The Norwegian Bank’s Guarantee Fund manages the deposit guarantee fund.
The fund is invested in low-risk assets with the requisite liquidity to maintain the reimbursement deadline of one week.
The Fund is invested in government bills and bonds in countries with high credit quality and liquidity. All investments in foreign currencies are hedged to NOK.
The investment strategy is issued by the Board of the Norwegian Bank’s Guarantee Fund within the instruction given by the Fund’s statutes.
Detailed information about the investments is given in the Fund’s Annual Reports.
January 1st, 2019 the new regulatory framework for resolution of failing banks entered into force. The rules established a new fund called the Resolution fund. The fund will be used to finance resolution measures in the future. The Financial Supervisory Agency (FSA) will as the resolution authority have disposal of the fund while the Norwegian Bank’s Guarantee Fund shall manage the fund.