The Norwegian Banks’ Guarantee Fund may grant support to member banks when support measures are deemed less costly than public administration.
Before receiving support, the member banks must have tried to solve its economic difficulties.
In order to ensure that a member bank of the Norwegian Banks’ Guarantee Fund which faces severe economic difficulties can fulfil its obligations or continue its activities, or have its activities transferred to another institution, the Fund may grant support by:
- provide a guarantee
- provide liquidity support
- supply equity
- cover losses
Details on support measures are described in chapter 19 of the Act on Financial Undertakings and Financial Groups and in the Fund’s statutes.