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SpareBank 1 SMN
SpareBank 1 SMN is a Norwegian savings bank based in Trøndelag. The bank has 71 branches in 51 municipalities in Central Norway and is part of the bank alliance SpareBank 1. In Nord-Trøndelag and Sør-Trøndelag the bank is branded SpareBank 1 Midt-Norge while it is branded SpareBank 1 Romsdals Fellesbank in Møre og Romsdal but in April 2008 the bank changed its name to Sparebank 1 SMN. The company has its head office in Trondheim. The CEO is Finn Haugan. The bank has total assets of NOK 46 billion, making it the 9th largest bank in Norway. In Trøndelag the bank has a market share of 38% while it has a 28% marked share in Romsdal. The bank serves both private customers in addition to agricultural, small and medium-sized businesses in addition to the public sector. History The bank has roots to Trondhjems Sparebank which was founded to 1823. Sparebanken Midt-Norge was created in 1984 when 23 savings banks in Trøndelag merged to create a regional savings bank. In 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Savings Bank
A savings bank is a financial institution whose primary purpose is accepting savings account, savings deposits and paying interest on those deposits. History of banking, They originated in Europe during the 18th century with the aim of providing access to Wealth, savings products to all levels in the population. Often associated with social good, these early banks were often designed to encourage low-income people to Saving, save money and have access to banking services. They were set up by governments or by socially committed groups or organisations such as with credit unions. The structure and legislation took many different forms in different countries over the 20th century. Savings banks and Savings and loan association, savings-and-loans are often confused. The original function of savings banks to service consumers was limited to savings. Savings banks invested in Government debt, government and Corporate bond, corporate debt. Savings and loan associations had a dual p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Romsdal
Romsdal is a traditional district in the Norwegian county Møre og Romsdal, located between Nordmøre and Sunnmøre. The district of Romsdal comprises Aukra, Fræna, Midsund, Molde, Nesset, Rauma, Sandøy, and Vestnes. It is named after the valley of Romsdalen, which covers part of Rauma. The largest town is Molde, which is also the seat of Møre og Romsdal County Municipality. Åndalsnes is a town located near the mouth of the river Rauma in the municipality of Rauma. The Rauma Line comes from Dombås and terminates at Åndalsnes. Naming The Old Norse form of the name was ''Raumsdalr''. The first element is the genitive case of a name ''*Raumr'', probably the old (uncompounded) name of Romsdal Fjord, again derived from the name of the river Rauma, i.e. "The Dale of Rauma". The name ''Rauma'' is itself a mystery, but a tantalizing clue may be found in the works of the Gothic historian Jordanes. He mentions a tribe called "Raumii", which might be the origin of both the land ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Trondheim
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] |
Banks Of Norway
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] |
Gunnerus Sustainability Award
The Gunnerus Sustainability Award is an international research award, conferred every other year by the Royal Norwegian Society of Sciences and Letters (DKNVS) and the Norwegian University of Science and Technology (NTNU). Its full name is The Gunnerus Award in Sustainability Science conferred by the Royal Norwegian Society of Sciences and Letters and the Norwegian University of Science and Technology. The prize is presented to a scholar who has made outstanding contribution to sustainable science within the fields of natural sciences, social sciences, humanities, or technological sciences, either through interdisciplinary work or through work within one of these fields. The Gunnerus Sustainability Science Award is the first major international prize for outstanding scientific work that promotes sustainable development globally. It is named after the scientist and bishop Johan Ernst Gunnerus (1718–1773), who was one of the founders of DKNVS, and Norway's first internationally a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Royal Norwegian Society Of Sciences And Letters
The Royal Norwegian Society of Sciences and Letters ( da, Det Kongelige Norske Videnskabers Selskab, DKNVS) is a Norwegian learned society based in Trondheim. It was founded in 1760 and is Norway's oldest scientific and scholarly institution. The society's Protector is King Harald V of Norway. Its membership consists of no more than 435 members elected for life among the country's most prominent scholars and scientists. The society’s Danish name predates both written standards for Norwegian and has remained unchanged after Norway’s independence from Denmark in 1814 and the spelling reforms of the 20th century. History DKNVS was founded in 1760 by the bishop of Nidaros Johan Ernst Gunnerus, headmaster at the Trondheim Cathedral School Gerhard Schøning and Councillor of State Peter Frederik Suhm under the name ''Det Trondhiemske Selskab'' (the Trondheim Society). From 1761 it published academic papers in a series titled ''Skrifter''. It was the northernmost learned society in th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Glitnir Bank
Glitnir was an international Icelandic bank. It was created by the state-directed merger of the country's three privately held banks - ''Alþýðubanki'' (Union Bank), ''Verzlunarbanki'' (Bank of Commerce) and ''Iðnaðarbanki'' (Industrial Bank) - and one failing publicly held bank - ''Útvegsbanki'' (Fisheries Bank) - to form ''Íslandsbanki'' in 1990. At the time, ''Íslandsbanki'' was the only major privately held commercial bank in Iceland. It was publicly listed on the Iceland Stock Exchange, in 1993. ''Íslandsbanki'' subsequently merged with FBA Icelandic Investment Bank in 2000. On 20 February 2009, in light of the Icelandic financial crisis, the bank’s name was changed back to the original Íslandsbanki. By 15 October 2009, it was decided that 95% of the new Íslandsbanki would be taken over by the creditors of Old Glitnir, while the government of Iceland would retain ownership of the remaining 5%. Ownership A third of the company was owned by Stodir. A large shar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Iceland
Iceland ( is, Ísland; ) is a Nordic island country in the North Atlantic Ocean and in the Arctic Ocean. Iceland is the most sparsely populated country in Europe. Iceland's capital and largest city is Reykjavík, which (along with its surrounding areas) is home to over 65% of the population. Iceland is the biggest part of the Mid-Atlantic Ridge that rises above sea level, and its central volcanic plateau is erupting almost constantly. The interior consists of a plateau characterised by sand and lava fields, mountains, and glaciers, and many glacial rivers flow to the sea through the lowlands. Iceland is warmed by the Gulf Stream and has a temperate climate, despite a high latitude just outside the Arctic Circle. Its high latitude and marine influence keep summers chilly, and most of its islands have a polar climate. According to the ancient manuscript , the settlement of Iceland began in 874 AD when the Norwegian chieftain Ingólfr Arnarson became the first p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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, derivatives and fixed income instruments. The Euronext consortium of European stock exchanges controls Oslo Stock Exchange as of June 2019. History Oslo Børs was established by a law of September 18, 1818. Trading on Oslo Børs commenced on April 15, 1819. In 1881, Oslo Børs became a stock exchange, which means securities were listed. The first listing of securities contained 16 bond series and 23 stocks, including the Norwegian central bank (Norges Bank). Oslo Børs cooperates with London Stock Exchange on trading systems. The exchange has also a partnership with the stock exchanges in Singapore and Toronto (Canada) for a secondary listing of companies. The stock exchange was privatized in 2001, and is, after the merger in 2007, 100% own ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
