Stock and press releases

DNB's stock and press releases

2023

Invitation to DNB's second quarter presentation, Wednesday, 12 July 2023

Invitation to DNB's second quarter presentation, Wednesday, 12 July 2023

DNB will publish its results for the second quarter of 2023 on Wednesday, 12 July 2023 at 7.30 CET.

9:30 CET: Presentation

CEO Kjerstin Braathen and CFO Ida Lerner present the results at a live streamed presentation. It will be possible to ask questions online and a broadcast will be avaliable on the Investor Relations pages at ir.dnb.no. It will also be possible to physically attend the presentation at DNB's head office in Bjørvika, Dronning Eufemias gate 30. Please register your attendance in Oslo, at [email protected].

13:30 CET: Conference call for analysts and investors

Call inn details: Norway +47 21 56 33 18, UK Wide +44 (0) 33 0551 0200, US +1 786 697 3501. Password: DNB Q2. Please join the call 5 minutes early to allow the operator to transfer you into the call by the scheduled start time.

The conference call (listen-only mode) and a recording of this will be avaliable on the Investor Relations pages at ir.dnb.no.

For further information, please contact:
Investor contact: Rune Helland, Head of Investor Relations, tel.: (+47) 23 26 84 00 / (+47) 97 71 32 50
Media contact: Kari Vartdal Riise, Executive Vice President of Communications (acting), tel.: (+47) 97 51 67 07

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

DNB increases interest rates on home mortgages and deposits

DNB increases interest rates on home mortgages and deposits

"On the basis of Norges Banks's decision at the monetary policy meeting on 22 June to raise the key policy rate by 0.50 percentage points, DNB has decided to increase the interest rate on home mortgages and deposits by up to 0.50 percentage points," says Ingjerd Blekeli Spiten, head of Personal Banking in DNB.

In DNB, we want to help young people enter the housing market, and customers who are buying their first home will therefore be given our best floating interest rate of 4.84 per cent. We have also strengthened our advisory services targeting this customer group.

All customers whose interest rates are adjusted will be given information in the online bank or recieve a letter by post, explaining how this will affect them. The new interest rates will apply from 27 June for new mortgages and deposits, and from 7 August for existing mortgages and deposits.

For further information:

Rune Helland, Head of Investor Relations, tel.: (+47) 23 26 84 00 / (+47) 97 71 32 50

Kari Vartdal Riise, Executive Vice President of Communications (acting), tel.: (+47) 97 51 67 07

Trade subject to notification

Trade subject to notification

On 8 February 2023, the Board of Directors of DNB Bank ASA decided to offer employees in DNB Bank ASA shares with a discount of up to 25 % (up to NOK 14,500 per employee).

The shares were allotted today, 16 May 2023, at a gross price of NOK 185.2821 per share.

Please see attachment for further details regarding the primary insiders that made use of the offer.

This information is subject of the disclosure requirements pursuant to MAR article 19 and section 5-12 of the Norwegian Securities Trading Act.

DNB increases interest rates on home mortgages and deposits

DNB increases interest rates on home mortgages and deposits

“On the basis of Norges Bank's decision at the monetary policy meeting on 4 May to raise the key policy rate by 0.25 percentage points, DNB has decided to increase the interest rate on home mortgages and deposits by up to 0.25 percentage points," says Ingjerd Blekeli Spiten, head of Personal Banking in DNB.  

In DNB, we want to help young people enter the housing market, therefore customers who are buying their first home will be given our best floating interest rate of 4.34 per cent. We have also strengthened our advisory services targeting this customer group. 

All customers whose interest rates are adjusted will be given information in the online bank or receive a letter by post, explaining how they will be affected. The new interest rates will apply from 12 May for new mortgages and from 11 May for new deposits, and from 22 June for existing mortgages and deposits.   

For further information:  

Rune Helland, Head of Investor Relations, tel.: (+47) 23 26 84 00 / (+47) 97 71 32 50 

Vibeke Hansen Lewin, Executive Vice President Communications tel.: (+47) 99 01 33 49 

Trade subject to notification for primary insiders

Trade subject to notification for primary insiders

Alexander Opstad, Group Executive Vice President in DNB Bank ASA, has on 5 May 2022 transferred 12 000 shares in DNB Bank ASA at a share price of NOK 184,70 to Chaos Capital AS, which is a wholly owned investment company of Opstad. The shareholding of Alexander Opstad, including close associates, is unchanged at 56 662 shares after the transfer.

See attachment for further details.

This information is subject to the disclosure requirements according to MAR article 19 and section 5-12 of the Norwegian Securities Trading Act.

DNB Bank ASA - Completion of the merger with Sbanken and transfer of debtor positions under existing bonds

DNB Bank ASA - Completion of the merger with Sbanken and transfer of debtor positions under existing bonds

Reference is made to the previous stock exchange notices published by DNB Bank ASA (“DNB”) with respect to the merger with DNBs wholly owned subsidiary Sbanken ASA (“Sbanken”), including the stock exchange notice dated 10 November 2022, where DNB announced that the Board of Directors of both DNB and Sbanken have approved the merger plan.

The merger has today been registered in the Norwegian Registry of Business Enterprises and is, consequently, effective in accordance with section 13-17, cf. section 13-24 of the Norwegian Public Limited Companies Act.  DNB has assumed all assets, rights and obligations of Sbanken, and Sbanken has simultaneously been dissolved.

The merger has been executed without merger consideration and DNB's share capital remains unaffected.

With effect from today, 2 May 2023, DNB will assume the position as debtor under the following bonds previously issued by Sbanken:

ISIN Ticker Name
NO0011203598 SBANK30 PRO Sbanken ASA 22/32 FRN C SUB
NO0011204125 SBANK31 PRO Sbanken ASA 22/PERP FRN C HYBRID
NO0011087595 SBANK29 PRO Sbanken ASA 21/27 ADJ C
NO0011087587 SBANK28 PRO Sbanken ASA 21/25 FRN C
NO0010920762 SBANK27 PRO Sbanken ASA 21/24 FRN
NO0010895519 SBANK26 PRO Sbanken ASA 20/24 FRN
NO0010891914 SBANK25 PRO Sbanken ASA 20/PERP FRN C HYBRID
NO0010891922 SBANK24 PRO Sbanken ASA 20/30 FRN C SUB
NO0010886757 SBANK23 PRO Sbanken ASA 20/23 FRN
NO0010885205 SBANK22 PRO Sbanken ASA 20/PERP FRN STEP C HYBRID
NO0010885197 SBANK21 PRO Sbanken ASA 20/30 FRN C SUB
NO0010871494 SBANK19 PRO Sbanken ASA 19/PERP FRN C HYBRID
NO0010871502 SBANK18 PRO Sbanken ASA 19/29 FRN C SUB
NO0010847213 SBANK16 PRO Sbanken ASA 19/PERP FRN C HYBRID
NO0010847205 SBANK15 PRO Sbanken ASA 19/29 FRN C SUB

The ticker on the bonds listed above will be amended from SBANK to DNBA.

For further information, please contact:

Rune Helland, Head of Investor Relations, tel.: (+47) 23 26 84 00 / (+47) 97 71 32 50

The information in this statement is subject to the disclosure requirements pursuant to Oslo Stock Exchange’s continuing obligations.