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NB office in New York |
Norges Bank (NB) is the central bank of Norway. All Executive Board appointments are made by King Harald V, after a decision by the Council of State. The objectives of the Bank's core activities are price stability, financial stability and added-value in investment management. Norges Bank manages Norway’s foreign exchange reserves and the Government Pension Fund Global (GPFG). The Bank is not exposed to financial risk from its management of the GPFG. The market value of the foreign exchange reserves was over NOK 480 billion at the end of 2016. GFPG (also known as The Oil Fund) is the world's largest sovereign wealth fund and is larger than the California public-employees pension fund (CalPERS), the largest public pension fund in the United States. GFPG was set up in 1990 to safeguard Norway's oil wealth. Norges Bank Investment Management (NBIM) is a separate part of Norges Bank and is responsible for the operational management of the Government Pension Fund Global (GPFG). At the end of 2016, Norges Bank had total assets of NOK 8.081 trillion ($941 billion), including the investment portfolio of the GPFG of NOK 7.5 trillion. The Bank was established on June 14, 1816 and is headquartered in Oslo. It also has offices in Oslo, London, Singapore, Shanghai and New York and employs about 860 people.
Head office address:
Bankplassen 2
0151 Oslo, Norway
Phone number: + 47 22 31 60 00
Fax: + 47 22 41 31 05
Website: www.norges-bank.no
New York
Norges Bank Investment Management (NBIM)
505 Fifth Avenue, 20 Floor, New York, NY 10017, USA
Phone: +1 917 542 8500
London
Queensberry House, 3 Old Burlington Street
London W1S 3AE, England
Phone: +44 20 7534 9000
Singapore
One Raffles Quay,
#19-03 North Tower, Singapore 048583
Shanghai
Azia Center, Suite 3001, 30th floor
1233 Lujiazui Ring Road, Shanghai, PRC 200120