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DNB on Oslo Stock Exchange

DNB Bank

Logo: DNB Bank ASA, Public domain, via Wikimedia Commons4

Largest bank in Norway

DNB Bank ASA (formerly DnB NOR ASA) is Norway's largest financial services group, with total combined assets of more than NOK 3.6 trillion and a market capitalisation NOK 400 billion as of 2024. DNB's head office is located in Oslo. The two largest owners of DNB are the Royal Norwegian Ministry of Trade, Industry and Fisheries (34.0%) and Sparebankstiftelsen DNB (10.0%).2 Its chief executive is Kjerstin Braathen (since 2019).1 It employed 9,020 people in 2019.1 Its revenue was NOK 54.9 billion in 2019.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

Sep 10, 2002Founded1

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  • TickerDNB on Oslo Stock Exchange1
  • Industryfinancial services1
  • HeadquartersOslo1
  • Websitewww.dnb.no
  • Legal formallmennaksjeselskap1
  • LEI549300GKFG0RYRRQ14143
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressDronning Eufemias gate 30, 0191 Oslo, Norway3
  • Registered withThe Brønnøysund Register Centre, 984 851 0063

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DNB Solheimsviken
Photo: Løken, CC BY-SA 3.0, via Wikimedia Commons7

DNB Bank ASA (formerly DnB NOR ASA) is Norway's largest financial services group, with total combined assets of more than NOK 3.6 trillion and a market capitalisation NOK 400 billion as of 2024. DNB's head office is located in Oslo.2

Corporate structure

DNB Bank sits at the top of its group. 17 entities, 5 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • DNB Bank Oslo, Norway
    • DNB Livsforsikring Bergen, Norway
    • DnB NORD København S, Denmark
    • Cresco Subsidiary · Trondheim
    • DNB Real Estate Subsidiary · Oslo, Norway
    • Eksportfinans Subsidiary · Oslo, Norway
      • DNB Auto Finance Oy Subsidiary · 100% · Helsinki, Finland
    • Nordlandsbanken Subsidiary · Bodø
    • Vipps Mobilepay Stake · 45.06% · Oslo, Norway
      • Vipps MobilePay AS, Suomen sivuliike Branch · Oslo, Norway
      • Vipps MobilePay, filial af Vipps MobilePay AS, Norge Branch · Oslo, Norway
    • NILLE HOLDING AS Subsidiary · 92% · Trollåsen, Norway
    • DNB BOLIGKREDITT AS Subsidiary · Oslo, Norway
    • DNB CAPITAL LLC Subsidiary · New York, New York, United States
    • DNB CARNEGIE, INC. Subsidiary · New York, New York, United States
    • DNB Luxembourg S.A. Subsidiary · Luxembourg, Luxembourg
    • DNB VENTURES AS Subsidiary · Oslo, Norway
    • Sørlandssenteret Owned · Kristiansand Municipality, Norway

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

What it owns

What DNB Bank reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

The story

The history of the group goes back to 1822, with the establishment of Christiania Sparebank. The present corporation consists of mergers between Christiania Sparebank (1822), Gjensidige (1847), Bergens Privatbank (1855), Den norske Creditbank (1857), Fellesbanken (1920), Bergens Kreditbank (1928), Postbanken, Vital and Nordlandsbanken. The name DnB NOR was adopted in 2003, when the two banks Den norske Bank (DnB) and Gjensidige NOR were merged. The company changed its legal name and brand to DNB in November 2011.

In August 2017, DNB and Nordea combined their operations in Estonia, Latvia, and Lithuania to create Luminor Bank.

In October 2024, DNB agreed to buy Carnegie, a Swedish investment bank and asset manager, for $1.14 billion in an all-cash acquisition.

From Wikipedia’s article on DNB Bank, shared under CC BY-SA 4.0.5

Leadership

Who has led DNB Bank, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Rune Bjerke2007–2019
  2. Kjerstin Braathen2019–now
20052010201520202025

Products and brands

  • bank

Listed on Wikidata.1

The DNB Bank Group is the largest entity in the DNB Group and Norway's largest bank, offering services to the corporate, retail, and securities markets and the public sector. Domestically, the group has an investment bank, DNB Markets, the finance company Cresco, the real estate agency DNB Eiendom and DNB Asset Management, which operates as a fund manager for institutional clients in Norway and Sweden. DNB has the largest customer base in the Norwegian financial market. In Norway, DNB has more than 2.3 million retail customers and more than 200,000 corporate clients, with 61 branch offices.

The group's activities are primarily focused on Norway; however, it is one of the world's foremost shipping banks and a major international player in the energy sector. It has an international network of 27 branches and representative offices, including Helsinki (Finland), Copenhagen (Denmark), Hamburg (Germany), Luxembourg, London (United Kingdom), New York (United States), Houston (United States), Rio de Janeiro (Brazil), Santiago (Chile), Shanghai (China) and Singapore. The company also has multiple offices in Sweden.

In Denmark, Finland, Poland, Estonia, Latvia and Lithuania DNB used to market itself as DnB NORD in what was initially a joint venture with the German bank Norddeutsche Landesbank with DNB owning a full stake since December 23, 2010. On November 11, 2011, the bank was rebranded and adopted the common DNB brand throughout these countries. In these countries, DNB has 930,000 customers and 163 branch offices.

From Wikipedia’s article on DNB Bank, shared under CC BY-SA 4.0.5

Subsidiaries and ownership

Owners

Subsidiaries

Also owns

Subsidiaries (GLEIF)

From Wikidata.1 Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record.

Acquisitions

  1. Succeeded Den norske Bank1
  2. Succeeded Gjensidige NOR1

Employees over time

  • 20199,0201

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

  • 201954.9B NOK1

Net income

  • 201925.7B NOK1

Timeline

  1. 2019New chief executive Kjerstin Braathen becomes CEO1
  2. Nov 11, 2011Renamed Name changed to DNB Bank ASA1
  3. 2007New chief executive Rune Bjerke becomes CEO1
  4. Sep 10, 2002Founded Founded1
  5. Aug 17, 1992Went public Listed on Oslo Stock Exchange1

Sources

The numbers on this page point here. Each one links to the record it came from.

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