Christiania Bank major financial crisis in Norway and by 1991 the bank had used up all capital. To save the bank, the Government of Norway took over the bank and gave it new capital, rescuing it from bankruptcy. In the early years of the 1990s, the bank also bought Sunnmørsbanken and Sørlandsbanken. In 1995, the government reduced its ownership to 51%, listing it on the Oslo Stock Exchange, and in 1999 to 35%. The same year, the Swedish MeritaNordbanken bid for the bank, and in 2000 the government sold its shares and the bank became part of Nordea. Christiania Bank was at
European Green Capital Award the year. The award is given to a city that: All cities across Europe with more than 100,000 inhabitants can be a candidate for European Green Capital. The award is open to EU Member States, EU Candidate Countries, Iceland, Liechtenstein, Norway and Switzerland. In countries where there is no city with more than 100,000 inhabitants, the largest city is eligible to apply. Where applicable, cities may apply for either the EGCA or EGL, but not both, in any given year. Entries are assessed on the basis of 12 indicators: local contribution to global climate change, transport, green urban areas, noise,