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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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Voss
Voss () is a municipality and a traditional district in Vestland county, Norway. The administrative center of the municipality is the village of Vossevangen. Other villages include Bolstadøyri, Borstrondi, Evanger, Kvitheim, Mjølfjell, Oppheim, Stalheim, and Vinje. The municipality is the 35th largest by area of Norway's 356 municipalities. Voss is Norway's 77th most populous municipality, with a population of 15,875. Its population density is and its population has increased by 6.5% over the last 10 years. Municipal history The parish of Voss was established as a municipality on 1 January 1838 (see formannskapsdistrikt law). On 1 January 1867, a small area in northern Voss (population 28) was transferred to the municipality of Hosanger. On 1 January 1868, the municipality's northern district (population 2,009) was separated to form the new municipality of Vossestrand. This left 7,592 residents in Voss. On 21 August 1868, an unpopulated area of northern Voss was transfe ... [...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] |
Banking
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commercial Bank
A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit. It can also refer to a bank, or a division of a large bank, which deals with corporations or a large/middle-sized business to differentiate it from a retail bank and an investment bank. Commercial banks include private sector banks and public sector banks. History The name ''bank'' derives from the Italian word ''banco'' "desk/bench", used during the Italian Renaissance era by Florentine bankers, who used to carry out their transactions on a desk covered by a green tablecloth. However, traces of banking activity can be found even in ancient times. In the United States, the term commercial bank was often used to distinguish it from an investment bank due to differences in bank regulation. After the Great Depression, through the Glass–Steagall Act, the U.S. Congress required that commercial banks only engage in ba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hordaland
Hordaland () was a county in Norway, bordering Sogn og Fjordane, Buskerud, Telemark, and Rogaland counties. Hordaland was the third largest county, after Akershus and Oslo, by population. The county government was the Hordaland County Municipality, which is located in Bergen. Before 1972, the city of Bergen was its own separate county, apart from Hordaland. On 1 January 2020, the county was merged with neighbouring Sogn og Fjordane county, to form the new Vestland county. Name and symbols Name Hordaland (Old Norse: ''Hǫrðaland'') is the old name of the region which was revived in 1919. The first element is the plural genitive case of ''hǫrðar'', the name of an old Germanic tribe (see Charudes). The last element is ''land'' which means "land" or "region" in the Norwegian language. Until 1919 the name of the county was ''Søndre Bergenhus amt'' which meant "(the) southern (part of) Bergenhus amt". (The old ''Bergenhus amt'' was created in 1662 and was divided into North ... [...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] |
Nordea
Nordea Bank Abp, commonly referred to as Nordea, is a European financial services group operating in northern Europe and based in Helsinki, Finland. The name is a blend of the words "Nordic" and "idea". The bank is the result of the successive mergers and acquisitions of the Finnish, Swedish, Danish, and Norwegian banks of Merita Bank, Nordbanken, Unidanmark, and Christiania Bank og Kreditkasse that took place between 1997 and 2001. The Nordic countries are considered Nordea's home market, having finalised the sales of their Baltic operations in 2019. Nordea is listed on Nasdaq Nordic exchanges in Helsinki, Copenhagen, and Stockholm and Nordea ADR is listed in the US. Nordea serves 9.3 million private and 530,000 active corporate customers, including 2,650 large corporates and institutions. Nordea's credit portfolio is distributed across Finland (21%), Denmark (26%), Norway (21%), and Sweden (30%). There are four Business Areas (BAs) at Nordea, Personal Banking, Business Banking ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fokus Bank
Danske Bank, formerly named Fokus Bank, is the Norwegian operations of the Danish Danske Bank. It has long been one of the largest banks in Scandinavia. Danske Bank has 41 local branches spread around all of Norway. The main office is in Trondheim and the bank employs approximately 1,000 workers. The bank has 210,000 private customers and 15,000 business customers. The bank has two subsidiaries: Danske Capital ASmanages money market, obligation and mutual funds with the brand namDanske Invest * The real estate agent Fokus Krogsveen AS, branded as Krogsveen. History The banks that made up Danske Bank were all incorporated between 1868 and 1932. Danske Bank is the result of merge between of all together seven regional banks in Norway and was noted on Oslo Stock Exchange. The merger was between Buskerudbanken, Bøndernes Bank, Forretningsbanken, Vestlandsbanken in 1987 and with Tromsbanken (1990), Rogalandsbanken (1991) and Samvirkebanken (1993). In 1999 it was acquired by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sparebank
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] |
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] |
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, where the passenger trains go, a distance of . It is the highest mainline railway line in Northern Europe, crossing the Hardangervidda plateau at above sea level. The railway opened from Bergen to Voss in 1883 as the narrow gauge Voss Line. In 1909 the route was continued over the mountain to Oslo and the whole route converted to standard gauge, and the Voss Line became part of the Bergen Line.Jernbaneverket, 2007: 44 The line is single track, and was electrified in 1954–64.Jernbaneverket, 2006: 33 The Bergen Line is owned and maintained by Bane NOR, and served with passenger trains by Vy and freight trains by CargoNet. The Flåm Line remains as the only branch line, after the closure of the Hardanger Line. The western section from Be ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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