By Dominic Chopping


Norway's largest lender DNB Bank ASA said Tuesday that it will recognize a positive mark-to-market effect of 369 million Norwegian kroner ($34.6 million) from basis swaps connected to funding in the third quarter of 2022.

DNB will also recognize a positive effect of NOK783 million from the USD additional Tier 1 Capital, it said.


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(END) Dow Jones Newswires

October 04, 2022 08:25 ET (12:25 GMT)

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