DNB ASA (formerly DnB NOR ASA) is Norway’s largest financial services group with total combined assets of more than NOK 1.9 trillion and a market capitalisation NOK 164 billion as per 20 May 2016. DNB’s head office is located in Oslo.
The two largest owners of DNB are the Norwegian Ministry of Trade and Industry (34.0%) and Sparebankstiftelsen DnB NOR (10.0%). The latter was created as a foundation with the sole purpose of owning part of the company.
It was created when Gjensidige NOR was made a public limited company to ensure that the companies’ customers retained partial ownership of the company. The foundation also can give up to 25% of its received dividend as gifts to charity.
Traded as: OSE: DNB
Industry: Financial services
Founded: 1822
Headquarters: Oslo, Norway
Products: Banking and insurance
Owner: Norwegian government (34 %), DNB Savings Bank Foundation (9 %) As of June 2016
Subsidiaries: Cresco
Website: www.dnb.no