Norway banks should pay more to emergency funds, government says

Morrow Bank ASA

21/06/2017 10:58

OSLO, June 21 (Reuters) - Norwegian banks should increase 
their contributions to funds that guarantee deposits and help 
fund emergency restructurings, the government said as its 
proposed new legislation on Wednesday. 
    Payments would increase "somewhat", the Finance Ministry 
said in a statement. 
    Banks that exhibit the greatest risk must also be prepared 
for the largest increase in payments, the ministry added. 
 
 (Reporting by Terje Solsvik, editing by Ole Petter Skonnord) 
 ((terje.solsvik@thomsonreuters.com; +47 918 666 70; Reuters 
Messaging: terje.solsvik.thomsonreuters.com@reuters.net)) 
 
Keywords: NORWAY BANKS/