Bergen Bank was a Norwegian

Norway

Norway , officially the Kingdom of Norway, is a Nordic unitary constitutional monarchy whose territory comprises the western portion of the Scandinavian Peninsula, Jan Mayen, and the Arctic archipelago of Svalbard and Bouvet Island. Norway has a total area of and a population of about 4.9 million...

 commercial bank

Commercial bank

After the implementation of the Glass–Steagall Act, the U.S. Congress required that banks engage only in banking activities, whereas investment banks were limited to capital market activities. As the two no longer have to be under separate ownership under U.S...

 in existence between 1975 and 1990. It was created as a merger between Bergens Privatbank

Bergens Privatbank

Bergens Privatbank was a Norwegian commercial bank based in Bergen. It was established in 1855 and built a network of branches throughout the country. Jørgen Breder Faye was the first director and held the position until 1904. The bank merged with Bergens Kreditbank in 1975 to establish Bergen Bank....

 (founded in 1855) and Bergens Kreditbank

Bergens Kreditbank

Bergens Kreditbank was a Norwegian commercial bank based in Bergen. It was established in 1928 with its main offices in Vågsallmenningen. It merged with Bergens Privatbank in 1975 to establish Bergen Bank....

 (founded in 1928) while the bank Kvam Privatbank was acquired in 1979. In 1988 it bought Nevi

Nevi (company)

Nevi was a Bergen, Norway-based financial company. Owned by Vital, it experienced a rapid growth during the 1980s, before nearly going bankrupt and being taken over by Bergen Bank in 1988....

. Bergen Bank, which was based in Bergen

Bergen

Bergen is the second largest city in Norway with a population of as of , . Bergen is the administrative centre of Hordaland county. Greater Bergen or Bergen Metropolitan Area as defined by Statistics Norway, has a population of as of , ....

, Norway, merged with Den norske Creditbank

Den norske Creditbank

Den norske Creditbank or DnC is a defunct Norwegian commercial bank created in 1857. In 1990 it merged with Bergen Bank to create Den norske Bank...

 in 1990 to form Den norske Bank

Den norske Bank

Den norske Bank or DnB was a Norwegian bank that existed between 1990 and 2003 when it merged with Gjensidige NOR to form the present DnB NOR...

. It is now part of DnB NOR

DnB NOR

DNB ASA is Norway's largest financial services group with total combined assets of more than NOK 2.0 trillion and a market capitalisation NOK 102 billion as per December the 31st. The Group includes brands such as DNB, Vital, Nordlandsbanken, Cresco, Postbanken, DnB NORD and Carlson...

.

Criticism

The bank was the target of massive demonstration

Demonstration (people)

A demonstration or street protest is action by a mass group or collection of groups of people in favor of a political or other cause; it normally consists of walking in a mass march formation and either beginning with or meeting at a designated endpoint, or rally, to hear speakers.Actions such as...

s in 1976 after three female employees at Per Hestvik & Co in Mo i Rana

Mo i Rana

Mo i Rana is a town in the municipality of Rana, Nordland, Norway, located just south of the Arctic Circle and in the region Helgeland. The town is called "Mo i Rana" to distinquish it from other places named Mo - most notably the town of Mosjøen, also in Helgeland - though locally the town is...

 were fired with the reason that they were members of Kvinnefronten, a women's rights

Women's rights

Women's rights are entitlements and freedoms claimed for women and girls of all ages in many societies.In some places these rights are institutionalized or supported by law, local custom, and behaviour, whereas in others they may be ignored or suppressed...

 movement. The reason for the firing was that Bergen Bank denied the bank credit

Credit (finance)

Credit is the trust which allows one party to provide resources to another party where that second party does not reimburse the first party immediately , but instead arranges either to repay or return those resources at a later date. The resources provided may be financial Credit is the trust...

if they did not fire the employees.