NEWS

Accounting / Financial

Markets Insider: Norway Central Bank Keeps Rate Unchanged

Business

Category: Accounting / Financial

(RTTNews) – Norway’s central bank kept its key interest rate unchanged at zero, as widely expected, on Thursday. The Monetary Policy and Financial Stability Committee unanimously decided to retain the policy rate at zero percent, Norges Bank said in a statement. Due to the increased Covid-19 infection rates and more containment measures, Norway will likely […]

Source: Business Insider - Markets Insider

Published: November 5, 2020


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Reuters: Norway wealth fund says it’s hard to find right green energy projects

Business

Category: Accounting / Financial

OSLO (Reuters) – Norway’s $1.1 trillion sovereign wealth fund, the world’s largest, is having trouble finding suitable unlisted renewable- energy projects to invest in due to the paucity of projects and strong competition for stakes in them, its new CEO said. Such investments are new for the fund which, until this year, was only allowed […]

Source: Reuters

Published: October 3, 2020


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Bloomberg: Citi Names Fraser as First Female CEO of Wall Street Bank

Business

Category: Accounting / Financial

Citigroup Inc. picked Jane Fraser as its next chief executive officer, placing the first woman atop a major Wall Street bank. Fraser will succeed Mike Corbat, who is retiring in February after more than eight years in the top job. Fraser, who was named the company’s president last year in a move that marked her as […]

Source: Bloomberg

Published: October 9, 2020


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Regjeringen: Forenkler eksportfinansieringen for næringslivet

Business

Category: Accounting / Financial

Regjeringen slår sammen GIEK og Eksportkreditt Norge, for å gjøre eksportfinansiering enklere for næringslivet. Ved utgangen av 2019 hadde GIEK eksportgarantier for 82 milliarder kroner, mens det fra Eksportkreditt Norge var gitt 65 milliarder kroner i lån. Aktørene deltar i mange av de samme prosjektene. 72 prosent av lånene hos Eksportkreditt Norge var garantert av […]

Source: Regjeringen.no

Published: September 2, 2020


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IMF Staff Country Reports: Norway : Financial System Stability Assessment-Press Release; and Statement by the Executive Director for Norway

Business

Category: Accounting / Financial

Much of the work of the Financial Sector Assessment Program (FSAP) was conducted prior to the COVID-19 pandemic, with the missions ending on February 13, 2020. Given the FSAP’s focus on medium-term challenges and vulnerabilities, however, its findings and recommendations for strengthening policy and institutional frameworks remain pertinent. The report was updated to reflect key […]

Source: IMF

Published: December 8, 2020


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