 |
|
| Type | Government agency |
|---|---|
| Founded | 14 June 1816 |
| Headquarters | Oslo, Norway |
| Area served | Norway |
| Key people | Svein Gjedrem (Chairman) |
| Industry | Central bank |
| Employees | 547 (2006) |
| Parent | Norwegian Ministry of Finance |
| Website | www.norges-bank.no |
Norges Bank / Noregs Bank is the central bank of Norway. Apart from having traditional central bank responsibilities such as financial stability and price stability, it manages The Government Pension Fund of Norway, a stabilization fund that is one of the world's largest investment pools.
On 31 December 2005, the Bank had 547 employees. All Executive Board appointments are made by King Harald V, after a decision by the Council of State. The Chairman of the Executive Board, Svein Gjedrem, who presides over the Bank, is also the acting Central Bank Governor. Both the Governor and the Deputy Governor make speaking appearances across the country on a number of occasions each year.
Contents |
Norges Bank Investment Management
NBIM is a separate part of Norges Bank and is responsible for the operational management of the Government Pension Fund - Global. NBIM also manages Norges Bank's foreign exchange reserves. NBIM invests the fund's assets and the foreign exchange reserves in international equities and fixed income instruments, money market instruments and derivatives.
List of Central Bank Governors
- Karl Gether Bomhoff (1893–1920)
- Nicolai Rygg (1920–1946)
- Arnold C. Ræstad (head of the London branch 1940–1945)
- Gunnar Jahn (1946–1954)
- Erik Brofoss (1954–1970)
- Knut Getz Wold (1970–1985)
- Hermod Skånland (1985–1993)
- Torstein Moland (1994–1995)
- Kjell Storvik (1996–1998)
- Svein Gjedrem (1999–Present)[1]
See also
- Economy of Norway
- Norwegian krone
- Carl Joachim Hambro (politician), for role in Norway's gold reserves in World War II
References
External links
- Official site: Norges Bank (Norwegian)
- Official site: Norges Bank (English)
|
|||||||||||
Coordinates: 59°54′31.07″N 10°44′36.66″E / 59.9086306°N 10.7435167°E
This entry is from Wikipedia, the leading user-contributed encyclopedia. It may not have been reviewed by professional editors (see full disclaimer)
