Tag: banking
Governor wary of propping up banks
UPDATED: The governor of Norway's Central Bank (Norges Bank), Øystein Olsen, used his annual address in Oslo on Thursday evening not only to warn...
Deposit insurance set to decline
Norwegian bank customers look set to lose the relatively generous deposit insurance they've enjoyed for years. Finance ministers in the European Union (EU) agreed...
Housing prices tumble again
Housing prices in Norway fell an average of 1.3 percent from October to November, marking the third month in a row of price declines...
Solutions delayed for online banking
Bank customers in Norway have been frustrated recently by a spate of technical trouble affecting online banking and the use of mini-banks and payment...
Supreme Court ruling encourages disillusioned savers
A Supreme Court ruling that handed a crushing defeat last week to Norway's biggest bank, DNB, may set off a string of claims like...
‘Network error’ blocked banking
Bank customers all over Norway were left without electronic access to their accounts for several hours on Monday night, because of what the country's...
Euro sinks to new low against krone
More bad economic news from Spain sent the value of the Euro to its lowest levels against the Norwegian krone for nearly 10 years...
ATM and payment scams abound
Dozens of automated teller machines (ATMs) known as "minibanks" in Norway have been hit by various criminal scams again this summer, while several merchants...
Borrowers avoid interest rate hike
Norway's central bank board has ignored some economists' calls for a hike in interest rates. Just a day after even Prime Minister Jens Stoltenberg...
Central bank cuts interest rates
UPDATED: The executive board of Norway's central bank (Norges Bank) cut its key lending rate by a full half-point on Wednesday, because of concerns...
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