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Company nameDnB NOR ASA
Company typeAllmennaksjeselskap (Ose - DNBNOR)
IndustryFinancial services
HeadquartersOslo, Norway
Key peopleRune Bjerke (CEO), Anne Carine Tanum (Chairman)
ProductsBanking and insurance
RevenueNOK 39.59 billion (2010)
Net incomeNOK 14.81 billion (2010)
Total assetsNOK 1.862 trillion (end 2010)
Total equityNOK 111.20 billion (end 2010)
Employees13,430 (average, 2010)
SubsidiaryVital Forsikring, Cresco, Nordlandsbanken, Postbanken, Carlson, DnB NORD (51%)

     Home | Company | DnB NOR

DnB NOR ASA is Norway's largest financial services group with total combined assets of more than NOK 2.0 trillion and a market capitalisation NOK 102 billion as per December the 31st. The Group includes brands such as DnB NOR, Vital, Nordlandsbanken, Cresco, Postbanken, DnB NORD and Carlson. DnB NOR's head office is located in Oslo.

The two largest owners of DnB NOR are the Norwegian Ministry of Trade and Industry (34.0%) and Sparebankstiftelsen DnB NOR (10.0 %). The latter was created as a foundation with the sole purpose of owning part of the company. It was created when Gjensidige NOR was made a public limited company to ensure that the companies' customers retained partial ownership of the company. The foundation also can give up to 25% of its received dividend as gifts to charity.

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Notifiable trading - Reuters (press release) Tweet this news
Reuters (press release)--The shares purchased by -DnB NOR- on behalf of Statoil (OSE:STL, NYSE:STO) on 15 April 2011 for use in the group's share saving plan have on 19 April 2011 been distributed to the employees in accordance with their savings amo - Date : Tue, 19 Apr 2011 15:03:07 GMT+00:00
Contemplating new bond issue - Reuters (press release) Tweet this news
Reuters (press release)--Furthermore REC has in the first quarter repaid and cancelled debt facilities with maturity in 2013 totalling NOK 2.3 billion. -DnB NOR- Markets, Nordea Markets, and SEB Merchant Banking have been appointed as advisors to this tra - Date : Tue, 12 Apr 2011 15:01:36 GMT+00:00
Successful placement of bonds - Reuters (press release) Tweet this news
Reuters (press release)--As previously announced, the net proceeds will be used for general corporate purposes. REC is pleased with the transactions which extends the company's debt maturity profile. -DnB NOR- Markets, Nordea Markets and SEB Merchant - Date : Thu, 14 Apr 2011 07:03:50 GMT+00:00
THIN - Notice of Annual General Meeting 10 May 2011 - Reuters (press release) Tweet this news
Reuters (press release)--The attendance form must be received by the registrar -DnB NOR- Bank ASA at the latest by 6 May 2011 at 12.00 (CET) At 09:30 or after the Annual General Meeting has been adjourned, the CEO, Davor P. Sutija, will give a presentatio - Date : Thu, 14 Apr 2011 07:03:52 GMT+00:00
BW Offshore plans to delay dual listing on SGX - Channel News Asia Tweet this news
Channel News Asia--Its primary banker, -DnB Nor-, said it has also seen stronger interest from other Oslo-listed firms hoping to tap into the Singapore market. Joachim Skorge, head of corporate finance Asia, -DnB NOR- Markets, said: "Interest has - Date : Tue, 29 Mar 2011 15:50:03 GMT+00:00
Norway Bank Freezes $370 Million in Libyan Central Bank Assets - Bloomberg Tweet this news
Bloomberg---DnB NOR- ASA (-DNBNOR-), Norway's biggest lender, declined to comment on whether it has frozen Libyan assets. The Oslo-based bank was complying with government requests to implement sanctions, Thomas Midteide, a -DnB NOR- spokesman, said - Date : Wed, 23 Mar 2011 15:02:02 GMT+00:00
IFR-CCDQ debuts covered bond as Yankee issuers line up - Reuters Tweet this news
Reuters--Meanwhile, Norway's largest financial institution, -DnB Nor- (-DNBNOR-.OL) , is also expected to tap the dollar market again soon. It made its debut in the currency in October last year. Thor Tellefsen, senior vice president and head of long - Date : Thu, 17 Mar 2011 17:30:25 GMT+00:00
A Look Inside the Global-X Norway ETF - Seeking Alpha Tweet this news
Seeking Alpha--The largest two holdings, Statoil and -DnB NOR-, make up a disproportionate 36.76% of the fund's total assets. The four largest holdings make up 46.4% of the fund's total assets and two of these four are oil and gas companies. ... - Date : Wed, 16 Mar 2011 17:27:18 GMT+00:00
Annual report and accounts for 2010 for DnB NOR ASA - European Investor (subscription) Tweet this news
European Investor (subscription)--Annual report and accounts for 2010 for -DnB NOR- ASA In a meeting on Wednesday, 16 March 2011, the Board of Directors of -DnB NOR- ASA approved the annual accounts for 2010. The -DnB NOR- Group's annual report and b - Date : Thu, 17 Mar 2011 07:11:38 GMT+00:00
Nordic Stocks: DnB NOR, Elisa, Nokia, Novozymes, SSAB Move - Bloomberg Tweet this news
Bloomberg---DnB NOR- ASA (-DNBNOR- NO) rose 4.5 percent to 85.30 kroner, extending yesterday's increase. Norway's largest bank was raised to “buy” from “hold” at Pareto ... - Date : Fri, 11 Feb 2011 14:25:52 GMT+00:00

DnB NOR Group

CompaniesAutolease * Carlson Investment Management * Cresco * DnB NOR * DnB NORD * DnB NOR Eiendom * DnB NOR Markets * Netaxept * Nordlandsbanken * Postbanken * Sparebankstiftelsen DnB NOR * Vital
HeritageBergen Bank * Bergens Kreditbank * Bergens Privatbank * Christiania Sparebank * Den norske Bank * Den norske Creditbank * Fellesbanken * Forenede Forsikring * Gjensidige * Gjensidige NOR * Skandia Asset Management * Sparebanken ABC * Sparebanken NOR * Sparebanken Oslo/Akershus
BrandsAmerican Express * Cresco * Postbanken * Vital

OBX companies of Norway

Acergy * Aker Solutions * DnB NOR * DNO International * Fred. Olsen Energy * Frontline * Golden Ocean Group * Kongsberg Automotive * Marine Harvest * Norsk Hydro * Orkla * Petroleum Geo-Services * Prosafe * Questerre Energy Corporation * Renewable Energy Corporation * Royal Caribbean Cruises * Seadrill * Sevan Marine * Songa Offshore * Statoil * Storebrand * Subsea 7 * Telenor * TGS-NOPEC * Yara

Norwegian state banks

State banksEducational Loan Fund * Housing Bank * Norges Bank * Public Service Pension Fund
Shared ownershipDnB NOR * Kommunalbanken
HeritageAgriculture Bank * Den norske Bank * Kredittkassen * Norges Hypotekbank * Postbanken

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