After Norges Bank raised the key interest rate to 4.25 percent on Thursday, May 7th (the first increase since 2023), Norway’s commercial banks followed suit.
People who live in Norway are often targeted by fraudsters and criminal organisations trying to extract money or sensitive information. Here's what you need to do if you fall victim to a scam.
Savings accounts in Norway come in many forms. Whether it's a nest egg to put towards a home, a rainy day fund, or saving for your children's future, there are a few things you should know.
Electronic IDs play a big part in daily life in Norway, and Bank ID is the most versatile of these. The Local asked the largest banks whether they will issue BankID to foreigners who only have a D-number.
Picking the right bank in Norway, or even getting an appointment to open an account, can be hard. Thankfully, The Local’s readers have shared their experiences and advice to give you a head start.
If you're looking to settle, work, or study in Norway, one of the first things you'll need to do is to open a bank account. There are the essential documents and procedures you should be aware of.
Norway's central bank announced a surprise interest rate cut on Thursday, citing economic uncertainty linked to trade tensions and escalating conflicts.
Sooner or later, many foreign residents in Norway will want to get on the property ladder. The Local spoke to the biggest lenders to find out if there are any specific mortgage requirements, such as steeper deposits, in place for foreigners.
In response to Norges Bank's (Norway's central bank) recent increase in the key interest rate, Nordea and DNB are following suit by raising their interest rates on mortgages and deposits.
Norway offers specialised savings accounts with generous interest rates and a tax deduction for savers looking to get onto, or take their next steps, on the property ladder.
The struggles of several banks have sent shockwaves throughout the markets. What protection is there for your money if your bank goes bust? We had a look at the Norwegian rules.
Some of Britain's biggest banks have begun contacting customers in European Union countries, warning them that their accounts will be closed down within weeks because the cost and complexity of operating without a continuation of pan-European banking rules is too much.
