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DnB NORD

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DNB A/S
Company typeJoint venture
IndustryBanking
Founded2006
HeadquartersCopenhagen, Denmark
Key people
Rune Bjerke (CEO)
Revenue 44.1 million (2005)
14.1 million (2005)
13.4 million (2005)
Number of employees
3,400 (end 2008)
ParentDNB
Websitehttps://www.dnb.no

DNB A/S The Bank’s head office is located in Copenhagen, while the Bank has operations in Estonia, Latvia, Lithuania. The latter three operate as subsidiaries of the bank. Bank DnB NORD Group has approx. 3,100 employees, 930,000 customers and a consolidated balance sheet of approx. EUR 10.0 billion.

DNB Banka

DNB Banka is one of Latvia's leading universal banks in terms of assets, deposits and loan portfolio size, providing its customers - both private individuals and legal entities - with competitive financial products and services and a high level of service through its extensive branch network. The shareholder of DNB Banka is DNB - the leading financial group in Norway and a significant participant in the Scandinavian financial market. The Norwegian government holds 34% of DnB NOR shares. DNB is a market leader in the area of loans and deposits, funding, asset management, life insurance and pension funds, payments and financial services, real estate transactions as well as all services related the capital market of Norway.

Shareholders

50% of the bank shares are owned by DNB Bank ASA. About 34% of the shares are owned by the Norwegian government.[1]

References