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Fellesbanken
Fellesbanken was a Norwegian bank that existed between 1920 and 1985 with offices in Oslo, Norway. It was created as a central bank for the Norwegian savings banks as well as functioning as a commercial bank. It merged with Sparebanken Oslo/Akershus in 1985 to form Sparebanken ABC. It is now part of DnB NOR. History Fellesbanken was created with two functions. First of all it was to function as a central bank for the savings banks of Norway. Originally, the savings banks of Norway were all independent banks without branches, though they still had a need for central banking functions. It was not until after World War II that it became normal for savings banks to merge and the need for such a central bank depleted. Fellesbanken was also a commercial bank, and allowed the savings banks to have such a bank. Commercial banks had certain privileges that savings banks didn't, especially within the business sector. These privileges disappeared, and by the time of their merger they ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sparebanken ABC
Sparebanken ABC, sometimes branded as ABC Bank, was a Norwegian savings bank based in Oslo, in existence between 1985 and 1990. The bank was a merger between Sparebanken Oslo/Akershus (founded in 1822) as Christiania Sparebank) and Fellesbanken (founded in 1920). The bank lasted until 1990 when it merged with four other savings banks in Eastern Norway to create Sparebanken NOR. The bank is now part of DnB NOR after Sparebanken NOR merged with Gjensidige to create Gjensidige NOR in 1999 and Gjensidige NOR merged with Den norske Bank Den norske Bank or DnB was a Norwegian bank that existed between 1990 and 2003 when it merged with Gjensidige NOR to form DnB NOR (now DNB ASA). The bank's headquarters were in Bergen, Norway. DnB was created as a merger between Bergen Bank and ... in 2003 to create DnB NOR. External links DnB NOR corporate web site Defunct banks of Norway Companies based in Oslo Banks established in 1985 Banks disestablished in 1990 1985 establishments in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
DnB NOR
DNB ASA (formerly DnB NOR ASA) is Norway's largest financial services group with total combined assets of more than NOK 1.9 trillion and a market capitalisation NOK 164 billion as of 20 May 2016. DNB's head office is located in Oslo. The two largest owners of DNB are the Norwegian Ministry of Trade and Industry (34.0%) and Sparebankstiftelsen DnB NOR (10.0%). The latter was created as a foundation with the sole purpose of owning part of the company. It was created when Gjensidige NOR was made a public limited company to ensure that the companies' customers retained partial ownership of the company. The foundation also can give up to 25% of its received dividend as gifts to charity. Operations 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Merger
Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is a legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. A deal may be euphemistically called a ''merger of equals'' if both CEOs agree that joining together is in the best interest of both of their companies. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. In most countries, mergers and acquisitions must comp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bodø
Bodø (; smj, Bådåddjo, sv, Bodö) is a municipality in Nordland county, Norway. It is part of the traditional region of Salten. The administrative centre of the municipality is the town of Bodø (which is also the capital of Nordland county). Some of the notable villages in Bodø include Misvær, Skjerstad, Saltstraumen, Løding, Løpsmarka, Kjerringøy, Sørvær, and Fenes. The municipality of Bodø is located just north of the Arctic Circle and the town of Bodø is the largest urban area and town in Nordland county, and the second largest town in North Norway. The municipality is the 66th largest by area out of the 356 municipalities in Norway. Bodø is the 19th most populous municipality in Norway with a population of 52,803. The municipality's population density is and its population has increased by 9% over the previous 10-year period. Bodø was named one of the European Capitals of Culture for 2024. It is also home to football club Bodø/Glimt, the northernmo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Disestablished In 1985
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 anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1920
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 anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Oslo
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defunct Banks Of Norway
{{Disambiguation ...
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vadsø
Vadsø (; sme, Čáhcesuolu; fkv, Vesisaari) is a municipality in Troms og Finnmark County, Norway. The administrative centre of the municipality is the town of Vadsø, which was the administrative centre of the former Finnmark county. Other settlements in Vadsø include Ekkerøy, Kiby, Krampenes, Skallelv, Valen, and Vestre Jakobselv. The municipality is the 83rd largest by area out of the 356 municipalities in Norway. Vadsø is the 170th most populous municipality in Norway with a population of 5,568. The municipality's population density is and its population has decreased by 9.1% over the previous 10-year period. Economy: the service industries have more impact on employment than the total of farming, fishing and the manufacturing industy. The city has suppliers to the regional construction industries, including a concrete works. One bookstore exists. General information The village of Vadsø was granted town status in 1833. In 1838, the town of Vadsø and the e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trondheim
Trondheim ( , , ; sma, Tråante), historically Kaupangen, Nidaros and Trondhjem (), is a city and municipality in Trøndelag county, Norway. As of 2020, it had a population of 205,332, was the third most populous municipality in Norway, and was the fourth largest urban area. Trondheim lies on the south shore of Trondheim Fjord at the mouth of the River Nidelva. Among the major technology-oriented institutions headquartered in Trondheim are the Norwegian University of Science and Technology (NTNU), the Foundation for Scientific and Industrial Research (SINTEF), and St. Olavs University Hospital. The settlement was founded in 997 as a trading post, and it served as the capital of Norway during the Viking Age until 1217. From 1152 to 1537, the city was the seat of the Catholic Archdiocese of Nidaros; it then became, and has remained, the seat of the Lutheran Diocese of Nidaros, and the site of the Nidaros Cathedral. It was incorporated in 1838. The current municipalit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tromsø
Tromsø (, , ; se, Romsa ; fkv, Tromssa; sv, Tromsö) is a List of municipalities of Norway, municipality in Troms og Finnmark county, Norway. The administrative centre of the municipality is the Tromsø (city), city of Tromsø. Tromsø lies in Northern Norway. The municipality is the 21st largest by area out of the 356 municipalities in Norway. With a population of 77,544, Tromsø is the 12th most populous municipality in Norway. The municipality's population density is and its population has increased by 12.2% over the previous 10-year period. It is the largest urban area in Northern Norway and the third largest north of the Arctic Circle anywhere in the world (following Murmansk and Norilsk). The city center of Tromsø is located on the island of Tromsøya, but the urban area also encompasses part of the nearby mainland and part of the island Kvaløya. Tromsø is north of the Arctic Circle. Tromsøya is connected to the mainland by the Tromsø Bridge and the Tromsøysun ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sarpsborg
Sarpsborg ( or ), historically Borg, is a city and municipality in Viken county, Norway. The administrative centre of the municipality is the city of Sarpsborg. Sarpsborg is part of the fifth largest urban area in Norway when paired with neighbouring Fredrikstad. As of 1 January 2018, according to Statistics Norway these two municipalities have a total population of 136,127 with 55,840 in Sarpsborg and 81,278 in Fredrikstad. Borregaard Industries is, and always has been, the most important industry in the city. The city is also the home of Borg Bryggerier, part of the Hansa Borg Bryggerier, which is Norway's second largest brewery-group. General information Name In Norse times the city was just called ''Borg'' (from ''borg'' which means " castle"). The background for this was the fortification built by Olav Haraldsson (see History section). Later the genitive case of the name of the waterfall ''Sarpr'' ( Sarp Falls) was added, it's unclear how Sarpsborg received thi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
