The International Expansion of the Norwegian Banks

M. Boldt-Christmas, S. F. Jacobsen and Adrian Tschoegl ()

Business History, 2001, vol. 43, issue 3, 79-104

Abstract: We discuss the expansion of Norwegian banks abroad in the post-Second World War era. The Norwegian case gives us an opportunity to examine the determinants of the strategies that banks from a small country have followed in their international expansion. At least two issues emerge as important. The first issue is the role of regulation as goad and handicap to internationalisation. The second issue is the role of competition and co-operation (including joint ventures) between banks. Both regulation and competition and co-operation influenced when, where, how and why the Norwegian banks expanded abroad.

Date: 2001
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DOI: 10.1080/713999226

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