Central Banking

Norges Bank Press Release

PRESS RELEASE - The payment systems have become more efficient, 6 November.

Banks' production of payment services has become more efficient. As a result, unit costs measured in NOK at a fixed value have been halved since 1994. This was shown by Norges Bank's survey of banks' costs in connection with performing payment services for retail and corporate customers. The survey is based on accounting data and additional information from 2001 for a selected number of banks and covers banks' most imp

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