DNB to Recognize NOK1.06 Billion Positive Effect From Basis Swaps in 1Q
April 08 2020 - 3:31AM
Dow Jones News
By Dominic Chopping
Norway's largest lender, DNB ASA, said Wednesday that it will
recognize a positive effect of 1.06 billion Norwegian kroner ($103
million) from basis swaps connected to funding in the first quarter
of 2020.
It will also recognize a positive effect of NOK4.1 billion from
additional tier 1 capital, it said.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
April 08, 2020 03:16 ET (07:16 GMT)
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