Bergen Bank was a

Norwegian Norwegian, Norwayan, or Norsk may refer to: *Something of, from, or related to Norway, a country in northwestern Europe * Norwegians, both a nation and an ethnic group native to Norway * Demographics of Norway *The Norwegian language, including ...

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 cor ...

in existence between 1975 and 1990. It was created as a

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 ...

between

Bergens Privatbank Bergens Privatbank was a Norwegian commercial bank based in Bergen. It was established in 1855 and built a network of branches throughout the country. Jørgen Breder Faye was the first director and held the position until 1904. The bank merged with ...

(founded in 1855) and

Bergens Kreditbank Bergens Kreditbank was a Norwegian commercial bank based in Bergen. It was established in 1928 with its main offices in Vågsallmenningen. It merged with Bergens Privatbank Bergens Privatbank was a Norwegian commercial bank based in Bergen. It wa ...

(founded in 1928) while the bank Kvam Privatbank was acquired in 1979. In 1988 it bought

Nevi Nevus (plural nevi) is a nonspecific medical term for a visible, circumscribed, chronic lesion of the skin or mucosa. The term originates from ''nævus'', which is Latin for "birthmark"; however, a nevus can be either congenital (present at bir ...

. Bergen Bank, which was based in

Bergen Bergen (), historically Bjørgvin, is a city and municipality in Vestland county on the west coast of Norway. , its population is roughly 285,900. Bergen is the second-largest city in Norway. The municipality covers and is on the peninsula of ...

, Norway, merged with

Den norske Creditbank Den norske Creditbank or DnC is a defunct Norwegian commercial bank created in 1857. In 1990 it merged with Bergen Bank to create Den norske Bank (DnB). The bank was based in Oslo Oslo ( , , or ; sma, Oslove) is the capital and most pop ...

in 1990 to form

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 ...

. It is now part of

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 lar ...

Criticism

The bank was the target of massive demonstrations in 1976 after three female employees at Per Hestvik & Co in

Mo i Rana Mo i Rana () is a List of towns and cities in Norway, city, and the administrative centre of the Municipalities of Norway, municipality of Rana, Norway, Rana, in Nordland county, Norway. It is located in the Helgeland region of Nordland, just sou ...

were fired with the reason that they were members of Kvinnefronten, a

women's rights Women's rights are the rights and entitlements claimed for women and girls worldwide. They formed the basis for the women's rights movement in the 19th century and the feminist movements during the 20th and 21st centuries. In some countries, ...

movement. The reason for the firing was that Bergen Bank denied the bank

credit Credit (from Latin verb ''credit'', meaning "one believes") is the trust which allows one party to provide money or resources to another party wherein the second party does not reimburse the first party immediately (thereby generating a debt), ...

if they did not fire the employees.Kampdager – Kvinnefronten
/ref>

References

Defunct banks of Norway Companies formerly listed on the Oslo Stock Exchange Companies based in Bergen Banks established in 1975 Banks disestablished in 1990 Norwegian companies established in 1975 1990 disestablishments in Norway {{Norway-bank-stub