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Friday, March 29, 2024

Tag: banking

Nordea to cut jobs in Norway, too

Nordic finance and banking group Nordea's decision to cut as many as 6,000 jobs is likely to lead to job losses in Norway as...

Loan demand falls with housing sales

Construction cranes remain a common sight in the Norwegian capital, but homebuilders have seen a dramatic sales decline in recent months and home loan...

Mobilepay pulls out of Norway

The Danish mobile payment service Mobilepay, established by Danske Bank, is pulling out of Norway after major bank Nordea opted to give it up...

‘Error’ disrupted banking and post

Millions of bank customers in Norway were unable to bank online, withdraw money from automated teller machines or use their bank cards for point...

US pipeline opponents back in Oslo

A group of North American women representing the indigenous groups fighting construction of disputed pipeline projects in the US and Canada have been back...

Tax havens lose their attraction

Norwegians who've stashed wealth abroad, to avoid paying taxes on it, are about to lose the anonymity of tax havens they once enjoyed. Banks...

Trouble plagues DNB’s mobile payment system

DNB's much-vaunted "Vipps" system, which allows users to pay for goods and services via their mobile phones, was out of service on Friday and bank...

‘Dramatic’ fall in real estate prices

The cost of housing is still high in Norway, but brokers report another decline in prices for the month of June that's been described...

Huge suit against DNB can proceed

Norway's consumer council (Forbrukerrådet) won a green light on Friday to move foward with a massive class-action lawsuit against Norway's biggest bank, DNB. The...

Cash survives, in new updated style

Serious, official efforts to turn Norway into a cashless society have been put on ice, just in time for the country's central bank to...

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