Former Lyse CEO Nominated as New Chairman of DNB
Eimund Nygaard, former CEO of Lyse, is nominated to be the new chairman of DNB at the upcoming general assembly in April.
DNB earned 54 billion last year
DNB reported a profit of 54 billion NOK last year, with an increase in dividends to 26.6 billion NOK and strong growth in corporate lending despite geopolitical challenges.
DNB earned 13.3 billion kroner before tax in the fourth quarter
Norwegian bank DNB reported a pre-tax profit of 13.3 billion kroner in the fourth quarter, an increase of 8.7 percent from the previous quarter, indicating strong economic activity despite geopolitical tensions.
Expecting Housing Price Growth: – Good Activity in Major Cities
The housing market has started the year with high activity and pressured prices in several major cities as per DNB Eiendom, which anticipates price increases in January but not as significant as last year's 4.4 percent surge.