- CEO
- Kjerstin Braathen
- Full Time Employees
- 11,412
- Sector
- Financial Services
- Industry
- Banks
- Address
- Dronning Eufemias gate 30 Oslo PS Norway 0191
- IPO Date
- Aug 15, 2024
- Business
- DNB Bank ASA DNB Bank ASA operates as Norway's largest financial services group, providing a comprehensive range of banking products and services to retail, corporate, securities, and public sector clients; these include savings accounts, current accounts, currency accounts, client accounts, tax withholding accounts, and pension accounts; fixed-rate and security deposits; home and cabin mortgages; consumer loans such as credit cards and unsecured debt; secured mortgages; asset financing for cars, boats, construction machinery, equipment, and transport via rental, loans, leasing, and car management; payment services, clearing, trading, guarantees, trade finance, and investment banking; advisory services; insurance; pension products; and mutual funds through subsidiaries like DNB Asset Management. The bank maintains a leading position in shipping finance, energy sector lending, fisheries, and aquaculture, with operations spanning Norway as its primary market, Sweden, and an international network of 27 branches and offices in 17 countries including Finland, Denmark, Germany, Luxembourg, the United Kingdom, the United States, Brazil, Chile, China, and Singapore. Headquartered in Oslo at Dronning Eufemias Gate 30, DNB Bank ASA traces its origins to 1822 through mergers of institutions such as Christiania Sparebank, Gjensidige, and Den norske Creditbank, and rebranded from DnB NOR ASA in 2011. Recent developments include the completion of its acquisition of Carnegie Holding AB in March 2025 for approximately SEK 12 billion, forming DNB Carnegie to enhance Nordic wealth management, investment banking, and asset management capabilities; an expanded strategic collaboration with Infosys in May 2025 to modernize IT infrastructure using the Infosys Finacle platform, AI, and machine learning for improved resilience, agile lending, and customer experiences; and ongoing share buyback programs, including up to 1.0 percent of its own shares as announced in recent updates.