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Banking In Norway
This contains a list of banks in Norway. There are three types of banks in Norway: commercial banks, savings banks (Norwegian: Sparebank) and branches of foreign banks. Commercial banks Savings banks Foreign branches External links The Financial Supervisory Authority of NorwayRegistry of Financial Institutions {{List of banks in Europe Norway Banks Norway Norway, officially the Kingdom of Norway, is a Nordic country in Northern Europe, the mainland territory of which comprises the western and northernmost portion of the Scandinavian Peninsula. The remote Arctic island of Jan Mayen and the ...
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Bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ...
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Nordlandsbanken
Nordlandsbanken was a Norwegian bank serving the County of Nordland. Nordlandsbanken was at the end a wholly owned subsidiary of DnB NOR who bought the bank in 2003. It had total assets of NOK 22 billion and headquarters in Bodø. The bank had 17 branches. History Nordlands Privatbank was established on 1 July 1893, as the first commercial bank in Northern Norway. The bank expanded with a cooperations with other banks established Ofotens Bank in Narvik in 1899. Later branches were established in Svolvær (1910) and Sortland (1918). The boom and bust during World War I and the following economic crisis struck the bank hard, and in 1923 the bank was put under public administration, and reemerged as a new bank in 1928. After 1945, the Government lay pressure on small banks to merge. Nordlandsbanken was created as a merger between Fauske Bank, Søndre Helgelands Kreditbank, Helgelands Fiskeri- og Handelsbank and Nordlands Privatbank. Until DnB NOR bought the bank in 2003, it wa ...
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YA Bank
yA Bank is a Norwegian bank offering basic banking and financial services to personal customers. Information Established in 2006 and with headquarters in Oslo, Norway, yA Bank has over 100,000 customers. yA Bank, a limited company (aksjeselskap or AS), is owned by yA Holding, a public limited company (allmennaksjeselskap or ASA), where shareholders include Norwegian and foreign institutional investors, funds, and banks. Kistefos AS is the largest shareholder. yA Holding is traded over the counter on the NOTC A-list of The Norwegian Securities Dealers Association. yA Bank is a member of the Norwegian Banks' Guarantee Fund. On November 30, 2018, yA Bank merged with Resurs Bank AB.Oslo Børs Oslo Stock Exchange ( no, Oslo Børs) (OSE: OSLO) is a stock exchange within the Nordic countries and offers Norway’s only regulated markets for securities trading today. The stock exchange offers a full product range including equities, der ...Gjennomført fusjon mellom yA Bank ...
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Voss Veksel- Og Landmandsbank
Voss Veksel- og Landmandsbank () or Vekselbanken is a Norwegian commercial bank located in Voss, Hordaland. It is the only remaining independent commercial bank that had not merged into DnB NOR, Nordea, Fokus Bank or a sparebank. History The bank is listed on the Oslo Stock Exchange and was founded in 1899 to provide services to the labourers working on building the Bergen Line The Bergen Line or the Bergen Railway ( no, Bergensbanen or nn, Bergensbana), is a long scenic standard gauge railway line between Bergen and Hønefoss, Norway. The name is often applied for the entire route from Bergen via Drammen to Oslo, ... through Voss. Banks of Norway Companies based in Hordaland Banks established in 1899 Companies listed on the Oslo Stock Exchange 1899 establishments in Norway {{Norway-bank-stub ...
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Storebrand
Storebrand is a financial services company in Norway. By volume, the company's main activities are related to life insurance and pension savings. However, the company also has major divisions working on investments, banking and, until 1999 and again since 2006, P&C insurance products. Through its acquisition of Swedish SPP from Handelsbanken in 2007, Storebrand gained a sizable division dedicated to the Swedish market for life insurance. The company's headquarters are located in Lysaker in the municipality of Bærum, just outside Oslo, Norway. Storebrand is a public company listed on the Oslo Stock Exchange. The company CEO is Odd Arild Grefstad. Storebrand issues an annual report for companies engaging in socially responsible investments. History The company traces its roots back to 1767 when Den almindelige Brand-Forsikrings-Anstalt, later Norges Brannkasse, was formed. In 1982 Storebrand merged with its competitor, insurance company Norden, to form the Storebrand-Norden ...
