About equity certificates

Equity certificates are the equity instruments of savings banks, and they constitute an important share of the capital base of many savings banks in Norway. On this page, you will find more information about equity certificates in general. 

Main characteristics of equity certificates

• Developed by the savings banks

• Clear similarities to regular shares

• Financial instruments that can be traded on Oslo Stock Exchange

• Confer ownership rights to the banks’ equity certificate capital

• Give proportional stake in the bank’s profits

• Limited influence in the bank’s governing bodies compared to shares

• The primary capital provides greater loss protection for equity certificates than shares

• Many Norwegian savings banks have equity certificates that are listed on the stock exchange.