Healthy earnings and improved capital adequacy
DNB recorded profits of NOK 4 580 million in the second quarter of 2012, up from NOK 3 546 million in the second quarter of 2011. The bank is still experiencing sound growth in both the personal and corporate markets.All business areas, apart from Insurance and Asset Management, achieved considerably higher operating profits than in the second quarter of 2011. “We are very pleased with the Group’s second quarter performance. While a number of European banks are now scaling back lending, DNB is still experiencing strong, profitable growth. We are growing parallel to strengthening our