Norges Bank

(redirected from Norwegian Central Bank)

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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The negative return on equity investments was driven by the slowdown in the global economy and the decline in global equity markets, especially the Chinese market," said Yngve Slyngstad, chief executive officer of Norges Bank Investment Management, which is the part of the Norwegian central bank that is responsible for managing the fund.
A report by the Norwegian central bank last month said the total cost of each cash transaction — including handling notes and coins in banks — was estimated at 7.
The Norwegian central bank has announced that it will decide on oil fund exclusions.
Both the Norwegian Central Bank (Norges Bank) and Russian Central Bank (RCB) acted yesterday, albeit in different fashions.
Norwegian central bank, Norges bank has acquired a three per cent stake in BHP Billiton Limited.
Norway and Singapore have also invested in Taiwan's FHCs, with the Norwegian central bank now the seventh largest shareholder of Taiwan's Jih Sun Financial Holding Co.
8) The Petroleum Fund was not set up as a separate legal person but was instead organized as a department of government apparatus, to be managed by the Norwegian Central Bank.
On November 2, the Norwegian central bank (Norges bank) raised its policy interest rate in November from 2.
The Norwegian central bank has said that its country's banks need further buffers because of rising household debt and falling oil prices.
groups Waddell & Reed and BlackRock, along with Norway's Norges Bank Investment Management, the asset management unit of the Norwegian central bank.
The Norwegian central bank has kept its interest rate unchanged at 1.
The Norwegian central bank has moved its economists in with the currency traders to battle volatility of the currency.

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