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Nokas Danmark history
Nokas Danmark company history timeline
"The state bank collapse" is what the Danes still call the events in connection with the foundation of the Rigsbanken as a new issuing bank on 5 January 1813, in order to put Danmark's monetary house in order.
After Norway passed under Swedish control in autumn 1814, Carl Johan (Marshal Bernadotte) of Sweden regarded them as false, and declared that possessors of such notes would be treated as counterfeiters.
After a fierce debate, the Norwegian Constituent Assembly of spring 1814 passed the so-called "Eidsvold Guarantee" by 79 to 29: the Rigsbanken was to issue 14 million rigsdalers in new notes - and the Assembly guaranteed the rate personally.
Norges Bank’s history began in 1816, but Norway’s numismatic history dates back roughly to the year 1000.
An interval for silver redemption was fixed, which was gradually adjusted nearer par until 1842.
The gold standard had been recommended by an international money conference in Paris in 1867, in which Norway also participated.
The replacement of the coin series was completed, the first complete replacement since 1875.
The duty to redeem for gold was suspended on 5 August 1914 and the krone floated.
The "par policy" led to a rise in the rate, and by 1926 the krone was par with the pound sterling.
In 1940 the seat of Norges Bank was temporarily moved to London, in that the Norwegian government-in-exile established a new Board.
Norway joined the Bretton Woods system of fixed exchange rates from 15 September 1946.
By Act of 8 July 1949 private shareholders were bought out and the shares taken over by various state funds.
On 6 September 1982 the krone was devalued by 6 per cent.
The Board met twice a week, chaired by the most senior member; not until 1983 was there a permanent chairman.
A new Act of 24 May 1985 on Norges Bank and the monetary system etc. (the Norges Bank Act) entered into force on 9 September 1985.
Nokas AS is a Norwegian security company established in 1987 as Vakt Service AS. The company is headquartered in Tønsberg.
Nokas was established by the Norwegian Central Bank in 2001 as a provider of cash handling services.
Nokas skylt Västberga 2015.jpg (en)
Early 2019 Nokas Group acquired Avarn Security, a leading security company in Finland and Sweden.
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