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On Tuesday, senior management of DNB, Norway’s largest bank and one of the biggest in the Nordic region, presented to investors in London ambitious plans to lift return on equity from 10.6% for the first nine months of 2017 to 12% in 2019 and to cut an already impressive cost/income ratio of 43.8% down to under 40%.
According to the World Economic Forum, Norway has the best digital infrastructure in the world. Only 6% of payments in the country are made in cash.
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