DNB’s latest results underline how the Norwegian lender has powered ahead of its Nordic peers by combining disciplined balance sheet management with selective investments in growth.
Return on equity reached 17.5%, the highest level the lender has seen in two decades and comfortably above both the bank’s own over-13% target and the Nordic average of roughly 15%. This performance can be attributed chiefly to firmer pricing on corporate credit and double-digit fee expansion in investment banking, momentum that has also helped lift net profit 16% to NKr45.8
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