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Norway's largest bank, DnB NOR achieved a profit of NOK 3 038 million in the third quarter of 2010, a significant improvement from the same period last year, when profits totalled NOK 1 760 million.
The Norwegian Central Bank (Norges Bank)’s Executive Board at their Wednesday meeting decided to keep the key policy rate unchanged at 2 per cent.
Norway is the World's most prosperous country, according to the Legatum Prosperity Index 2010, up from last year's fifth place. Denmark is ranked second, while Finland is in third place.
Head of Statistics Norway, Øystein Olsen (58) has been appointed new Governor of the Central Bank of Norway (Norges Bank), replacing Svein Gjedrem who has served two periods.
The Norwegian Government Pension Fund Global, set up to safeguard the country’s oil wealth for future generations, Tuesday rose to 3 trillion kroner for the first time in its 14-year history.
Norway’s Government Pension Fund Global tops a new ranking of 53 sovereign wealth funds (SWFs) in 37 countries by researcher Edwin M. Truman, Aftenposten reports.
The Norwegian Consumer Price Index (CPI) rose by 0.6 per cent from August to September 2010, mainly due to increased prices on clothing, according to Statisstics Norway (SSB).
