• Created strong organic growth and results, Increased quality and effectivness on risk-, lending- and liquidity management, Strenghtened the cooperative culture and reputation • Market share increase 37 to 50 %• Lending growth 120 bn NOK • KBN established its position as a leading provider of funds to the local government sector • KBN has held a sturdy course though the financial turmoil, delivered record results 2009-12• Development and professionalization of risk management in accordance to new regulations• Created synergi and results through development, management and focus on internal communication and cooperation

• Further developed and improved the heding- and investment policy and management through active steering and increased its investment universe• Consolidated an investment policy which proved to be a solid fundament for the upcoming financial unrest.

• Created a robust investment policy• Established professional liquidity management• Built up competence on the hedging of interest and FX risk• International marketing of KBN, the team established the funding program which forms the basis for today’s global funding strategy.

• Debt issuance and market making in the Norwegian capital market• Hedging of interest rate risk• Strongly contributed to the development of NKB as a professional bond issuer

• Marketing and customer service responsibility, lending• Established and responsible for an environmental support scheme on behalf of the Ministry of Environment