Information for banks through NICS Online

To minimize the risk of a financial institution experiencing a shortage of liquidity in Norges Bank, NICS has developed a web functionality (NICS Online) where financial institutions can continuously track their net position and exposure against other financial institutions. NICS Online is an important tool for financial institutions in their liquidity adjustments. In addition, every year, Bits prepares a ‘liquidity calendar’ that makes note of important dates in the Norwegian payment system. This calendar has become a useful and frequently used tool for financial institutions in their liquidity forecasting requirements.