trending Market Intelligence /marketintelligence/en/news-insights/trending/rwEQ-R68qihCkJm412G6tw2 content esgSubNav
In This List

Norway's DNB to take 1B kroner provision in Q3

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook

Blog

Banking Essentials Newsletter 2021: December Edition


Norway's DNB to take 1B kroner provision in Q3

DNB ASA expects to take a loan loss provision in the third quarter of roughly 1 billion Norwegian kroner.

Without specifying, the Oslo-based lender noted the provision is related to "one specific loan engagement."

The group is slated to release its third-quarter statement Oct. 24.

As of Sept. 23, US$1 was equivalent to 9.06 Norwegian kroner.