NEWS

Accounting / Financial

Financial Stability Report 2024 H2

Business

Category: Accounting / Financial

Norges Bank’s Monetary Policy and Financial Stability Committee considers the financial system to be robust. Households and firms have so far been able to service debt in the face of high inflation and higher interest rates. Inflation has slowed and there are prospects for a lower policy rate. However, there is a risk of negative […]

Source: Norges Bank


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Citi Appoints Christian Aho as Country Head for Norway

Business

Category: Accounting / Financial

April 4, 2024 – Citi has appointed Christian Aho as Country Head and Head of Banking for Norway. His appointment will be effective from May 1, and he will be based in Oslo to lead Citi’s Norwegian franchise. Christian joins Citi from HSBC, where he has held several senior positions. He was most recently working […]

Source: Cision


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Norway’s sovereign fund eyes long-term profit from market turmoil

Business

Category: Accounting / Financial

OSLO, June 21 (Reuters) – The recent turmoil in global financial markets represents an opportunity for Norway’s $1.2 trillion sovereign wealth fund, to profit from it much like it did during the 2008-2009 financial crisis, its deputy chief said on Tuesday. As the world’s largest fund of its kind it owns 1.3% of all globally […]

Source: Reuters


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Risk Outlook – June 2022

Business

Category: Accounting / Financial

The economies of Norway and several other countries are now characterised by high levels of activity and few available resources. However, the outlook for the global and Norwegian economies is highly uncertain. Supply chain disruptions, partly as a result of the Covid-19 pandemic and the war in Ukraine, have dampened growth prospects and contributed to […]

Source: Finanstilsynet


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Mastercard expands consulting with practices dedicated to crypto, open banking and ESG

Business

Category: Accounting / Financial

To help businesses evolve and supercharge their growth enterprise-wide, Mastercard has announced that it is expanding its preeminent payments-focused consulting service with new practices dedicated to Open Banking, Open Data, Crypto & Digital Currencies, and Environment, Social & Governance (ESG). Read full article.

Source: Mastercard


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