- Den norske Creditbank
-
Den norske Creditbank Industry Banking Fate Merged Successor Den norske Bank Founded 1857 Defunct 1990 Headquarters Oslo, Norway Den norske Creditbank or DnC is a defunct Norwegian commercial bank created in 1857. In 1990 it merged with Bergen Bank to create Den norske Bank (DnB). The bank was based in Oslo and listed on the Oslo Stock Exchange.
History
During the 1960s and 70s the bank bought and merged with a number of regional and local banks in Norway, including Odda By- og Bygdebank (1964), Porsgrunds Ørebank (1964), Røkens Bank 1964, Oplandske Kreditbank (1966), Horten og Omegns Privatbank (1970), Privatbanken i Sandefjord (1970), Østfold Privatbank (1970), Finnmarkens Privatbank (1973), Haugesunds Forretningsbank (1973) and Opplandsbanken (1980).
During the 1980s, DnC had expanded significantly both in Norway and internationally, and was Norway's largest bank at the time. During the bank crisis the bank suffered severe losses and in an effort to save the bank it succeeded in merging with Bergen Bank, Norway's third largest bank.
DnB NOR Group Companies Autolease • Carlson Investment Management • Cresco • DnB NOR • DnB NORD • DnB NOR Eiendom • DnB NOR Markets • Netaxept • Nordlandsbanken • Postbanken • Sparebankstiftelsen DnB NOR • VitalHeritage Bergen Bank • Bergens Kreditbank • Bergens Privatbank • Christiania Sparebank • Den norske Bank • Den norske Creditbank • Fellesbanken • Forenede Forsikring • Gjensidige • Gjensidige NOR • Skandia Asset Management • Sparebanken ABC • Sparebanken NOR • Sparebanken Oslo/AkershusBrands Categories:- DnB NOR
- Defunct banks of Norway
- Companies formerly listed on the Oslo Stock Exchange
- Companies based in Oslo
- Banks established in 1857
- Banks disestablished in 1990
- 1857 establishments in Norway
Wikimedia Foundation. 2010.