Hereditary Kingdom of Norway same evening, choosing the name Haakon, a traditional name used by Norwegian kings. The last king with that name had been Haakon VI, who died in the year 1380. The new king therefore became Haakon VII, King of Norway. His two-year-old son Alexander, the heir apparent, was renamed Olav and became Crown Prince Olav. The new royal family arrived in the capital Kristiania (later Oslo) on 25 November. Haakon VII was sworn in as king of Norway on 27 November. The early years of the new Norwegian monarchy were marked by a shortage of funds. The Norwegian state was poor
Capital First Ltd. was created. In 2013-14, the Company received the Housing Finance Company (HFC) License from National Housing Bank (NHB) for its wholly owned subsidiary Capital First Home Finance Limited. Capital First also launched new products like SME Business Loans, personal loans, affordable housing and scaled up the existing businesses. Between 2014 and 2017, Capital First has raised significant funding through investments from PE players and Qualified Institutional Placements (QIP). Reputed financial institutions across the world like Government Pension Fund Global (Norway), Jupiter Asset Management, Ashburton Limited, DNB Asset management (Norway), Nomura Asset Management, BNP Paribas Asset Management have invested in Capital