DNB ASA Overview
Pro stress-test →DNB ASA is Norway's largest financial services group, with total combined assets of more than NOK 3.6 trillion and a market capitalisation NOK 400 billion as of 2024. The Group's product offering includes savings, loans, advisory services, insurance and pension products for both retail and corporate customers.
Strategic Profile
Pro stress-test →The group's activities are primarily focused on Norway; however, it is one of the world's foremost shipping banks and a major international player in the energy sector. The Bank operates in 19 countries and has a significant presence in shipping. In October 2024, DNB agreed to buy Carnegie, a Swedish investment bank and asset manager, for $1.14 billion in an all-cash acquisition.
Competitive Landscape
Pro stress-test →DNB competes with other Nordic and European banks including Nordea and Swedbank in retail/corporate banking, while maintaining unique positioning as a world-leading shipping bank. DNB has the largest customer base in the Norwegian financial market.
Industry Context
DNB ASA operates in Banking & Financial Services.
Key facts
Founded: 1822 · Headquarters: Oslo, Norway · Employees: 10,829 · Market cap: NOK 400B