Stock and press releases

DNB's Annual General Meeting was held on 30 June 2020. The Annual General Meeting was held digitally as a result of the measures introduced due to the COVID-19 outbreak.

All items on the agenda were adopted as proposed, cf. the notice published on 8 June 2020, including the following:

The Annual General Meeting gave the Board of Directors authorisation to raise subordinated loans and other debt capital, cf. section 11-2 of the Financial Institutions Act, for a total value of up to NOK 20 billion, or the equivalent in foreign currency. 

The minutes from the Annual General Meeting are attached.

Company information

The information is subject to the disclosure requirements set out in section 5-12 of the Norwegian Securities Trading Act. This email was sent by DNB.

Visit our website dnb.no for more information.

Contact information

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:
Thomas Midteide, Group Executive Vice President, Communications, tel.: (+47) 96 23 20 17

DNB will publish its results for the second quarter of 2020 on Monday 13 July at 7.30 am CET.

9:30 am CET: Presentation
CEO Kjerstin Braathen and CFO Ottar Ertzeid present the results at a live streamed press conference. A broadcast will be available on the Investor Relations pages at ir.dnb.no.

1:30 pm CET: Conference call for analysts and investors
Call in details:
From Norway: +47 21 56 33 19
From other countries: +44 (0) 20 3003 2701
Conference ID: 9352011#                     

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

Shareholders in DNB ASA are invited to attend the Annual General Meeting (AGM) to be held on Tuesday 30 June 2020 at 15:00. Due to the corona situation, the Annual General Meeting will be held digitally, using electronic voting.

Agenda: approval of the 2019 annual accounts and directors' report, reduction in capital as a result of the repurchase of shares, election of members of the Board of Directors and the Election Committee as well as the approval of remuneration rates for members of these bodies.

The notice of the Annual General Meeting is attached.Company information
This information is subject to the disclosure requirements according to section 5-12 of the Norwegian Securities Trading Act. 

This email was sent to you by DNB. Visit our website dnb.no (https://www.dnb.no/en/about-us/annual-general-meeting.html?la=EN&site=DNB_NO) for more information.

Contact information
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: Thomas Midteide, Group Executive Vice President, Communications, tel.: (+47) 96 23 20 17

Shareholders in DNB ASA are invited to attend the Annual General Meeting (AGM) to be held on Tuesday 30 June 2020 at 15:00. Due to the corona situation, the Annual General Meeting will be held digitally, using electronic voting.

Agenda: approval of the 2019 annual accounts and directors' report, reduction in capital as a result of the repurchase of shares, election of members of the Board of Directors and the Election Committee as well as the approval of remuneration rates for members of these bodies.

The notice of the Annual General Meeting is attached.

Company information

This information is subject to the disclosure requirements according to section 5-12 of the Norwegian Securities Trading Act. This email was sent to you by DNB. 

Visit our website dnb.no for more information.

Contact information

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:
Thomas Midteide, Group Executive Vice President, Communications, tel.: (+47) 96 23 20 17

On 4 March 2020, the Board of Directors of DNB ASA decided to offer employees in DNB ASA shares with a discount of 20 % (up to NOK 14,500 per employee).

The shares were allotted today, 20 May 2020, at a gross price of NOK 117.5414 per share.

Attached is a list of the primary insiders that availed themselves of the offer.

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

DNB has today decided to reduce the home mortgage interest rate by up to 0,4 percentage points.  

-The price of money has fallen over the past weeks, as a result of market developments and the uncertainty around the Norwegian economy. As Norway's largest bank, we must be a safe and predictable partner for our customers and offer competitive prices. We are therefore lowering the interest rate for home mortgages by up to 0,4 percentage points for new and existing customers, says Ingjerd Blekeli Spiten, head of Personal Banking in DNB.  

-DNB is one of the most solid banks in Europe, and we play an important role in society by helping to keep the wheels of the Norwegian economy turning. Over the last eight weeks we've helped thousands of customers with everything from interest-only periods to bridging loans, and we'll continue to do so. The bank is still open like before, and the corona situation has not made it more difficult for Norwegian consumers to get a loan in DNB, she continues.   

The interest rate change for existing home mortgages comes into effect from 25 May. Our new rates will apply to new mortgages from 11 May. All customers whose interest rates are adjusted will be given information in the Internet bank or receive a letter by regular mail, explaining how their mortgage is affected.