The Norwegian Industrial Bank (Norwegian: Den Norske Industribank), also known as the Industry Bank, was a Norwegian bank.
It had a nationwide mandate as an industrial development bank.[1] It was created in 1936, amid the interwar economic crisis, to supply loans to industry and hotels. The Norwegian state owned about half of the shares.[2] In 1977 it incorporated the loan institution Strukturfinans.[3] In 1993 it merged with the Industry Fund and the Regional Development Fund to form the Norwegian Industrial and Regional Development Fund, now a part of Innovation Norway.[2]
References
- ↑ OECD Reviews of Innovation Policy: Norway
- 1 2 "Den Norske Industribank". Store norske leksikon (in Norwegian). Oslo: Kunnskapsforlaget. Retrieved 11 December 2009.
- ↑ "P-12579 / Den Norske Industribank A/S" (in Norwegian). National Archival Services of Norway. Retrieved 27 June 2011.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.