Norway
Norwegian rates rise to five-year high
Norges Bank has increased its benchmark rate by a quarter point to 5.75%, its highest level since January 2003.
Norges Bank - Payments Systems Annual Report 2007
Svein Gjedrem, the governor of Norges Bank, urged banks to charge for their payment services in order to cover the costs associated with payment systems.
Turbulence hits Norwegian banks
Norwegian banks face tougher conditions as a result of the considerable turbulence in global money and credit markets, the country's central bank noted in its latest Financial Stability Review.
Krona's rise eats into Norges Bank's balance sheet
Norges Bank made a loss of NOK 17.6billion ($3.5 billion) in 2007 compared with a profit of NOK 5.5billion ($1.1 billion) in the previous year, the central bank's annual report reveals.
Norway holds rates as inflation creeps up
Norway's central bank kept its policy rate at 5.5% in the face of above-target inflation, concerns over continued market turbulence and signs of slowing growth.
Norwegian SWF in the red for Q1
Norway's Government Pension Fund - Global recorded a loss of 5.6% for the three months to March on the back of the slump in global equity markets.
Charge for payment services, says Norway's Gjedrem
Offering payment services for free is not in bank customers' best interests, Svein Gjedrem, the governor of the Bank of Norway, warned.
Bank lending falls in Norway
Household credit demand in Norway declined in the first quarter of 2008, reports a recent survey of bank lending by the Bank of Norway.
Norway raises rates to 5.5%
The Bank of Norway raised rates for the first time this year on Thursday on fears that inflation was set to breach its 2.5% target.
Turmoil hampering SWF: Norway's Gjedrem
Heightened uncertainty concerning the financial system and global growth prospects are impacting the Government Pension Fund, Norway's sovereign wealth fund, Svein Gjedrem, the governor of the country's central bank, acknowledged.
Norges's Gjedrem praises SWFs
Debate on sovereign wealth funds (SWFs) should reflect their potential to benefit international financial markets, said Svein Gjedrem, the governor of the Norges Bank.
SWFs a force for stability, says BoE's Gieve
Sovereign wealth fund investment will help temper volatility in equity markets, Sir John Gieve, the deputy governor at the Bank of England responsible for financial stability, said.
SWF transparency fosters talent: Norway's Kjaer
Sovereign wealth funds should be more open in order to attract the best staff, not to appease regulators, the former head of Norway's Government Pension Fund - the most transparent of the public-sector investors - has said.
Norway leaves rates unchanged
The Bank of Norway's Executive Board opted on Thursday 13 March to keep rates at 5.25% for the second consecutive vote.
Price stability is best aim for policy
Low and stable inflation remains the best contribution monetary policy can make to growth and macroeconomic stability, said Svein Gjedrem, the governor of the Bank of Norway.
Tokyo to set up wealth fund, says report
The Japanese authorities may be hatching plans to start a sovereign wealth fund.
Norway posts $3.4 billion loss
The Bank of Norway was NKr17.6 billion ($3.4 billion) in the red last year, accounts published on Thursday 28 February reveal.
EU to devise SWF code
The European Commission is to propose a voluntary code of conduct for sovereign wealth funds in a bid to ease fears that their investments could compromise national security interests.
Qvigstad appointed deputy at Norway central bank
Jan Qvigstad, the head of monetary policy at the Bank of Norway, will succeed Jarle Bergo as deputy governor.
IMF calls on top state funds to make the rules
The International Monetary Fund has called on sovereign wealth funds in Singapore, Norway and Abu Dhabi to develop a set of benchmarks for transparency.
The optimal horizon for inflation targeting
The optimal horizon for inflation targeting is highly shock-specific, research published by the Central Bank of Norway finds.
Norway keeps rates at 5.25%, warns on prices
The Bank of Norway's rate-setting board on Wednesday left its key policy rate unchanged at 5.25%, despite concern over inflation.
Norway's SWF must export ethics cautiously: Gjedre
Managers of the Bank of Norway's Global Pension Fund must tread carefully when trying to fulfil the sovereign fund's ethical requirements in foreign markets, said Svein Gjedrem, the governor of the central bank.
Yngve Slyngstad new head of Norway's SWF
Yngve Slyngstad will take over from Knut Kjr as head of Norges Bank Investment Management, which looks after the Global Pension Fund, Norway's sovereign wealth fund.