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Norges Bank

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Norges Bank
The central bank of Norway. It controls issue of the Norwegian krone. It is responsible for controlling inflation and for maintaining financial stability. It also operates Norges Bank Investment Management, which is the Norwegian sovereign wealth fund. It was established in 1816.


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Borrowing agreements have also been signed with Japan, Norway's central bank Norges Bank and Canada.
The signing of the agreement means the fund can now add these resources to those already available from its borrowing agreements with Japan and the central bank of Norway, Norges Bank, in order to provide timely and effective balance of payments assistance to its members in the current crisis," it said in a statement.
Jarle Bergo's second and last term as Deputy Governor of Norges Bank will be completed on 1 April 2008, close to 40 years after he assumed his first post at this august institution.
 
 
 
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