SpareBank 1 Østfold Akershus
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SpareBank 1 Østfold Akershus
SpareBank 1 Østfold Akershus is a Norwegian savings bank, headquartered in Moss, Norway. The banks main market is Østfold and Akershus Akershus () is a traditional region and current electoral district in Norway, with Oslo as its main city and traditional capital. It is named after the Akershus Fortress in Oslo. From the middle ages to 1919, Akershus was a fief and main county .... The history of the bank can be traced back to 1835. References {{DEFAULTSORT:SpareBank 1 Ostfold Akershus Banks of Norway SpareBank 1 Companies based in Østfold Banks established in 2011 Companies listed on the Oslo Stock Exchange ...
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Savings Bank
A savings bank is a financial institution whose primary purpose is accepting savings deposits and paying interest on those deposits. They originated in Europe during the 18th century with the aim of providing access to savings products to all levels in the population. Often associated with social good, these early banks were often designed to encourage low-income people to save money and have access to banking services. They were set up by governments or by socially committed groups or organisations such as with credit unions. The structure and legislation took many different forms in different countries over the 20th century. Savings banks and savings-and-loans are often confused. The original function of savings banks to service consumers was limited to savings. Savings banks invested in government and corporate debt. Savings and loan associations had a dual purpose which gave more importance to home loans. Towards the end of the 20th century their functions blurre ...
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Moss, Norway
is a coastal town and a municipality in Viken county, Norway. The administrative centre of the municipality is the town of Moss. The city of Moss was established as a municipality on 1 January 1838 (see formannskapsdistrikt) and City in 1720. The rural municipality of Jeløy was merged with the city on 1 July 1943. The former municipality of Rygge was merged into it on January 1, 2020. Its administrative district covers areas east of the town, such as the island of Dillingøy in the lake Vansjø. Parts of the town are located on the peninsula of Jeløy. The city of Moss has 30,723 inhabitants (2012). Name The Old Norse form of the name was . It may be derived from an old root ''mer-'' which means to "divide" or "split". The adjacent topography shares similar etymology: * , Mosse-"marsh-river-border"+ (see , , Old Norse for river). The name is thought to be very old and the meaning of it is not clear. * , Mosse-"marsh-river-border"+ (Moss channel). * , Mosse-"marsh- ...
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Østfold
Østfold is a traditional region, a former county and a current electoral district in southeastern Norway. It borders Akershus and southwestern Sweden (Västra Götaland County and Värmland), while Buskerud and Vestfold are on the other side of Oslofjord. The county's administrative seat was Sarpsborg. The county controversially became part of the newly established Viken County on 1 January 2020. Many manufacturing facilities are situated here, such as the world's most advanced biorefinery, Borregaard in Sarpsborg. Fredrikstad has shipyards. There are granite mines in Østfold and stone from these were used by Gustav Vigeland. The county slogan is "The heartland of Scandinavia". The local dialects are characterized by their geographical proximity to Sweden. The name The old name of the Oslofjord was ''Fold''; ''Østfold'' means 'the region east of the Fold' (see also Vestfold). The name was first recorded in 1543; in the Middle Ages the name of the county was ''Borg ...
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Akershus
Akershus () is a traditional region and current electoral district in Norway, with Oslo as its main city and traditional capital. It is named after the Akershus Fortress in Oslo. From the middle ages to 1919, Akershus was a fief and main county that included most of Eastern Norway, and from the 17th century until 2020, Akershus also had a more narrow meaning as a (sub) county that included most of the Greater Oslo Region. After 2020 the former county of Akershus was merged into Viken along with the former counties of Østfold and Buskerud. In 2022 the Storting voted to dissolve Viken and reestablish Akershus county. Originally Akershus was one of four main fiefs in Norway and included almost all of Eastern Norway. The original Akershus became a main county (''Stiftamt'' or ''Stift'') in 1662 and was sometimes also known as ''Christiania Stift''. It included several subcounties (''Amt'' or ''Underamt''); in 1682 its most central areas, consisting of modern Oslo and Akershus, be ...
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Financial Services
Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer-finance companies, stock brokerages, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the acquisition to its holding company simply to diversify its earnings. Outside the U.S. (e.g. Japan), non-fina ...
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Savings Bank
A savings bank is a financial institution whose primary purpose is accepting savings deposits and paying interest on those deposits. They originated in Europe during the 18th century with the aim of providing access to savings products to all levels in the population. Often associated with social good, these early banks were often designed to encourage low-income people to save money and have access to banking services. They were set up by governments or by socially committed groups or organisations such as with credit unions. The structure and legislation took many different forms in different countries over the 20th century. Savings banks and savings-and-loans are often confused. The original function of savings banks to service consumers was limited to savings. Savings banks invested in government and corporate debt. Savings and loan associations had a dual purpose which gave more importance to home loans. Towards the end of the 20th century their functions blurre ...
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Banks Of Norway
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the an ...
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SpareBank 1
SpareBank 1 is a Norwegian alliance and brand name for a group of savings banks. The alliance is organised through the holding company ''SpareBank 1 Gruppen AS'' owned by the participating banks. In total the alliance is Norway's second largest bank with total assets of NOK 625 billion, 352 branches and 6300 employees. The alliance has its head office in Oslo, Norway. The banks in the SpareBank 1 Alliance distribute SpareBank 1 groups' products and collaborate in key areas such as brands, work processes, expertise development, IT operations and system development. Companies in the group include the mutual fund company ODIN Forvaltning, the life insurance company ''SpareBank 1 Livsforsikring'', the insurance company ''SpareBank 1 Skadeforsikring'', the credit card company ''SpareBank 1 Medlemskort'', ''SpareBank 1 Utvikling'', the commercial bank ''Bank 1 Oslo'', the car finance company ''SpareBank 1 Bilplan'' (19.9%) and the securities company ''First Securities'' (24.5%). ...
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Companies Based In Østfold
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial pe ...
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Banks Established In 2011
A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a Bank regulation, high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure accounting liquidity, liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concept ...
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