Which Norwegian institution, established in 1816, is Norway's central bank?

Norges Bank, established in 1816, is Norway's central bank.

Norway created Norges Bank after its separation from Denmark and union with Sweden. The Storting, Norway's parliament, passed the legislation establishing the bank in 1816. Its creation gave the country a national monetary institution and a framework for issuing the Norwegian currency.

The bank was initially located in Trondheim, but its headquarters later moved to Christiania, now Oslo. Over time, Norges Bank took on the responsibilities associated with a modern central bank, including monetary policy, management of foreign reserves, payment systems, and financial stability.

Norges Bank is sometimes confused with DNB, Norway's largest commercial bank. DNB serves households and businesses, whereas Norges Bank is the country's central monetary authority. Norges Bank also manages the Government Pension Fund Global, commonly called Norway's oil fund, although the fund belongs to the Norwegian state and is not an ordinary retail banking product.