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SpareBank 1 BV
SpareBank 1 BV was a Norwegian savings bank, headquartered in Sandefjord, Norway. The banks main market was Buskerud and Vestfold Vestfold is a traditional region, a former county and a current electoral district in Eastern Norway. In 2020 the county became part of the much larger county of Vestfold og Telemark. Located on the western shore of the Oslofjord, it bordered t .... The banks history can be traced back to 1883 with the establishment of Sandsvær Sparebank. Sparebank 1 BV was merged with Sparebank 1 Telemark on 1 June 2021. References {{Authority control SpareBank 1 Banks of Norway Companies based in Sandefjord Banks established in 2008 Companies listed on the Oslo Stock Exchange ... [...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] |
Sandefjord
Sandefjord () is a city and the most populous municipality in Vestfold og Telemark county, Norway. The municipality of Sandefjord was established on 1 January 1838. The municipality of Sandar was merged into Sandefjord on 1 January 1969. On 1 January 2017, rural municipalities of Andebu and Stokke were merged into Sandefjord as part of a nationwide municipal reform. This merger was the first one to take place during the reform. The city is known for its rich Viking history and the prosperous whaling industry, which made Sandefjord the richest city in Norway.Porter, Darwin and Danforth Prince (2003). ''Frommer's Norway''. Wiley. p. 158. . Today, it has built up the third-largest merchant fleet in Norway. It is home to Europe's only museum dedicated to whaling, and is home to Gokstad Mound where the 9th century Gokstad Ship was discovered. Sandefjord has numerous nicknames, including the Viking, Whaling "capital" of Norway or as the undisputed summer city of Norway. The city i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 archipelago of Svalbard also form part of Norway. Bouvet Island, located in the Subantarctic, is a dependency of Norway; it also lays claims to the Antarctic territories of Peter I Island and Queen Maud Land. The capital and largest city in Norway is Oslo. Norway has a total area of and had a population of 5,425,270 in January 2022. The country shares a long eastern border with Sweden at a length of . It is bordered by Finland and Russia to the northeast and the Skagerrak strait to the south, on the other side of which are Denmark and the United Kingdom. Norway has an extensive coastline, facing the North Atlantic Ocean and the Barents Sea. The maritime influence dominates Norway's climate, with mild lowland temperatures on the se ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Buskerud
Buskerud () is a former county and a current electoral district in Norway, bordering Akershus, Oslo, Oppland, Sogn og Fjordane, Hordaland, Telemark and Vestfold. The region extends from the Oslofjord and Drammensfjorden in the southeast to Hardangervidda mountain range in the northwest. The county administration was in modern times located in Drammen. Buskerud was merged with Akershus and Østfold into the newly created Viken County on 1 January 2020. On the 23 February 2022 Viken County Council voted in a 49 against 38 decision to submit an application to the Norwegian government for a county demerger. Etymology The county was named after the old manor Buskerud ( non, Biskupsruð) (Biskopsrøysa) located on the west side of the Drammen River in Åmot, Modum municipality. The first element is the genitive case of ', 'bishop' (referring to the Bishop of Hamar), the last element is ' n 'clearing, farm'. The farm was one of the largest in Buskerud, and the original name of the farm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vestfold
Vestfold is a traditional region, a former county and a current electoral district in Eastern Norway. In 2020 the county became part of the much larger county of Vestfold og Telemark. Located on the western shore of the Oslofjord, it bordered the previous Buskerud and Telemark counties. The county administration was located in Tønsberg, Norway's oldest city, and the largest city is Sandefjord. With the exception of the city-county of Oslo, Vestfold was the smallest county in Norway by area. Vestfold was the only county in which all municipalities had declared Bokmål to be their sole official written form of the Norwegian language. Vestfold is located west of the Oslofjord, as the name indicates. It includes many smaller, but well-known towns in Norway, such as Larvik, Sandefjord, Tønsberg and Horten; these towns run from Oslo in an almost constant belt of urban areas along the coast, ending in Grenland in neighbouring region Telemark. The river Numedalslågen runs through th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services
Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer finance, consumer-finance companies, brokerage firm, stock brokerages, investment management, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the Gramm-Leach-Bliley Act, GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the Takeover, acquisit ... [...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] |
Sparebank 1 Telemark
Sparebank is a Norwegian savings bank without external owners. The Norwegian sparebanks are a separate type of juridical entity that differ from commercial banks. There are a total of 123 savings banks in Norway. History The first savings bank was created in 1822, and in the following 75 years savings banks were set up in most municipalities of Norway. The banks had both a savings upbringing function for the commoners (so they did not have to burden society when they got sick and old) and served an important part in local communities development and self-financing. Historically the savings banks concentrated on private customers, combined with small businesses and the primary sector. Loans were financed through deposits. Today the differences between savings banks and commercial banks are smaller, partially because savings banks now can issue stock-like '' grunnfondsbevis'' where the owners are both given dividend and representation in the governing bodies of the banks. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SpareBank 1
SpareBank 1 is a Norwegian alliance and brand name for a group of savings banks. The alliance is organised through the holding company ''SpareBank 1 Gruppen AS'' owned by the participating banks. In total the alliance is Norway's second largest bank with total assets of NOK 625 billion, 352 branches and 6300 employees. The alliance has its head office in Oslo, Norway. The banks in the SpareBank 1 Alliance distribute SpareBank 1 groups' products and collaborate in key areas such as brands, work processes, expertise development, IT operations and system development. Companies in the group include the mutual fund company ODIN Forvaltning, the life insurance company ''SpareBank 1 Livsforsikring'', the insurance company ''SpareBank 1 Skadeforsikring'', the credit card company ''SpareBank 1 Medlemskort'', ''SpareBank 1 Utvikling'', the commercial bank ''Bank 1 Oslo'', the car finance company ''SpareBank 1 Bilplan'' (19.9%) and the securities company ''First Securities'' (24.5%). Histo ... [...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] |
Companies Based In Sandefjord
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 Established In 2008
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] |
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