DNB ASA

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DNB is Norway's largest financial services group and offers financial products and services, including loans and deposits, mutual funds and asset management, life insurance and pension savings, payment and financing services, real estate broking and services related to the money and capital markets.

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Capital build-up completed one year ahead of schedule

Thu, Feb 02, 2017 07:30 CET

DNB recorded profits of NOK 5 380 million in the fourth quarter of 2016, a reduction ofNOK 1 404 million from the fourth quarter of 2015. Even though lower net interest income and higher impairment losses had a negative effect on profits, DNB continued to build capital throughout the year. The Board of Directors has proposed a dividend of NOK 5.70 per share. DNB delivered solid profits despite an increase in impairment losses in oil-related industries and shipping. Profits for the year totalled NOK 19.3 billion, and the bank built up additional capital. The Group fulfilled the capital

Capital target reached ahead of schedule

Thu, Oct 27, 2016 07:30 CET

DNB recorded profits of NOK 4 080 million in the third quarter of 2016, a reduction of NOK 2 290 million from the third quarter of 2015. Just as in the first half of the year, higher impairment losses among large corporates were the main reason for the decline in profits. Parallel to this, the bank has already reached its most important capital target for 2017. On several occasions, DNB has been characterised as one of the world’s best capitalised banks. A new example of this was presented in the third quarter, when the EBA conducted a stress test showing that DNB had the greatest

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Capital build-up completed one year ahead of schedule

Capital target reached ahead of schedule

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