Den norske Creditbank or DnC is a defunct

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 co ...

created in 1857. In 1990 it merged with Bergen Bank to create

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 ...

(DnB). The bank was based in

Oslo Oslo ( , , or ; sma, Oslove) is the capital and most populous city of Norway. It constitutes both a county and a municipality. The municipality of Oslo had a population of in 2022, while the city's greater urban area had a population ...

and listed on the Oslo Stock Exchange.

History

During the 1960s and ’70s, the bank bought and merged with a number of regional and local banks in Norway, including Odda By- og Bygdebank (1964), Porsgrunds Ørebank (1964), Røkens Bank 1964, Oplandske Kreditbank (1966), Horten og Omegns Privatbank (1970), Privatbanken i Sandefjord (1970), Østfold Privatbank (1970), Finnmarkens Privatbank (1973), Haugesunds Forretningsbank (1973) and Opplandsbanken (1980). During the 1980s, DnC had expanded significantly both in Norway and internationally, and was Norway's largest bank at the time. During the bank crisis the bank suffered severe losses and in an effort to save the bank it succeeded in merging with Bergen Bank, Norway's third largest bank. {{Authority control Defunct banks of Norway Companies formerly listed on the Oslo Stock Exchange Companies based in Oslo Banks established in 1857 Banks disestablished in 1990 DNB ASA 1990 disestablishments in Norway Norwegian companies established in 1857