Continued solid growth for DNB
DNB’s profit in the first quarter of 2023 was NOK 10 472 million. This is an increase of NOK 371 million, or 3.7 per cent, from the fourth quarter of 2022. The first quarter of the year was marked by international market turbulence. The level of activity in the Norwegian economy remained high, and this, combined with a tight labour market and high inflation, was a contributory factor in the decision by the Norwegian central bank, Norges Bank, to raise the key policy rate. “I am happy to say that many customers are choosing us, and that we are experiencing growth in both the personal