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

Q1 2023 DNB Bank ASA Pre-close Call Transcript

Mar 30, 2023 / 01:00PM GMT
Release Date Price: $18.16 (+2.97%)
Unidentified Company Representative

Hello, everyone, and welcome to the DNB's pre-close call for the first quarter in 2023. And thank you all for participating. First of all, I would like to tell you again the objective of this call is to remind you of what we have communicated that might have an effect on the first quarter results. We will also give you some public available statistics and expectations from Norges Bank. I will go through the NII and the capital, and then Ida will go through the rest of P&L.

Before I start on the NII, I would just like to remind you of what we have communicated around DNB and the situation in the banking industry that we have been developed over the last 2, 3 weeks. First of all, DNB Bank has no call to maturity portfolio. DNB bank bond portfolio, our market to market and no material interest rate risk, fixed trade bonds are hedged through derivatives. We have also said in the fourth quarter that we have a diversified deposit base, and we had a stable development in volume in the fourth quarter. Okay. Over to the NII. First of all, I remind you that there are 2 days

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