NEWS

Accounting / Financial

Norway Is Seen Leading the Way in Post-Covid Interest Rate Hikes

Business

Category: Accounting / Financial

Norway’s central bank said it may be able to raise interest rates earlier than previously thought, reinforcing the view it will be the first among holders of the world’s major currencies to tighten policy as the economy recovers.

Source: Bloomberg

Published: June 27, 2022


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POLL-Norway’s central bank to keep policy rate at zero on Dec. 17

Business

Category: Accounting / Financial

OSLO, Dec 8 (Reuters) – Norway’s central bank will leave its key interest rate unchanged next week at a record low of 0% as the COVID-19 pandemic continues to hamper the economy, a Reuters poll of economists forecast on Tuesday. The 23 participants in the poll were unanimous in predicting no change to the policy […]

Source: Reuters

Published: August 12, 2020


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Only 4% of Norway uses cash as country evaluates CBDC, Norges Bank exec says

Business

Category: Accounting / Financial

Cash usage has declined in Norway since COVID-19, but physical currency also carries strengths that CBDCs may lack.

Source: Cointelegraph

Published: June 11, 2020


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Reuters: Norway’s third-quarter GDP rebounds from recession

Business

Category: Accounting / Financial

OSLO, Nov 17 (Reuters) – Norway’s gross domestic product (GDP) grew strongly in the third quarter, rebounding from a deep recession caused by the novel coronavirus pandemic, data from the national statistics office (SSB) showed on Tuesday. The mainland economy, which excludes oil and gas production, expanded by 5.2% in the July-September period from the […]

Source: Reuters

Published: June 27, 2022


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Shifter: Storbanken Citi gjør seg lekker for de norske, små: «Bare et spørsmål om tid før vi investerer»

Business

Category: Accounting / Financial

Verdens største tilbyder av finansielle tjenester, Citigroup, har over tre tiår med erfaring fra Norden og Norge. Hittil har de imidlertid hovedsakelig vært en aktør for de store konsernene. Nå er det i ferd med å endre seg, ifølge Pål Rokke. Han leder stobankens norske avdeling. Selskapet har etablert en egen divisjon for små- og mellomstore bedrifter, […]

Source: Shifter

Published: November 9, 2020


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