Oil fund invested in equity and bonds from collapsed SVB

Norway’s oil fund has invested billions of kroner in Silicon Valley Bank.

CEO of NBIM Nicolai Tangen | Photo: Staff/Reuters/Ritzau Scanpix

by Sebastian Holsen, translated by Katrine Gøthler

The Norwegian oil fund informs that it, as of Wednesday of last week, had NOK 1.7bn (EUR 149.4m) invested in equities and NOK 1.1bn (EUR 97.1m) in bonds in Silicon Valley Bank’s parent company, SVB Financial Group, writes Norway’s largest business media E24.

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Oil fund invested in equity and bonds from collapsed SVB

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Front page now

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Further reading

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