The Norway financial market has shown an immense growth following the industrial era while petroleum production and fisheries are the two major backbones of the economy of Norway. The Oslo Stock Exchange regulates the Norway financial market.
Norges Bank is the central bank of Norway and is the sole authority of issuing and distributing the coins and banknotes in Norway. The Krone is the official currency of Norway.
The Norges Bank largely governs the financial trends and investments going on in Norway and the principal objective of this bank are to maintain economic stability in Norway.
Oslo Stock Exchange
The Oslo Stock Exchange is the main market place to serve trading in Norway.
The shares of Norwegian companies are enlisted here in the Oslo Stock Exchange and all the financial trading are governed by the up and down swings of Oslo Stock Exchange.
In order to have a proper knowledge on financial market in Norway, the study of the market trends in Oslo stock exchange is essential. The technical advancement has caused great changes in the recent day and the Norway share market is also making the necessary information available on the well-maintained websites. There are a number of websites and portals available in the internet that are maintained by the stock brokers or companies or news agencies that give an authentic information on the financial market of Norway.
Here is the list of major banks of Norway that are operational in the country:
Bank 1 Oslo
Bolig- og Næringsbanken
Nordea Bank Norge
Santander Consumer Bank
Voss Veksel- og Landmandsbank
The financial market of Norway has been experiencing growth for last couple of years and hence a number of foreign banking companies are now venturing into the country.
The major foreign commercial bank branches that are functional in Norway are:
BMW Financial Services
Carnegie Investment Bank
De Lage Landen
GE Money Bank
GMAC Bank, IBM Credit, Handelsbanken, Nordnet, Siemens Financial Services, Scania Finans, Skandiabanken, SVEA Finans, Skandinaviska Enskilda Banken, Toyota Kreditbank and Swedbank are some other foreign commercial banks that are operational in Norway.
Last Updated on : 1st August 2013