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Norges Bank / Noregs Bank is the central bank of Norway. Apart from having traditional central bank responsibilities such as financial stability and price stability, it manages The Government Pension Fund of Norway, a stabilization fund that is world's largest investment pool.
On 31 December 2010, the bank had 590 employees. All Executive Board appointments are made by King Harald V, after a decision by the Council of State. The Chairman of the Executive Board, Øystein Olsen, who presides over the Bank, is also the acting Central Bank Governor. Both the Governor and the Deputy Governor make speaking appearances across the country on a number of occasions each year. The security force of the bank is the only non-military security force in Norway, including the police force, that is permanently armed with firearms.
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