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Monday, August 8, 2022

Tag: banking

DNB’s profits jump again

The value of the Norwegian currency tumbled again this week and inflation is rising, but Norway's biggest bank keeps delivering strong pre-tax profits, this...

Suddenly cash was king again

Norwegians' aversion to using cash recently wound up costing merchants dearly and frustrating customers. When electronic payment systems suddenly broke down all over the...

Banks start raising mortgage rates

It didn't take long for Norway's commercial banks to boost their lending rates after the central bank, Norges Bank, raised its policy rate again...

Stoltenberg stays on at NATO, drops central bank job

UPDATED: Jens Stoltenberg has resigned from his new job as Norway's central bank chief even before he began. He confirmed Thursday that he'll stay...

Interest rates to rise as Norway’s economy grows

UPDATED: Ida Wolden Bache made her debut as the new leader of Norway's central bank on Thursday by announcing a series of gradual interest rate...

DNB can take over Sbanken after all

Norway's competition authority had ruled against the purchase of the small and popular bank called Sbanken by the country's biggest and most profitable bank,...

Stoltenberg urged to continue at NATO

UPDATED: Leaders of several NATO member countries reportedly want NATO's Norwegian secretary general, Jens Stoltenberg, to remain at his post beyond October 1, when...

Probe continues into Stoltenberg’s hiring

Opposition politicians in the Norwegian Parliament are not satisfied with answers they've received to their questions about how Jens Stoltenberg won the job to...

Hiring Stoltenberg sets off a probe

A Parliamentary investigation looms into the hiring process that resulted on Friday in the appointment of Jens Stoltenberg as the new chief of Norway's...

Stoltenberg asked to stay on at NATO

Norway's finance ministry may have found a perfect way out of the uncomfortable situation that's arisen around its looming choice of a new central...

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