Solid first quarter performance for KBN
KBN’s net interest income in the first quarter was NOK 561 million compared to NOK 502 million in the same period of 2016. The increase is due to strong underlying operations and high demand for loans throughout the quarter.
The Norwegian economy in 2016
2016 saw low growth in the Norwegian economy as a result of the downturn in oil prices and the moderate level of international demand growth. There continues to be a marked divide in the Norwegian economy. Oil-dominated Southern and Western Norway are facing challenges, while growth in more diversified regions such as Oslo, Trøndelag and Northern Norway is stable.
Local government procurement set to become greener in 2017
As part of the Act on Public Procurement becoming stricter, municipalities will be subject to more demanding environmental requirements. But what will the changes mean in practice?