www.finansnorge.no

Finance Norway Finance Norway and the Norwegian Financial Services Sector

July 2017

www.finansnorge.no

Banks and insurance companies

are the backbone of the Norwegian

economy. We strive to support the

sector doing the best job possible.

2

Idar KreutzerCEO Finance Norway

”

www.finansnorge.no3

The Norwegian

Financial Services

Industry:

• More than 130 banks and 50 insurance companies

• 50.000 employees

• NOK 8.3 trillion under management

• 2 per cent of the

employment force

• 6 per cent of output

• Largest non-oil

tax payer

• Offers financial security throughout people’s lives.

• Provides savings, loans and efficient payments services for both consumers and businesses.

• Secures the financing of profitable ventures

• Safeguards the assets of both consumers and businesses with fast and efficient settlement of claims.

• Is a sound and progressive employer for skilled and productive professionals.

A well functioning

financial services industry:

www.finansnorge.no

Our members:• Savings banks

• Commercial banks

• Life insurers

• Non-life insurers

• Savings bank foundations

• Mortgage companies

• Financial conglomerates

• Other financial companies

• The trade and employer

federation for all banks and

insurance companies operating

in Norway.

• More than 240 member

companies.

• Our employees work on

regulatory, social, industry

and employer issues.

4

www.finansnorge.no5

Management Structure

BOARD

ADMINISTRATION

BankingLife and

PensionsNon-life

Employer

AffairsPrincipal Advisory Committees

• Legal Affairs

• Employer issues

• Communications

Sector Committees

• Banking and

Capital markets

• Life insurance

and Pensions

• Risk and Non-life

Technical sub-committees

www.finansnorge.no

Jan Digranes

Payments,

digitization and Guarantee Schemes

Stefi Kierulf Prytz

Life Insurance and

Pensions

Hege Hodnesdal

Non-life

Runa Opdal Kerr

Employer Affairs

Erik Johansen

Banking and

Capital Markets

CEO

Idar Kreutzer

Policy Areas

Depart

ments

Public AffairsOle Morten Geving

Legal Services

Evy Ann Hagen

Economics and Finance

Per Erik Stokstad

Statistics and Analysis

Kari Mørk

Strategy and International Coordination

Ellen Bramness Arvidsson

Administration and HR

Lene Magnussen Baarlid

Communications and Public Affairs

Jan Erik Fåne

Media Tom Staavi

ConsumerGry Nergård

www.finansnorge.no

Our Values

7

PROGRESSIVE

We promote an innovative

and sustainable financial

services industry

UNAMBIGUOUS

We are clear and

courageous communicators

CREDIBLE

We have the expertise

and integrity to listen and

be listened to

www.finansnorge.no

OB

JE

CT

IVE

S

8

Equal and competitive regulatory conditions

nationally and internationally. Fact-based,

predictable and transparent regulatory

processes with input from the industry.

The Norwegian financial services industry is

important, responsible and competent, and

contributes to economic growth through an

efficient and reliable provision of key services.

The Norwegian financial services industry is the

most efficient industry in Europe, providing access

to cutting edge expertise and a good platform for

research and development.

www.finansnorge.no