Kommunalbanken AS (KBN) is a Norwegian local government funding agency, wholly owned by the Kingdom of Norway, represented by the Royal Ministry of Local Government and Regional Development. Established in 1927, KBN's primary mission is to provide low-cost financing to Norwegian municipalities, county authorities, and inter-municipal companies for investments in public services like schools, hospitals, and sustainable infrastructure. The company funds its lending activities by issuing bonds in international capital markets, leveraging its top-tier credit ratings (AAA/Aaa) to secure favorable terms which it passes on to its clients.

Founded in

Norway