DNB ASA

DNB ASA
Native name
DNB Bank ASA
Company typeAllmennaksjeselskap
OSE: DNB
IndustryFinancial services
Founded1822; 202 years ago (1822)
HeadquartersOslo, Norway
Area served
Northern-Europe
Key people
Kjerstin Braathen (CEO), Olaug Svarva (Chairman)
ProductsBanking and insurance
RevenueIncreaseNOK 53.993 billion (2015)[1]
IncreaseNOK 24.762 billion (2015)[1]
Total assetsIncreaseNOK 2.599 trillion (end 2015)[1]
Total equityIncreaseNOK 190.078 billion (end 2015)[1]
OwnerNorwegian government (34 %)
Sparebankstiftelsen DNB (9 %) As of June 2016[2]
Number of employees
11,047 (average, 2015)[1]
SubsidiariesCresco
Websitewww.dnb.no

DNB ASA (formerly DnB NOR ASA) is Norway's largest financial services group, with total combined assets of more than NOK 1.9 trillion and a market capitalisation NOK 164 billion as of 20 May 2016. DNB's head office is located in Oslo.

The two largest owners of DNB are the Norwegian Ministry of Trade and Industry (34.0%) and Sparebankstiftelsen DNB (10.0%). The latter was created as a foundation with the sole purpose of owning a part of the company. It was created when Gjensidige NOR was made a public limited company to ensure that the company's customers retained partial ownership of the company. The foundation can also give up to 25% of its received dividend as gifts to charity.

  1. ^ a b c d e "Annual Results 2015" (PDF). DNB. Retrieved 4 April 2016.
  2. ^ "Shareholders - DNB". www.dnb.no. Retrieved 2016-12-27.