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Wednesday, June 3, 2026

Tag: banking

Job cuts spread to west coast bank

Sparebanken Vest, a regional bank serving customers mostly in western Norway, announced on Tuesday it will be shutting down branches and laying off as many...

DNB cuts back despite profits

The chief executive of Norway's biggest bank, DNB, claimed that he runs the "strongest bank in the world," after reporting more record-high profits this week....

More taxpayers reveal hidden fortunes

Nearly 300 more Norwegians reported formerly hidden taxable fortunes to tax authorities last year, double the number the year before. They collectively sat on...

Banks finally trim rates, housing prices rise

It took them a few weeks, but more banks in Norway are finally lowering their interest rates on loans after a Danish competitor goaded them...

Interest rates unchanged

Norway's central bank board hasn't raised or lowered the country's key lending rate since March 2012, and its members didn't make any changes this week...

Norway should be cash-free by 2020

Finance industry organization Finans Norge said Norwegian consumers should only be paying by card, netbank or on mobile phones within six years. The group...

DNB ‘most solid’ but shares suffered

Norway's largest bank, DNB, has reported more huge profits in its second quarter and described itself as one of the world's "most solid" banks. That...

DNB plagued by more online trouble

Norway's largest bank, DNB, was experiencing more trouble this week with its online banking and automatic payment system, and blamed it on errors and...

Banks cut number of ATMs in Norway

A reduction in the use of cash in Norway is prompting Norwegian banks to reduce the number of Automated Teller Machines (ATMs) they have...

Biggest banks cut interest rates

Several of Norway's major banks cut interest rates on home loans this week after months of customer and political protests. The country's largest bank,...
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