Finance Norway
A presentationFinance 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 peoples livesProvides
savings, loans and efficient payments for businesses and
consumersFinances profitable venturesSafeguards the assets of
businesses and consumers with rapid and efficient settlement of
claimsIs a sound and progressive employer for skilled and
productive professionalsA well-functioning financial industry
A universally important industryBank customers:4.5 million with
deposit accounts1.5 million with mortgages514,000 businesses
Insurance and pension customers:1.4 million with private
occupational pensions430,000 in municipal pension schemes23 million
private insurance policies4
The Norwegian financial industryMore than 2,000 firms50,000
employeesNOK 5.3 trillion under management2% of employment7% of
outputEfficient and productiveLargest non-oil taxpayerTruly
nationwide structure5
Finance NorwayTrade and employer federation for all banks and
insurers operating in Norway
More than 230 member firms100 employees working on regulatory,
social, industry and employer issuesMembers:Savings banksCommercial
banksLife insurersNon-life insurersSavings bank foundationsMortgage
companiesFinancial conglomeratesOther financial firms
Management structureGeneral AssemblyBoardPrincipal Advisory
CommitteesAdministration
Technical Sub-committeesCommitteesBankingLife and
PensionsNon-lifeEmployer IssuesLegal AffairsEmployer IssuesBanking
and Capital MarketsPayments and InfrastructureLife and PensionsRisk
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
