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| Formerly | Norges Postsparebank Norges Postbank |
|---|---|
| Type | Division |
| Industry | Banking |
| Founded | 1948 |
| Defunct | 2011 |
| Fate | Merged into DnB NOR |
| Headquarters | Oslo, Norway |
Area served | Norway |
Key people | Jarle Mortensen (CEO) |
| Parent |
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Postbanken (lit. The Postal Bank) was a Norwegian postal savings bank. The bank offered its services through the Norwegian post office. It was first merged into DNB ASA as a subsidiary, and then dissolved in 2011.
Postbanken was founded in 1948 after major political battle as Norges Postsparebank with the goal to incurate to savings, though the maximum amount allowed to be saved per person was set to NOK 10,000. In 1948, the bank had services provided at 3,600 post offices and post outlets. The first loans were often large and given to investments in rural areas. [1]
Until 1999, the bank was owned by the Government of Norway, but then it was merged with DnB NOR. The bank dissolved in 2011. [2] In 2001, the Postal Giro System was bought by Bankenes Betalingssentral and the year after the two giro systems merged, making the 60-year-old postgiro system history.
Postal savings systems provide depositors who do not have access to banks a safe and convenient method to save money. Many nations have operated banking systems involving post offices to promote saving money among the poor.
India Post is a government-operated postal system in India, and is the trade name of the Department of Post under the Ministry of Communications. Generally known as the Post Office, it is the most widely distributed postal system in the world. Warren Hastings had taken initiative under East India Company to start the Postal Service in the country in 1766. It was initially established under the name "Company Mail". It was later modified into a service under the Crown in 1854 by Lord Dalhousie. Dalhousie introduced uniform postage rates and helped to pass the India Post Office Act 1854 which significantly improved upon 1837 Post Office act which had introduced regular post offices in India. It created the position Director General of Post for the whole country.
DNB ASA is Norway's largest financial services group, with total combined assets of more than NOK 1.9 trillion and a market capitalisation NOK 164 billion as of 20 May 2016. DNB's head office is located in Oslo.
Posten Bring formerly named Posten Norge is the name of the Norwegian postal service. The company, owned by the Norwegian Ministry of Transport and Communications had a monopoly until 2016 on distribution of letters weighing less than 50g throughout the country. There are 30 post offices in Norway, in addition to 1400 outlets in retail stores.
The Deutsche Bundespost was a German state-run postal service and telecommunications business founded in 1947. It was initially the second largest federal employer during its time. After staff reductions in the 1980s, the staff was reduced to roughly 543,200 employees in 1985. The corporation was dissolved in 1995 under two rounds of postal reforms that took place in the German Post Office in 1989 and 1995, respectively. Following the reforms, the former Deutsche Bundespost was broken into three publicly traded corporations: Deutsche Post AG, Deutsche Telekom, and Deutsche Postbank AG.
Visma is a privately held company headquartered in Oslo, Norway, that provides business software and information technology-related development and consultancy. The majority of the company is owned by HgCapital, a private equity firm.
Österreichische Postsparkasse (P.S.K.) was a postal savings bank in Austria. It was owned by the Austrian Post Office and thus by the government. It merged on 1 October 2005 with the BAWAG to form BAWAG P.S.K.
Tjølling is a former municipality in Vestfold county, Norway. The 70-square-kilometre (27 sq mi) municipality existed from 1838 until its dissolution in 1988. The area is now part of Larvik Municipality. The administrative centre was the village of Tjøllingvollen. Other villages in Tjølling included Hem, Rekkevik, and Ula.
Sparebankstiftelsen DNB is a Norwegian foundation. The foundation gives financial contributions to a wide range of charitable causes, and is the second largest shareholder of the financial services company DNB. The foundation's capital is a result of accumulated profits from the former savings banks which are now part of DNB.
Nordlandsbanken was a Norwegian bank serving the County of Nordland. Nordlandsbanken was at the end a wholly owned subsidiary of DnB NOR who bought the bank in 2003. It had total assets of NOK 22 billion and headquarters in Bodø. The bank had 17 branches.
