DnB NOR - financial performance and future prospects
January 26, 2009 03:49 ET
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DnB NOR Bank ASA
Based on recent speculation relating to potential losses in DnB NOR's loan
portfolio, DnB NOR would like to make the following clarification:
As previously announced, the Group will present...
New CEO of DnB NORD
December 04, 2008 04:01 ET
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DnB NOR Bank ASA
Sven Herlyn will leave his position as group CEO in DnB NORD A/S for personal
reasons. The Board of Directors has appointed Thomas Bürkle as his successor,
general manager in NORD/LB New York Branch...
DnB NOR best Norwegian foreign exchange bank
November 20, 2008 09:57 ET
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DnB NOR Bank ASA
Global Finance magazine has named DnB NOR best Norwegian foreign exchange bank.
The renowned Global Finance magazine has named DnB NOR best Norwegian foreign
exchange bank. In an evaluation of...
Shipping loans
November 20, 2008 09:56 ET
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DnB NOR Bank ASA
DnB NOR is aware that there are rumours and claims in the market concerning the
quality of the bank's portfolio of shipping loans.
DnB NOR has a global shipping portfolio consisting of loans to...
DnB NOR implements further cut in home loan interest rates
November 13, 2008 07:31 ET
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DnB NOR Bank ASA
DnB NOR will reduce interest rates on home loans by a further 0.3 percentage
points. After the adjustment, the best interest rate on home loans will be 6.45
per cent, with effect from 5 December...
DnB NOR cuts interest rates
November 07, 2008 04:06 ET
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DnB NOR Bank ASA
Due to the fall in money market rates during the current week, DnB NOR has
decided to reduce interest rates on home loans by 0.50 percentage points with
effect from 30 November 2008.
"We have...
DnB NOR in third quarter 2008: Satisfactory performance in a highly challenging market
October 30, 2008 04:54 ET
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DnB NOR Bank ASA
DnB NOR's pre-tax operating profits before write-downs were NOK 4.4 billion in
the third quarter of 2008, an increase of 18.1 per cent compared with the
year-earlier period. An increase in net...
Reclassification of liquidity portfolio in DnB NOR Bank ASA
October 24, 2008 10:15 ET
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DnB NOR Bank ASA
On 16 October 2008, the Norwegian Ministry of Finance laid down regulations
resulting in changes in the accounting standards IAS 39 and IFRS 7 established
by the IASB and approved by the EU. The...
Charge from Okokrim
October 23, 2008 08:43 ET
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DnB NOR Bank ASA
Okokrim (the Norwegian National Authority for Investigation and Prosecution of
Economic and Environmental Crime) has charged DnB NOR Bank ASA and two persons
employed in the investment firm DnB NOR...
Unutilised holdings of eligible covered bonds
October 14, 2008 03:36 ET
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DnB NOR Bank ASA
Reference is made to the Ministry of Finance's press release regarding new
measures to improve banks' liquidity and long-term funding opportunities. In
this connection, DnB NOR states that the Group...