A presentation

FINANCE NORWAY

“Banks and insurers are the backbone of the Norwegian economy, and we aim to help them do the best job possible”

Idar Kreutzer, Managing Director

Offers financial security throughout people’s lives

Provides savings, loans and efficient payments for businesses and consumers

Finances profitable ventures

Safeguards the assets of businesses and consumers with rapid and efficient settlement of claims

Is a sound and progressive employer for skilled and productive professionals

A well-functioning financial industry

A universally important industryBank customers:• 4.5 million with deposit accounts• 1.5 million with mortgages• 514,000 businesses

Insurance and pension customers:• 1.4 million with private occupational

pensions• 430,000 in municipal pension

schemes• 23 million private insurance policies

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The Norwegian financial industry• More than 2,000 firms

• 60,000 employees

• NOK 5.3 trillion under management

• 2% of employment

• 7% of output

• Efficient and productive

• Largest non-oil taxpayer

• Truly nationwide structure

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Finance Norway• Trade and employer federation

for all banks and insurers operating in Norway

• More than 230 member firms

• 100 employees working on regulatory, social, industry and employer issues

Members:Savings banks

Commercial banks

Life insurers

Non-life insurers

Savings bank foundations

Mortgage companies

Financial conglomerates

Other financial firms

Management structureGeneral Assembly

Board

Principal Advisory Committees

Administration

Technical Sub-committees

CommitteesBanking Life and

Pensions Non-life Employer Issues

•Legal Affairs•Employer Issues

•Banking and Capital Markets•Payments and Infrastructure•Life and Pensions•Risk and Non-life

Values

ProgressiveWe promote an innovative and sustainable financial industry

UnambiguousWe are clear and courageous communicators

CredibleWe have the expertise and integrity to listen and be listened to

Equivalent and competitive regulatory conditions nationally and internationally. Fact-based, predictable and transparent regulatory processes with input from the industry.

VISION

The Norwegian financial industry is important, responsible and skilled, and contributes to economic growth through efficient and reliable provision of key services.

VISION

The Norwegian financial industry is the most efficient in Europe, with a ready supply of cutting-edge expertise and a good platform for research and development.

VISION