Oslo Nye Sparebank was a savings bank 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 of ...

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 t ...

. It was established by Bondeungdomslaget i Oslo in 1921, which bought half the primary capital certificates. The bank had

Nynorsk Nynorsk () () is one of the two written standards of the Norwegian language, the other being Bokmål. From 12 May 1885, it became the state-sanctioned version of Ivar Aasen's standard Norwegian language ( no, Landsmål) parallel to the Dano-Nor ...

as it language of business. It was bought by

Vestlandsbanken Vestlandsbanken was a bank based in Bergen, Norway. It was established in 1926 and explicitly did all its business in Nynorsk. In 1975, it merged with the Oslo-based Oslo Nye Sparebank, also it a Nynorsk-bank. In 1987, Vestlandsbanken merged with ...

, a

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 ...

-based Nynorsk-bank, in 1975, for 1.1 million

Norwegian krone The krone (, abbreviation: kr (also NKr for distinction); code: NOK), plural ''kroner'', is currency of the Kingdom of Norway (including Svalbard). Traditionally known as the Norwegian crown in English. It is nominally subdivided into 100 ''� ...

. The sales price was transferred to Oslo Nye Sparebanks Fond, a charitable foundation which grants money to Nynorsk-based activities in the Oslo area.

References

Defunct banks of Norway Nynorsk Companies based in Oslo Banks established in 1921 Banks disestablished in 1975 Norwegian companies established in 1921 1975 disestablishments in Norway {{Norway-bank-stub