Norges Bank

Norges Bank

Type	Government agency
Industry	Central bank
Founded	14 June 1816
Headquarters	Oslo, Norway
Area served	Norway
Key people	Øystein Olsen (Chairman)
Employees	590 (2010)
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 world's largest investment pool.^[1]

On 31 December 2010, the bank had 590 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, Øystein Olsen, 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. The security force of the bank is the only non-military security force in Norway, including the police force, that is permanently armed with firearms.

1 Norges Bank Investment Management
2 List of Central Bank Governors
3 See also
4 References
5 External links

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 (1999–2010)
Øystein Olsen (2011–present)

^[2]

References

External links

Official site: Norges Bank (Norwegian)
Official site: Norges Bank (English)

Central banks

Global

Global	Bank for International Settlements · Basel Committee on Banking Supervision · Financial Stability Board

By continent

Africa	Bank of Central African States · Central Bank of West African States · Bank of Algeria · Central Bank of Angola · Bank of Botswana · Bank of the Republic of Burundi · Bank of Cape Verde · Central Bank of the Comoros · Central Bank of the Congo · Central Bank of Djibouti · Central Bank of Egypt · Bank of Eritrea · National Bank of Ethiopia · Central Bank of The Gambia · Bank of Ghana · Central Bank of the Republic of Guinea · Central Bank of Kenya · Central Bank of Lesotho · Central Bank of Liberia · Central Bank of Libya · Reserve Bank of Malawi · Bank of Mauritius · Bank Al-Maghrib · Bank of Namibia · Central Bank of Nigeria · Bank of Somaliland · South African Reserve Bank · Bank of South Sudan · Bank of Sudan · Central Bank of Swaziland · Bank of Tanzania · Central Bank of Tunisia · Bank of Uganda · Bank of Zambia · Reserve Bank of Zimbabwe

Americas	Central Bank of Argentina · Central Bank of Aruba · Central Bank of The Bahamas · Central Bank of Barbados · Central Bank of Brazil · Bank of Canada · Central Bank of Chile · Bank of the Republic (Colombia) · Central Bank of Cuba · Central Bank of Curaçao and Sint Maarten · Eastern Caribbean Central Bank · Bank of the Republic of Haiti · Central Bank of Honduras · Bank of Jamaica · Bank of Mexico · Central Bank of Nicaragua · Central Reserve Bank of Peru · Central Bank of Suriname · Central Bank of Trinidad and Tobago · Federal Reserve System (United States) · Central Bank of Venezuela

Asia	Da Afghanistan Bank · Central Bank of Bahrain · Bangladesh Bank · Royal Monetary Authority of Bhutan · Brunei Currency and Monetary Board · National Bank of Cambodia · People's Bank of China · Hong Kong Monetary Authority · Reserve Bank of India · Bank Indonesia · Central Bank of the Islamic Republic of Iran · Central Bank of Iraq · Bank of Israel · Bank of Japan · Central Bank of Jordan · National Bank of Kazakhstan · National Bank of the Kyrgyz Republic · Bank of Korea · Central Bank of the Democratic People's Republic of Korea · Central Bank of Kuwait · Banque du Liban · Monetary Authority of Macao · Bank Negara Malaysia · Maldives Monetary Authority · Bank of Mongolia · Central Bank of Myanmar · Nepal Rastra Bank · Central Bank of Oman · State Bank of Pakistan · Palestine Monetary Authority · Bangko Sentral ng Pilipinas · Qatar Central Bank · Monetary Authority of Singapore · Central Bank of Sri Lanka · Central Bank of Syria · Central Bank of the Republic of China (Taiwan) · Bank of Thailand · Central Bank of the United Arab Emirates · Central Bank of Uzbekistan · State Bank of Vietnam

Europe	European Central Bank (Eurosystem) · National Bank of the Republic of Abkhazia · Bank of Albania · Central Bank of Armenia · Central Bank of Azerbaijan · National Bank of the Republic of Belarus · Central Bank of Bosnia and Herzegovina · Bulgarian National Bank · Croatian National Bank · Czech National Bank · Danmarks Nationalbank · Bank of England · National Bank of Georgia · Hungarian National Bank · Central Bank of Iceland · Central Bank of Kosovo · National Bank of Latvia · Bank of Lithuania · National Bank of the Republic of Macedonia · National Bank of Moldova · Central Bank of Montenegro · Norges Bank · Central Bank of the Turkish Republic of Northern Cyprus · National Bank of Poland · National Bank of Romania · Central Bank of Russia · National Bank of Serbia · Sveriges Riksbank · Swiss National Bank · Central Bank of the Republic of Turkey · National Bank of Ukraine

Oceania	Reserve Bank of Australia · Reserve Bank of Fiji · Reserve Bank of New Zealand · Bank of Papua New Guinea · Central Bank of Samoa · Central Bank of Solomon Islands · National Reserve Bank of Tonga

Policies and implementation

Policies	Capital requirement · Contractionary monetary policy · Expansionary monetary policy

Implementation	Capital control · Discount rate · Interest rates · Money creation · Open market operations · Sovereign wealth fund

Bretton Woods system

International Monetary Fund · World Bank Group (International Bank for Reconstruction and Development · International Centre for Settlement of Investment Disputes · International Development Association · International Finance Corporation · Multilateral Investment Guarantee Agency)

Lists

List of central banks · Central banks and currencies of Africa · Central banks and currencies of the Caribbean · Central banks and currencies of Central America and South America

Names in italics indicate non-sovereign (dependent) territories, former countries, or states with limited recognition

Norwegian state banks

State banks	Educational Loan Fund Housing Bank Norges Bank Public Service Pension Fund

Shared ownership	DnB NOR Kommunalbanken

Heritage	Agriculture Bank Den norske Bank Kredittkassen Norges Hypotekbank Postbanken

Norges Bank

Contents

Norges Bank Investment Management

List of Central Bank Governors

See also

References

External links