The head of the bank inspection office is Mr. Bjarne Haugaard, Director (Ministry of Finance, Oslo). In addition to those mentioned above, the follow- ing banks whose specific objects are determined by law, have been established under government direction: Kongeriget Norges Hypotekbank. Established by Act of September 18, 1851. The object of this mortgage bank is to furnish loans at reasonable rates of interest against security in real property. Its prime aim is to support agricul- ture. The bank is controlled by a board of three members, two of whom are elected by the Stor- ting and one by royal appointment. The head offices of the bank are in Oslo. Den norske Arbeiderbruk- og Boligbank. Established by Act of June 9, 1903. The object of this bank is to grant loans for the purchase of workmen’s holdings in rural districts and to enable wage-earners and salaried employees to build dwelling-houses. The bank is administered by the board of the Hypothekbank. Den norske Stats Smaabruk- og Boligbank. Founded by Act of July 23, 1915, with the object of extending the aims as laid down for the 121