During week 7 2020, DNB ASA has purchased 1 212 000 own shares at an average price of NOK 174.32 per share. After this, DNB ASA owns a total of 12 546 000 own shares.

The repurchase of shares is part of the share buy-back programme announced by DNB ASA on 24 October 2019, as subsequently amended by an announcement on 20 November, 12 December 2019 and 6 February 2020. The share buy-back programme comprises up to approximately 31.6 million shares, of which up to approximately 20.9 million shares may be repurchased in the open market. The rest will be redeemed from the state of Norway on a proportionate basis, subject to approval from DNB ASA's annual general meeting in 2020, so that its current ownership interest of 34.00% will remain unaffected following completion of the buy-back programme.

For further information about the share buy-back programme, DNB ASA refers to the Oslo Stock Exchange notifications made on 24 October, 20 November, 12 December 2019 and 6 February 2020 (available from www.newsweb.no).

This information is subject to the disclosure requirements according to Section 5-12 of the Norwegian Securities Trading Act.

During week 8 2020, DNB ASA has purchased 970 000 own shares at an average price of NOK 175.78 per share. After this, DNB ASA owns a total of 13 516 000 own shares.

The repurchase of shares is part of the share buy-back programme announced by DNB ASA on 24 October 2019, as subsequently amended by an announcement on 20 November, 12 December 2019 and 6 February 2020. The share buy-back programme comprises up to approximately 31.6 million shares, of which up to approximately 20.9 million shares may be repurchased in the open market. The rest will be redeemed from the state of Norway on a proportionate basis, subject to approval from DNB ASA's annual general meeting in 2020, so that its current ownership interest of 34.00% will remain unaffected following completion of the buy-back programme.

For further information about the share buy-back programme, DNB ASA refers to the Oslo Stock Exchange notifications made on 24 October, 20 November, 12 December 2019 and 6 February 2020 (available from www.newsweb.no).

This information is subject to the disclosure requirements according to Section 5-12 of the Norwegian Securities Trading Act.

During week 9 2020, DNB ASA has purchased 1 904 000 own shares at an average price of NOK 165.65 per share. After this, DNB ASA owns a total of 15 420 000 own shares.

The repurchase of shares is part of the share buy-back programme announced by DNB ASA on 24 October 2019, as subsequently amended by an announcement on 20 November, 12 December 2019 and 6 February 2020. The share buy-back programme comprises up to approximately 31.6 million shares, of which up to approximately 20.9 million shares may be repurchased in the open market. The rest will be redeemed from the state of Norway on a proportionate basis, subject to approval from DNB ASA's annual general meeting in 2020, so that its current ownership interest of 34.00% will remain unaffected following completion of the buy-back programme.

For further information about the share buy-back programme, DNB ASA refers to the Oslo Stock Exchange notifications made on 24 October, 20 November, 12 December 2019 and 6 February 2020 (available from www.newsweb.no).

This information is subject to the disclosure requirements according to Section 5-12 of the Norwegian Securities Trading Act.

The DNB Group's annual report including Sustainability report, and Pillar 3 report for 2019 are published today, 5 March 2020, on DNB's website ir.dnb.no.

During week 10 2020, DNB ASA has purchased 2 412 000 own shares at an average price of NOK 154.62 per share. After this, DNB ASA owns a total of 17 832 000 own shares.

The repurchase of shares is part of the share buy-back programme announced by DNB ASA on 24 October 2019, as subsequently amended by an announcement on 20 November, 12 December 2019 and 6 February 2020. The share buy-back programme comprises up to approximately 31.6 million shares, of which up to approximately 20.9 million shares may be repurchased in the open market. The rest will be redeemed from the state of Norway on a proportionate basis, subject to approval from DNB ASA's annual general meeting in 2020, so that its current ownership interest of 34.00% will remain unaffected following completion of the buy-back programme.

For further information about the share buy-back programme, DNB ASA refers to the Oslo Stock Exchange notifications made on 24 October, 20 November, 12 December 2019 and 6 February 2020 (available from www.newsweb.no).

This information is subject to the disclosure requirements according to Section 5-12 of the Norwegian Securities Trading Act.

DNB ASA has ended its share buy-back programme as we prepare for the upcoming annual general meeting. The programme was announced on 24 October 2019, and subsequently amended by an announcement on 20 November 2019, 12 December 2019 and 6 February 2020. A total of 19.8 million shares were repurchased in the open market, in addition a total of 10.2 million shares will be redeemed from the state of Norway, subject to approval from DNB ASA's annual general meeting in 2020, so that its ownership interest in DNB ASA of 34.00 % will remain unaffected following completion of the buy-back programme. The weighted average purchase/redemption price for the 19.8 million shares is NOK 159.70.

After this, DNB ASA owns a total of 19 758 000 own shares.

The 29 936 364 shares comprised by the share buy-back programme will be cancelled subject to approval by the annual general meeting in 2020, whereby the total number of DNB ASA's registered shares will be reduced by 1.89% from today's 1 580 301 385.

For further information about the share buy-back programme, DNB ASA refers to the Oslo Stock Exchange notification made on 20 October, 20 November, 12 December 2019 and 6 February 2020 (available from www.newsweb.no).  

 «We are lowering the interest rate on home mortgages by up to 0.35 percentage points for new and existing customers. There is now a great deal of uncertainty in the market. This means that the banks are still paying a higher price for their loans in the market than they did a few days ago, in spite of the interest rate cut from the central bank," says Ingjerd Blekeli Spiten, head of Personal Banking in DNB.

"Our main concern is to offer competitive prices and provide customers across the country with sound advice. We have also today made it easier for customers in a demanding situation to be granted an interest-only period, for example if they are temporarily laid off," she adds.

Green home mortgages will have our best indicative interest rate of 2.54 per cent.

For existing customers, the change will take effect from 1 May 2020. Our new prices will apply from Tuesday 17 March. All customers whose interest rates will change, will be informed in the Internet bank or by mail about how this affects their loan.

"We are lowering the interest rates on loans and overdraft facilities for both new and existing corporate customers with floating interest rates by up to 0.35 percentage points. There is now a great deal of uncertainty in the market.  This means that the banks are still paying a higher price for their loans in the market than they did a few days ago, in spite of the interest rate cut from the central bank," says Harald Serck-Hanssen, head of Corporate Banking in DNB.

"Many of our customers are now facing a difficult situation, and we want to help keep the wheels turning for viable businesses. If necessary, we can make individual assessments, and in addition to providing good advice and helpful tips, we can consider other options such as temporary interest-only periods and short-term credits," says Serck-Hanssen. 

For existing customers, the interest rate adjustments will become effective as of 13 April 2020. Our new prices will apply from Tuesday 17 March. All customers whose interest rates will be adjusted, will be given information in the Internet bank or receive a letter by regular mail, explaining how their mortgage will be affected.

In light of DNB's scheduled participation at tomorrow's Morgan Stanley European Financials Conference and our ambition to offer all investors and analyst equal treatment, we will make ourselves available for a conference call Tuesday 17 March at 17:00 CET. CFO Ottar Ertzeid and CRO Ida Lerner will be available for a Q&A session (maximum two questions per participant).

To attend the conference call, please register here.

For further information, please contact:

Rune Helland, head of Investor Relations, tel. (+47) 23 26 84 00 / (+47) 977 13 250

This information is subject to the disclosure requirements according to Section 5-12 of the Norwegian Securities Trading Act.