Tag: banking
Banks reluctant to cut dividends
Norway's central banker and its finance minister have called on the country's commercial banks to boost their own capital, to better meet financial turmoil....
Bank boasts new image
Norway's biggest bank, long known as Den norske Bank, has unveiled a new logo and now just goes by the initials DNB, in all...
Central bank keeps rates steady
Norway's central bank (Norges Bank) kept its key policy rate unchanged at 2.25 percent on Wednesday, in line with economists' expectations. Central bank chief...
Tougher home finance rules loom
The government and Norwegian Parliament look inclined to go along with proposed, tougher regulations on how banks can lend money to homebuyers. Equity requirements...
Nordea to cut staffing in Norway
Nordic bank Nordea has decided to cut staffing by as many as 2,000 employees by the end of next year, despite strong profits. Around...
Bank worker swindled 5.5 million
A former employee of Norwegian bank DnB NOR has confessed to gross embezzlement, fraud and falsification of documents that amounted to NOK 5.5 million...
Key suspects reject Nordea fraud guilt
Several of the five suspects in the Nordea fraud case, one of the biggest such cases in Norwegian history, began answering questions in an...
Interest rates unchanged as stocks fall
The Norwegian central bank, Norges Bank, has decided to hold interest rates at 2.25 percent in light of continuing global economic uncertainty, despite having...
89 million kroner fraud case begins
The case against five people alleged to be behind one of Norway's biggest acts of fraud - which saw NOK 89 million (around USD...
Stock Exchange rallies despite fears
Norwegians have begun predicting the possible consequences of the unfolding drama in international markets for the country, as the Oslo Stock Exchange itself put...
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