https://feeds.thelocal.com/ Read the latest news and views from Norway in English en-us news@thelocal.com (TheLocal) webmaster@thelocal.com (TheLocal) TheLocal RSS Feed After Norges Bank raised the key interest rate to 4.25 percent on Thursday, May 7th (the first increase since 2023), Norway’s commercial banks followed suit. https://www.thelocal.no/20260512/which-norwegian-banks-are-raising-interest-rates-2 Tue, 12 May 2026 15:42:48 +0200 which-norwegian-banks-are-raising-interest-rates-2 People who live in Norway are often targeted by fraudsters and criminal organisations trying to extract money or sensitive information. Here's what you need to do if you fall victim to a scam. https://www.thelocal.no/20230130/what-you-should-do-if-you-are-the-victim-of-fraud-in-norway Mon, 30 Jan 2023 13:59:37 +0100 what-you-should-do-if-you-are-the-victim-of-fraud-in-norway Savings accounts in Norway come in many forms. Whether it's a nest egg to put towards a home, a rainy day fund, or saving for your children's future, there are a few things you should know. https://www.thelocal.no/20230816/the-key-things-you-need-to-know-about-savings-accounts-in-norway Wed, 16 Aug 2023 15:00:35 +0200 the-key-things-you-need-to-know-about-savings-accounts-in-norway Electronic IDs play a big part in daily life in Norway, and Bank ID is the most versatile of these. The Local asked the largest banks whether they will issue BankID to foreigners who only have a D-number. https://www.thelocal.no/20250206/which-norwegian-banks-issue-bankid-to-foreigners-with-a-d-number Thu, 06 Feb 2025 16:27:24 +0100 which-norwegian-banks-issue-bankid-to-foreigners-with-a-d-number Picking the right bank in Norway, or even getting an appointment to open an account, can be hard. Thankfully, The Local’s readers have shared their experiences and advice to give you a head start. https://www.thelocal.no/20240223/the-verdict-what-are-the-best-banks-for-foreigners-in-norway Fri, 23 Feb 2024 12:37:39 +0100 the-verdict-what-are-the-best-banks-for-foreigners-in-norway If you're looking to settle, work, or study in Norway, one of the first things you'll need to do is to open a bank account. There are the essential documents and procedures you should be aware of. https://www.thelocal.no/20240306/what-paperwork-do-you-need-to-open-a-bank-account-in-norway Wed, 06 Mar 2024 16:11:23 +0100 what-paperwork-do-you-need-to-open-a-bank-account-in-norway Norway's central bank announced a surprise interest rate cut on Thursday, citing economic uncertainty linked to trade tensions and escalating conflicts. https://www.thelocal.no/20250619/norways-national-bank-announces-surprise-rate-cut Thu, 19 Jun 2025 13:46:04 +0200 norways-national-bank-announces-surprise-rate-cut Sooner or later, many foreign residents in Norway will want to get on the property ladder. The Local spoke to the biggest lenders to find out if there are any specific mortgage requirements, such as steeper deposits, in place for foreigners. https://www.thelocal.no/20230227/are-norways-mortgage-requirements-different-for-foreign-residents Mon, 27 Feb 2023 12:39:16 +0100 are-norways-mortgage-requirements-different-for-foreign-residents In response to Norges Bank's (Norway's central bank) recent increase in the key interest rate, Nordea and DNB are following suit by raising their interest rates on mortgages and deposits. https://www.thelocal.no/20230926/norwegian-banks-announce-mortgage-interest-rate-hike Tue, 26 Sep 2023 12:06:39 +0200 norwegian-banks-announce-mortgage-interest-rate-hike Norway offers specialised savings accounts with generous interest rates and a tax deduction for savers looking to get onto, or take their next steps, on the property ladder. https://www.thelocal.no/20230821/the-key-things-you-need-to-know-about-norways-bsu-savings-account Mon, 21 Aug 2023 14:05:56 +0200 the-key-things-you-need-to-know-about-norways-bsu-savings-account The struggles of several banks have sent shockwaves throughout the markets. What protection is there for your money if your bank goes bust? We had a look at the Norwegian rules. https://www.thelocal.no/20230327/how-safe-is-my-money-in-a-norwegian-bank Mon, 27 Mar 2023 15:18:43 +0200 how-safe-is-my-money-in-a-norwegian-bank Bank code chips are widely used in Norwegian society. Now, experts are ringing the alarm regarding the risks associated with the chips. https://www.thelocal.no/20221220/are-norwegian-bank-code-chips-a-serious-fraud-risk Tue, 20 Dec 2022 11:11:51 +0100 are-norwegian-bank-code-chips-a-serious-fraud-risk Here are a few things to know when it comes to the banking system in Norway. https://www.thelocal.no/20201130/hidden-costs-what-you-need-to-know-about-norwegian-bank-accounts Mon, 30 Nov 2020 18:17:25 +0100 hidden-costs-what-you-need-to-know-about-norwegian-bank-accounts Some of Britain's biggest banks have begun contacting customers in European Union countries, warning them that their accounts will be closed down within weeks because the cost and complexity of operating without a continuation of pan-European banking rules is too much. https://www.thelocal.no/20200920/brits-in-eu-risk-losing-uk-bank-accounts-within-week Sun, 20 Sep 2020 16:19:03 +0200 brits-in-eu-risk-losing-uk-bank-accounts-within-week The Oslo stock exchange opened on Friday in the red for the first time this week with the benchmark index down 0.3 percent in early trading. https://www.thelocal.no/20130712/oslo-stock-exchange-opens-down-on-friday Fri, 12 Jul 2013 13:06:00 +0200 oslo-stock-exchange-opens-down-on-friday