Tagged: DnB Nor

Opts to acquire DnB NORD

In a statement to NORD/LB today, DnB NOR has exercised its option to acquire NORD/LB’s ownership interest in Bank DnB NORD A/S. Since 2005, DnB NOR Bank ASA (DnB NOR) and Norddeutsche Landesbank Girozentrale...

Strong reduction in write-downs

DnB NOR recorded a profit of NOK 2 823 million in the second quarter of 2010, a significant improvement from the year-earlier period. Write-downs on loans were more than halved compared with the second...

Appeal verdict in the case of Røeggen

DnB NOR has decided to appeal the court verdict in Røeggen case. The reason is that on several points strongly disagree with the Court’s majority opinions have been made. Oslo District Court pronounced yesterday’s...

Judgement opens for huge lawsuits

Customer lost 230,000 NOK, and many other plaintiffs are getting in line. DnB NOR was convicted in the Oslo District Court to have given insufficient information on savings products DnB Equity Index Global Bond...

DnB – Capital Markets Day

(March 18, 2010) DnB NOR will hold a Capital Markets Day in London on 18 March 2010 at 09.00 hrs local time. Group chief executive Rune Bjerke will give an account of the Group’s...

DnB NOR insider case closed

DnB NOR accepts the fine imposed by Økokrim (the Norwegian National Authority for Investigation and Prosecution of Economic and Environmental Crime) following claims of a breach of insider rules. DnB NOR maintains that no...

Healthy profits and lower-than-expected write-downs

DnB NOR recorded profits of NOK 1.689 million in the fourth quarter of 2009, up from NOK 1.629 million in the year-earlier period. Profits for the year came to NOK 7.026 million, which demonstrates...

DnB NOR makes donations to Haiti

In connection with the earthquake catstrophe in Haiti, DnB NOR has decided to make donations to some of the organisations working in the country. “In such a situation, it is important to demonstrate corporate...

DnB NOR raises interest rates

The price of banks’ funding has increased since the turn of the year. DnB NOR will thus raise interest rates on loans and deposits by up to 0.25 percentage points.The best interest rate on...