Sparebanken Sogn Og Fjordane
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Sparebanken Sogn Og Fjordane
Sparebanken Sogn og Fjordane (SSF) is the largest bank in the county of Sogn og Fjordane, with total assets of NOK 32 billion and 310 employees. The bank has 23 branches in the county and is present in 21 of the county’s 26 municipalities. It also has a branch in Bergen. The head office is located in Førde in Sunnfjord. The bank was one of the first savings banks in Norway to adapt the new legal regulations for the financial sector in Norway by forming Sparebankstiftinga Sogn og Fjordane. The bank’s own funds were converted into equity share capital and primary capital. Sparebankstiftinga Sogn og Fjordane owns 94,12% and Sparebankstiftinga Fjaler owns the remaining 5,88% of the equity certificates. Consequently, the bank has a new executive committee and a new board of directors from September 2010. The chairman of the board is Hallgeir Kleppe. Elin Schei Stuhaug is chairwoman of the new executive committee, consisting of 45 members. The Bank has entered into a strategic all ...
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Sogn Og Fjordane
Sogn og Fjordane (; English: "Sogn and Fjordane") was, up to 1 January 2020, a county in western Norway, when it was merged to become part of Vestland county. Bordering previous counties Møre og Romsdal, Oppland, Buskerud, and Hordaland, the county administration was in the village of Hermansverk in Leikanger municipality. The largest town in the county was Førde. Although Sogn og Fjordane has some industry, predominantly hydroelectricity and aluminium, it is predominantly an agricultural area. Sogn og Fjordane is also home to the Urnes Stave Church and the Nærøyfjord, which are both listed by UNESCO as World Heritage Sites. The Western Norway University of Applied Sciences has campuses in Sogndal and Førde. Name The name ''Sogn og Fjordane'' was created in 1919; a literal translation is: ''Sogn and the fjords.'' The first element is the name of the region of Sogn, located in the southern part of the county. The last element is the plural definite form of ''fjord'', which ...
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Sparebankstiftinga Sogn Og Fjordane
Sparebankstiftinga Sogn og Fjordane is Norwegian banking foundation that was set up as the owner of regional savings bank, Sparebanken Sogn og Fjordane. It is the largest foundation in the western part of Norway, and the second largest in Norway after Sparebankstiftelsen DnB. It was founded in 2010 and is the main owner of Sparebanken Sogn og Fjordane Sparebanken Sogn og Fjordane (SSF) is the largest bank in the county of Sogn og Fjordane, with total assets of NOK 32 billion and 310 employees. The bank has 23 branches in the county and is present in 21 of the county’s 26 municipalities. It als ... (94.12%) together with ''Sparebankstiftinga Fjaler'' which owns (5.88%) of the bank. The purpose of the foundation is to be a stable and long term owner of Sparebanken Sogn og Fjordane, to sustain the savings bank heritage and to distribute gifts to charitable purposes in the county of Sogn og Fjordane. External links Homepage Banks of Norway {{Norway-bank-stub ...
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Property Management
Property management is the operation, control, maintenance, and oversight of real estate and physical property. This can include residential, commercial, and land real estate. Management indicates the need for real estate to be cared for and monitored, with accountability for and attention to its useful life and condition. This is much akin to the role of management in any business. Property management is the management of personal property, equipment, tooling, and physical capital assets acquired and used to build, repair, and maintain end item deliverables. Property management involves the processes, systems, and workforce required to manage the life cycle of all acquired property as defined above, including acquisition, control, accountability, responsibility, maintenance, utilization, and disposition. An owner of a single-family home, condominium, or multi-family building may engage the services of a professional property management company. The company will then advertise th ...
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Real Estate
Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general."Real estate": Oxford English Dictionary online: Retrieved September 18, 2011 In terms of law, ''real'' is in relation to land property and is different from personal property while ''estate'' means the "interest" a person has in that land property. Real estate is different from personal property, which is not permanently attached to the land, such as vehicles, boats, jewelry, furniture, tools and the rolling stock of a farm. In the United States, the transfer, owning, or acquisition of real estate can be through business corporations, individuals, nonprofit corporations, fiduciaries, or any legal entity as seen within the law of each U.S. state. History of real estate The natural right of a person t ...
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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 ...
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