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Union Bank of Norway branded as Sparebanken NOR was Norway's largest savings bank between 1990 and 1999. The bank was created as a merger between Sparebanken ABC and four other regional savings banks. The new bank had its headquarters in Oslo and was in existence until 1999 when it merged with Gjensidige to form Gjensidige NOR. Today the bank is part of DnB NOR.
Sparebanken ABC, sometimes branded as ABC Bank, was a Norwegian savings bank based in Oslo, in existence between 1985 and 1990. The bank was a merger between Sparebanken Oslo/Akershus as Christiania Sparebank) and Fellesbanken. The bank lasted until 1990 when it merged with four other savings banks in Eastern Norway to create Sparebanken NOR. The bank is now part of DnB NOR after Sparebanken NOR merged with Gjensidige to create Gjensidige NOR in 1999 and Gjensidige NOR merged with Den norske Bank in 2003 to create DnB NOR.
Gjensidige Forsikring ASA is a Norwegian insurance company. The company traces its roots back to 1816 when a fire mutual was founded as Land Gjensidige Brandkasse in what is today Innlandet county. Gjensidige demutualised and listed on the Oslo Stock Exchange in December 2010. The firm, headquartered in Oslo, has a market share of some 26% (2021) in the Norwegian insurance market. The company has 36 branch offices in Norway, not including affiliated fire mutuals, and 1 million customers. Gjensidige has subsidiaries in Denmark, Sweden and The Baltics.
Fellesbanken was a Norwegian bank that existed between 1920 and 1985 with offices in Oslo, Norway. It was created as a central bank for the Norwegian savings banks as well as functioning as a commercial bank. It merged with Sparebanken Oslo/Akershus in 1985 to form Sparebanken ABC. It is now part of DnB NOR.
Sparebank is a type of Norwegian savings bank without external owners. The Norwegian sparebanks are a separate type of juridical entity that differ from commercial banks and are more similar to cooperative banks. As of 2022, there were a total of 123 savings banks in Norway.
Bankgiro is a Norwegian giro system used by all banks in the country, managed by Bankenes Betalingssentral (BBS). The system allows arbitrary transactions between private accounts in all Norwegian accounts using Norwegian krone. It is optimised for online banking, though it is also available via the post (Brevgiro), using a telephone (Telegiro) or based on automation, including the services Avtalegiro, Autogiro and eFaktura.
EDB Business Partner ASA, trading as EDB was a Norwegian information technology company that supplied many services relating to computing, including operation, outsourcing and online banking. The company was headquartered in Oslo and listed on the Oslo Stock Exchange. Telenor owned 51.3% of EDB. EDB BP has wholly owned subsidiaries in Sweden and Denmark, and more recently acquired the majority of Miratech and Infopulse, which are Ukrainian IT companies.
ErgoGroup was a Nordic information technology corporation, systems integrator and consulting company headquartered in Oslo, Norway. The company provided services for IT operations, business solutions, outsourcing, infrastructure and consulting. ErgoGroup had a total of 90 offices and regional branches throughout Norway, Sweden and Finland, and was a subsidiary of Posten Norge, the Norwegian Postal Service. It was the second largest ICT operations company in Norway. The company also held partial ownership in SYSteam, TransWare, Gecko, Eiendomsverdi, Buypass, Eye-Share and Bekk Consulting. ErgoGroup merged with EDB Business Partner in 2010, creating EVRY.
The Norwegian identity card, commonly referred to as the national identity card in Norway, is a non-compulsory biometric identity document issued since 30 November 2020. It is one of two official identity documents issued by the Norwegian Police Service, the other being the Norwegian passport. It is only issued to Norwegian citizens, and may indicate citizenship so that it can be used as a travel document facilitating freedom of movement within the European Free Trade Association and the European Economic Area. For travel within the Nordic countries no identity documentation is legally required for Nordic citizens due to the Nordic Passport Union.
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