Norway Banking and Finance Tenders

The Norwegian banking and finance market is characterized by a high degree of concentration, with the four largest banks controlling over 80% of the market share. The sector is well-regulated and supervised by the Financial Supervisory Authority of Norway (FSA). The market is also highly digitalized, with a high adoption rate of online and mobile banking.

The Norwegian government is a major purchaser of banking and finance products and services. In 2020, the government spent over NOK 100 billion on banking and finance procurement. The government's procurement needs are met by a wide range of suppliers, including domestic and foreign banks, insurance companies, and financial advisory firms.

The main banking and finance products and services procured by the Norwegian government include:
Investment banking services
Asset management services
Insurance services
Payment services
Financial advisory services

The top authorities for Norway banking and finance procurement are:
The Financial Supervisory Authority of Norway (FSA)
The Ministry of Finance
The Government Procurement Agency (GPA)

The top winners of Norway banking and finance procurement are:
DNB
Nordea
SpareBank 1
KPMG
PwC

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