In the last years of the 1980s, there was a major financial crisis in Norway and by 1991 the bank had used up all capital.
The Norwegian Industrial Bank (Norwegian: Den Norske Industribank), also known as the Industry Bank, was a Norwegian bank. It had a nationwide mandate as an industrial development bank. [1] It was created in 1936, amid the interwar economic crisis, to supply loans to industry and hotels. The Norwegian state owned about half of the shares. [2]