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Native name | DNB Bank ASA |
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Company type | Allmennaksjeselskap |
OSE: DNB | |
Industry | Financial services |
Founded | 1822 |
Headquarters | Oslo, Norway |
Area served | Northern-Europe |
Key people | Kjerstin Braathen (CEO), Olaug Svarva (Chairman) |
Products | Banking and insurance |
Revenue | ![]() |
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Total assets | ![]() |
Total equity | ![]() |
Owner | Norwegian government (34 %), DNB Savings Bank Foundation (9 %) As of June 2016[update][2] |
Number of employees | 11,047 (average, 2015)[1] |
Subsidiaries | Cresco |
Website | www.dnb.no |
DNB ASA (formerly DnB NOR ASA) is Norway's largest financial services group, with total combined assets of more than NOK 1.9 trillion and a market capitalisation NOK 164 billion as of 20 May 2016. DNB's head office is located in Oslo.
The two largest owners of DNB 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 a part of the company. It was created when Gjensidige NOR was made a public limited company to ensure that the company's customers retained partial ownership of the company. The foundation can also give up to 25% of its received dividend as gifts to charity.
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