DNB Bank ASA (OTCPK:DNBBF)

$ 20.044 -0.316 (-1.55%) Market Cap: 29.37 Bil Enterprise Value: 65.58 Bil PE Ratio: 7.97 PB Ratio: 1.21 GF Score: 73/100

Q2 2021 DNB Bank ASA Earnings Call Transcript

Jul 13, 2021 / 11:30AM GMT

Release Date Price: $21.75

Transcript

Operator

Hello, and welcome to the DNB Q2 2021 Conference Call. My name is Jazz, and I'll be your coordinator for today's event. (Operator Instructions) I will now hand you over to your host, Rune Helland, Head of Investor Relations, to begin today's call. Thank you.

Rune Helland

DNB ASA - Head of IR

Thank you, and hello, everyone, and welcome to DNB's second quarter analyst call. Here in Oslo, we are pleased to have Alexander Opstad, which is the Head of DNB Markets; Ingjerd Blekeli Spiten, Head of Personal Customers; Harald Serck-Hanssen, Head of Corporate Banking; and of course, the CEO, Kjerstin Braathen; CFO, Ottar Ertzeid.

Before we kick off the Q&A, Ottar will give you the highlights from the quarter. So please, Ottar?

Ottar Ertzeid

DNB ASA - Group CFO

Thank you, Rune. It has been a quarter with strong pickup in activity in certain areas and continued high activity in others. This reflects the fact that the Norwegian economy is doing well and even better than previously forecasted. This is reflected in

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