Central Banking

Norges Bank - Payment Systems Annual Report (2010)


The Norges Bank’s Payment Systems Annual Report for 2010, published on Monday, said reducing the costs of payment transfers could improve the efficiency of payment systems in Norway.

At a presentation of Norges Bank's Annual Report on Payment Systems, Øystein Olsen, the governor of Norges Bank, said: “Efficient payment services are essential to a well-functioning economy. Payments should be made swiftly, securely and at low cost. There are considerable differences in costs connected with various

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