Den norske Bank

Den norske Bank
Den norske Bank
Industry Banking
Fate Merged
Successor DnB NOR
Founded 1990
Headquarters Bergen, Norway
Products Postbanken, Cresco, American Express
Parent Norwegian Ministry of Finance

Den norske Bank or DnB was a Norwegian bank that existed between 1990 and 2003 when it merged with Gjensidige NOR to form the present DnB NOR. The bank's headquarters were in Bergen, Norway.

DnB was created as a merger between Bergen Bank and Den norske Creditbank in 1990 after a major downturn in the economy, especially affecting the banks, who lost vast amounts of money due to misheld loans and falling housing prices. The state held a majority ownership in the bank in addition to its being listed on the Oslo Stock Exchange. In 1996, DnB bought Vital Forsikring and in 1999 it merged with Postbanken.

External links

Wikimedia Foundation. 2010.

Look at other dictionaries:

  • Den norske Creditbank — Industry Banking Fate Merged Successor Den norske Bank Founded 1857 Defunct 1990 Headquarters Oslo …   Wikipedia

  • Bergen Bank — Infobox Defunct Company company name = Bergen Bank AS company fate = Merged successor = Den norske Bank foundation = 1975 defunct = 1990 location = Bergen, Norway industry = Banking key people = products = num employees = parent = subsid = Bergen …   Wikipedia

  • Norges Bank — Type Government agency Industry Central bank Founded 14 June 18 …   Wikipedia

  • Christiania Bank — og Kreditkasse ASA Type Public Industry Banking Founded 1848 Headquarters …   Wikipedia

  • Norwegian State Housing Bank — Type Government agency Industry Social housing policy, Banking Founded 1946 Headquarter …   Wikipedia

  • Norwegian State Agriculture Bank — Statens Landbruksbank Industry Banking Fate Merged Successor Norwegian Agricultural Authority Founded 1965 Defunct 2000 Headquarters …   Wikipedia

  • Norwegian Industrial Bank — The Norwegian Industrial Bank (Norwegian: Den Norske Industribank), also known as the Industry Bank, was a Norwegian bank. It had a nationwide mandate as an industrial development bank.[1] It was created in 1936, amid the interwar economic crisis …   Wikipedia

  • Chicago Norske Klub — (1911 to 1971) was a Chicago, Illinois based Norwegian American cultural and social organization. Contents 1 Background 2 Operations 3 Guest speakers 4 Sources …   Wikipedia

  • DNB ASA — Type Allmennaksjeselskap Traded as OSE: DNB I …   Wikipedia

  • Norway — /nawr way/, n. Norwegian, Norge. a kingdom in N Europe, in the W part of the Scandinavian Peninsula. 4,404,456; 124,555 sq. mi. (322,597 sq. km). Cap.: Oslo. * * * Norway Introduction Norway Background: Despite its neutrality, Norway was not able …   Universalium

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”