Central Bank of Norway
The Central Bank of Norway, known as Norges Bank, is the country's primary financial institution responsible for managing monetary policy and ensuring financial stability. Established in 1816, it plays a crucial role in regulating the Norwegian krone, the national currency, and overseeing the banking system.
Norges Bank also manages the Government Pension Fund Global, one of the largest sovereign wealth funds in the world. Its main objectives include maintaining low and stable inflation, promoting a stable financial system, and ensuring the efficient functioning of payment systems in Norway.