Bergen Bank was a Norwegian

commercial bank A commercial bank is a financial institution that accepts deposits from the public and gives loans for the purposes of consumption and investment to make a profit. It can also refer to a bank or a division of a larger bank that deals with whol ...

in existence between 1975 and 1990. It was created as a

merger Mergers and acquisitions (M&A) are business transactions in which the ownership of a company, business organization, or one of their operating units is transferred to or consolidated with another entity. They may happen through direct absorpt ...

between

Bergens Privatbank Bergens Privatbank was a Norwegian commercial bank based in Bergen. It was established in 1855 and built a network of branches throughout the country. Jørgen Breder Faye was the first director and held the position until 1904. The bank merged with ...

(founded in 1855) and

Bergens Kreditbank Bergens Kreditbank was a Norwegian commercial bank based in Bergen Bergen (, ) is a city and municipalities of Norway, municipality in Vestland county on the Western Norway, west coast of Norway. Bergen is the list of towns and cities in Norw ...

(founded in 1928) while the bank Kvam Privatbank was acquired in 1979. In 1988 it bought

Nevi The Infrastructure Investment and Jobs Act (IIJA), also known as the Bipartisan Infrastructure Law (BIL),H.R. 3684 is a United States federal statute enacted by the 117th United States Congress and signed into law by President Joe Biden on Nove ...

. Bergen Bank, which was based in

Bergen Bergen (, ) is a city and municipalities of Norway, municipality in Vestland county on the Western Norway, west coast of Norway. Bergen is the list of towns and cities in Norway, second-largest city in Norway after the capital Oslo. By May 20 ...

, Norway, merged with

Den norske Creditbank 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 Oslo Stock Exchange () ( ...

in 1990 to form

Den norske Bank Den may refer to: * Den (room), a small room in a house * Maternity den, a lair where an animal gives birth Media and entertainment * ''Den'' (album), 2012, by Kreidler * Den (''Battle Angel Alita''), a character in the ''Battle Angel Alita'' ...

. It is now part of

DnB NOR DNB Bank ASA (formerly DnB NOR ASA) is Norway's largest financial services group, with total combined assets of more than NOK 3.6 trillion and a market capitalisation NOK 400 billion as of 2024. DNB's head office is located in Oslo. The two larg ...

Criticism

The bank was the target of massive demonstrations in 1976 after three female employees at Per Hestvik & Co in

Mo i Rana (Norwegian language, Norwegian; ) or (and unofficially , ) is a List of towns and cities in Norway, city, and the administrative centre of Rana Municipality in Nordland county, Norway. It is located in the Helgeland region of Nordland, just sou ...

were fired with the reason that they were members of

Kvinnefronten The Women's Front () is a Norwegian radical feminist organization founded in 1972, and the country's oldest and largest radical feminist group. It was historically associated with the now defunct Workers' Communist Party, although its ties to the ...

, a

women's rights Women's rights are the rights and Entitlement (fair division), entitlements claimed for women and girls worldwide. They formed the basis for the women's rights movement in the 19th century and the feminist movements during the 20th and 21st c ...

movement. The reason for the firing was that Bergen Bank denied the bank

credit Credit (from Latin verb ''credit'', meaning "one believes") is the trust which allows one party to provide money or resources to another party wherein the second party does not reimburse the first party immediately (thereby generating a debt) ...

if they did not fire the employees.Kampdager – Kvinnefronten
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References

Defunct banks of Norway Companies formerly listed on the Oslo Stock Exchange Companies based in Bergen Banks established in 1975 Banks disestablished in 1990 Norwegian companies established in 1975 1990 disestablishments in Norway {{Norway-bank-stub