Terra Markets is a Norwegian security company associated with Terra-Gruppen. It is responsible for security investments on behalf of the Terra member banks and their customers. Actual management of securities was performed through the now bankrupt Terra Securities while mutual funds are managed by Terra Fondsforvaltning.

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  • 1997-01-01 00:00:00 (xsd:date)
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  • Odd Arne Pedersen (CEO)
    Gabriel Block-Watne (Chairman)
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  • 1997-01-01 00:00:00 (xsd:date)
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  • Odd Arne Pedersen (CEO)
    Gabriel Block-Watne (Chairman)
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  • Terra Markets is a Norwegian security company associated with Terra-Gruppen. It is responsible for security investments on behalf of the Terra member banks and their customers. Actual management of securities was performed through the now bankrupt Terra Securities while mutual funds are managed by Terra Fondsforvaltning. Terra Markets AS is owned 66.73 % by Terra-Gruppen (again owned by 78 local savings banks) and four senior executives in Terra-Gruppen, including former CEO of Terra-Gruppen Ola Sundt Ravnestad and President of Terra Markets Odd Arne Pedersen. In 2007 Terra Markets was involved in the Terra Securities scandal, resulting in the subsidiary Terra Securities losing its concession for brokerage on November 28, 2007 and filing for bankruptcy the same day.
  • Terra Markets AS er et norsk verdipapirselskap eid av Terra-Gruppen. Selskapet har ansvar for investeringer på vegne av Terras medlemsbanker og deres kunder. Driften knyttet til verdipapirer ble gjort gjennom det nå opphørte selskapet Terra Securities, mens fondshandel blir drevet via Terra Fondsforvaltning. Terra Markets har ingen operativ funksjon, men fungerer kun som et eierselskap. Terra-Gruppen (som igjen eies av 78 lokale sparebanker) eier 66,73 % av selskapet, mens konsernledelsen i Terra-Gruppen, inkludert administrerende direktør i Terra Markets, Odd Arne Pedersen, samt tidligere konsernsjef i Terra Securities, Ola Sundt Ravnestad eier resten (33,27 %) via Otol Invest. I 2007 var Terra Markets involvert i Terra-skandalen, noe som førte til konkurs for datterselskapet Terra Securities. Etter at Kredittilsynet den 28. november 2007 gav et forhåndsvarsel om at de ville inndra konsesjonene til å drive med aksje- og fondsforvaltning, ble selskapet overraskende slått konkurs samme dag. Det siste styret i Terra Securities gjorde var å føre opp et mulig erstatningskrav på 500 millioner kroner fra nordlandskommunene som gjeld i sitt regnskap, uten å fått noe formelt krav fra kommunene.
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  • Terra Markets AS
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  • 1997 (xsd:integer)
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  • Terra Markets is a Norwegian security company associated with Terra-Gruppen. It is responsible for security investments on behalf of the Terra member banks and their customers. Actual management of securities was performed through the now bankrupt Terra Securities while mutual funds are managed by Terra Fondsforvaltning.
  • Terra Markets AS er et norsk verdipapirselskap eid av Terra-Gruppen. Selskapet har ansvar for investeringer på vegne av Terras medlemsbanker og deres kunder. Driften knyttet til verdipapirer ble gjort gjennom det nå opphørte selskapet Terra Securities, mens fondshandel blir drevet via Terra Fondsforvaltning. Terra Markets har ingen operativ funksjon, men fungerer kun som et eierselskap.
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  • Terra Markets
  • Terra Markets
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  • Terra Markets AS
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