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15 November 2019
Norway
Reporter Becky Bellamy

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HSBC to provide global custody Kommunalbanken

HSBC Securities Services has been named global custody provider for Kommunalbanken, a local government funding agency in Norway.

Kommunalbanken is 100 percent owned by the Royal Ministry of Local Government and Regional Development on behalf of the Kingdom of Norway.

As part of the agreement, HSBC Securities Services will provide global custody for Kommunalbanken’s international assets across Europe, US, UK and Asia.

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