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, to supply loans to industry and hotels. The Norwegian state owned about half of the shares.[2] In 1977 it incorporated the loan institution Strukturfinans.[3] In 1993 it merged with the Industry Fund and the Regional Development Fund to form the Norwegian Industrial and Regional Development Fund, now a part of Innovation Norway.[2]

References

  1. ^ OECD Reviews of Innovation Policy: Norway
  2. ^ a b "Den Norske Industribank" (in Norwegian). Store norske leksikon. Oslo: Kunnskapsforlaget. http://www.snl.no/Den_Norske_Industribank. Retrieved 11 December 2009. 
  3. ^ "P-12579 / Den Norske Industribank A/S" (in Norwegian). National Archival Services of Norway. http://www.arkivverket.no/fk/classes/fk_arkivskaper.php?ft=0&qc=&arkivskaperid=7185. Retrieved 27 June 2011.