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Wednesday, June 3, 2026

Tag: banking

Norway’s cash under more pressure

Even though Norwegian merchants are once again obligated to accept cash, another krone note is in danger of being pulled off the market. Norway's...

Stoltenberg wants to dump Norway’s 1,000-krone note

Norwegian Finance Minister Jens Stoltenberg has asked Norway's central bank to withdraw its currency with the highest denomination from circulation. The move comes even...

Norwegians unhappy with their banks

Never before have Norwegian banks ranked so low in terms of customer satisfaction. Ranking lowest are Norway's three biggest banks: DNB, Nordea and Danske...

DNB now has unhappy customers and employees

Customers of Norway's largest and highly profitable bank, DNB, have long complained about branch closings, poor service and high fees. Now those fees are...

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,...
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