Strong Norwegian Economy
The Norwegian economy is robust with GDP growth expected at 1.3% this year and 1.5% next year. Unemployment remains low at around 2%.
Profitable Loan Growth
DNB experienced profitable loan growth in all customer segments with strong contributions from capital-light income.
Strong Capital Position
DNB maintains a core equity Tier 1 capital ratio of 18.3%, which is 180 basis points above the regulatory expectation.
Return on Equity
DNB achieved a return on equity of 15.4%, surpassing the long-term ambition of being above 14%.
Positive Fee Income Growth
DNB maintains guidance on growth in fee and commission income by 9% annually, with strong contributions from investment banking and asset management.
Successful Carnegie Integration
The Carnegie integration shows strong momentum with limited turnover and positive business momentum in capital markets.