Kommunalbanken AS Company Description
Kommunalbanken AS, a government funding agency, provides financing solutions to local authorities against a guarantee in Norway.
The institution offers various structured products, including FX-linked, equity and commodity-linked, or combinations of both.
It’s treasury operations maintains liquidity portfolio invested in highly rated deposits, bonds, and floating rate notes issued by governments, supranationals, agencies, and financial institutions in various currencies.
The institution also provides consultancy services to its borrowers, including regular analysis of the interest rate environment, lending rate assessment, and advice on the restructuring of portfolios.
It provides services to Norwegian local governments, counties, inter-municipal companies, transportation, infrastructure, healthcare, and primary and secondary education sectors.
Kommunalbanken AS was formerly known as Norges Kommunalbankwas and changed its name to Kommunalbanken AS in November 1999.
The institution was founded in 1926 and is based in Vika, Norway.
| Country | Norway |
| Founded | 1926 |
| Industry | National Commercial Banks |
| Employees | 88 |
| CEO | Jannicke Granquist |
Contact Details
Address: Building A, 3rd floor Vika, 0252 Norway | |
| Phone | 47 21 50 20 00 |
| Website | kbn.com |
Stock Details
| Ticker Symbol | KBN |
| Exchange | Frankfurt Stock Exchange |
| Fiscal Year | January - December |
| Reporting Currency | NOK |
| SIC Code | 6021 |
Key Executives
| Name | Position |
|---|---|
| Jannicke Granquist | Chief Executive Officer |
| Andrea Softing | Chief Financial Officer |
| Ilse Bache | Chief Operating Officer |
| Thomas Møller | Head of Investor Relations |