Kommunalbanken AS (KBN) is a state-owned financial institution whose mission is to provide stable and cost-effective financing for Norwegian municipalities, counties, and inter-municipal companies. Established in 1927, KBN plays a crucial role in funding essential public infrastructure and services such as schools, hospitals, water and sanitation systems, and climate-friendly projects. It raises funds by issuing securities in both Norwegian and international capital markets, leveraging its strong credit rating (AAA/Aaa) to secure favorable terms, which it then passes on to its public sector clients.

Founded in

Norway