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Skandinaviska Enskilda Banken
Skandinaviska Enskilda Banken AB (, abbreviated SEB, is a northern European financial services group headquartered in Stockholm, Sweden. In Sweden and the Baltic countries, SEB has a full financial service offering. In Denmark, Finland, Norway, Germany, and the United Kingdom, the bank's operations are focused on corporate and investment banking services to corporate and institutional clients. The bank was founded by the Swedish Wallenberg family, which is still SEB's largest shareholder through investment company Investor AB. History In 1972, Stockholms Enskilda Bank (established in 1856 by André Oscar Wallenberg) and Skandinaviska Banken (established in 1864) merged to form SEB. Reasons for the merger included creating a bank better positioned to serve corporate clients and to fend off competition from major international banks. SEB acquired Swedish insurance company Trygg-Hansa in 1997, and integrated its life insurance activities. The property and casualty insurance portio ...
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Pareto Bank
Pareto may refer to: People * Vilfredo Pareto (1848–1923), Italian economist, political scientist, and philosopher, works named for him include: ** Pareto analysis, a statistical analysis tool in problem solving **Pareto distribution, a power-law probability distribution **Pareto efficiency **Pareto front, the set of all Pareto efficient solutions **Pareto principle, or the 80-20 rule * Bartolomeo Pareto, medieval priest and cartographer from Genoa * Graziella Pareto (1889–1973), Catalan soprano * Lorenzo Pareto (1800–1865), Italian geologist and statesman * Paula Pareto (born 1986), Argentine judoka * Benedetto Pareto, builder of the Shrine of Nostra Signora della Guardia in Liguria, Italy Other uses * Pareto, Piedmont, a town in Italy * Pareto Group, a Norwegian finance company See also * Paret, a surname * Pereto, a town in Italy * Perito Perito ( Cilentan: ''Prito'') is a town and ''comune'' in the province of Salerno in the Campania region of south-western Ita ...
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Bergen
Bergen (), historically Bjørgvin, is a city and municipality in Vestland county on the west coast of Norway. , its population is roughly 285,900. Bergen is the second-largest city in Norway. The municipality covers and is on the peninsula of Bergenshalvøyen. The city centre and northern neighbourhoods are on Byfjorden, 'the city fjord', and the city is surrounded by mountains; Bergen is known as the "city of seven mountains". Many of the extra-municipal suburbs are on islands. Bergen is the administrative centre of Vestland county. The city consists of eight boroughs: Arna, Bergenhus, Fana, Fyllingsdalen, Laksevåg, Ytrebygda, Årstad, and Åsane. Trading in Bergen may have started as early as the 1020s. According to tradition, the city was founded in 1070 by King Olav Kyrre and was named Bjørgvin, 'the green meadow among the mountains'. It served as Norway's capital in the 13th century, and from the end of the 13th century became a bureau city of the Hanseatic Leag ...
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Sbanken
Sbanken ASA is a Norwegian online bank headquartered in Bergen. The CEO is Øyvind Thomassen. History The bank was founded by Skandia as a branch of its existing bank in Sweden, Skandiabanken, on April 27, 2000, and became the first online-only bank in Norway. Skandiabanken Norway was separated from Skandiabanken Sweden and further Skandia group in 2015, becoming its own company ''Skandiabanken ASA'', and was consequently renamed ''Sbanken ASA'' on November 6, 2017. In August 2020, Sbanken had 460,000 customers, and as of 31 December 2019, it had total assets of approx. 93 billion. The bank has over 400 employees. Sbanken ASA is listed on the Oslo Stock Exchange Oslo Stock Exchange ( no, Oslo Børs) (OSE: OSLO) is a stock exchange within the Nordic countries and offers Norway’s only regulated markets for securities trading today. The stock exchange offers a full product range including equities, der .... In and by mid 2022 after decisions made by norwegian governme ...
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