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142:. The agency’s mandate also includes promoting competition in the market, thereby facilitating the efficient provision of public services in Norway. KBN operations are strictly regulated, and the agency may only lend to Norwegian local governments, counties, and inter-municipal companies against a local government guarantee.
138:, KBN was established by an act of Parliament in 1926 as a state administrative body and started operations in 1927. KBN gained its current status and structure through a conversion act in 1999. Today, KBN is defined as a state instrumentality serving a public policy function of providing low-cost funding to
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KBN is the largest provider of loans to local authorities in Norway, commanding a market share of approximately 50 percent. As of 2011, more than 97 percent of municipalities and counties have loans with KBN.
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131:. KBN is a direct continuation of its predecessor, Norges Kommunalbank, and has for 85 years been the primary provider of loans to the local government sector in Norway.
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119:(Norwegian: Kommunalbanken, short KBN) is a
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117:The Norwegian Agency for Local Governments
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332:Defunct government agencies of Norway
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165:"Kommunalbanken Norway - Lending"
121:local government funding agency
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249:Public Service Pension Fund
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342:Banks established in 1927
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123:100 percent owned by the
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140:Norwegian municipalities
337:Companies based in Oslo
17:Kommunalbanken AS (KBN)
234:Educational Loan Fund
221:Norwegian state banks
96:Number of employees
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301:Norges Hypotekbank
186:Corporate web site
109:http://www.kbn.com
45:Financial services
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134:With an AAA/ Aaa
129:Kingdom of Norway
127:on behalf of the
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286:Agriculture Bank
258:Shared ownership
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167:. Archived from
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169:the original
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59:Headquarters
31:Company type
244:Norges Bank
227:State banks
74:Area served
321:Categories
306:Postbanken
150:References
100:89 (2023)
279:Heritage
85:Products
41:Industry
105:Website
51:Founded
35:Private
79:Norway
67:Norway
89:Loans
63:Oslo
54:1927
265:DNB
323::
65:,
214:e
207:t
200:v
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