Paradigm shift in saving and historically high capitalisation
DNB’s profit for the first quarter of 2021 was NOK 5 885 million, which is NOK 1 884 million higher than in the corresponding period of 2020. The bank is experiencing an explosive growth in the savings area, and DNB’s financial position has never been stronger. The market for savings products, shares and mutual funds reached historically high levels in the quarter, and DNB now has record volumes under management, with strong deposit growth in all customer segments. The Norwegian economy continued to recover in the first quarter, and the authorities’ zero-interest-rate policy has