Bloomberg News

Norway Banks May Need $9 Billion to Boost Capital, FSA Says

September 28, 2011

Sept. 28 (Bloomberg) -- Norway’s largest lenders may need 30 billion kroner to 50 billion kroner ($9 billion) in external funds to meet an “ambitious” strenghtening of core capital by 2 percent by 2013, Norway’s financial regulator said in a report today, citing its own calculations.

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