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DnB NOR asa
Type	Public (OSE: DNBNOR)
Founded	1822
Headquarters	Oslo, Norway
Key people	Rune Bjerke, CEO Olav Hytta, Chairman
Industry	Finance and Insurance
Products	Financial Services
Revenue	28.4 billion NOK (2006) [1]
Employees	11,824
Website	www.dnbnor.com

DnB NOR (OSE: DNBNOR) is Norway's largest financial services group with total assets of more than NOK 1.8 trillion. The Group includes brands such as DnB NOR, Vital, Nordlandsbanken, Cresco, Postbanken, DnB NORD and Carlson. DnB NOR's head office is located in Oslo.

The two largest owners of DnB NOR are the Norwegian Ministry of Trade and Industry (34.0%) and Sparebankstiftelsen DnB NOR (10.95%). 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 insure 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.

In Norway DnB NOR Bank has bank offices throughout the country. Though both Postbanken and Nordlandsbanken are part of the company, they retain their own brands and offices. Postbanken offers its services through the post offices while Nordlandsbanken has its offices exclusively in the county of Nordland.

The DnB NOR Bank Group is the largest enitity in the DnB NOR Group and Norway's largest bank, offering services to the corporate, retail and securities markets and the public sector. Domestically, the group has an investment bank DnB NOR Markets, the finance company Cresco,the insurance company Vital who is a provider of life insurance products and pension savings, the real estate agency DnB NOR Eiendom and DnB NOR Asset Management, who operates as a fund manager for institutional clients in Norway and Sweden.

The group's activities are primarily focused on Norway; however, it is one of the world's foremost shipping banks and a major international player in the energy sector. It has an international network of 13 branches and representative offices, including Helsinki (Finland), Copenhagen (Denmark), Hamburg (Germany), Luxemburg, London (United Kingdom), New York (United States), Shanghai (China) and Singapore. The company also has multiple offices in Sweden.

In Denmark, Finland, Poland, Estonia, Latvia and Lithuania DnB NOR markets itself as DnB NORD in a joint venture with the German bank Norddeutsche Landesbank with DnB NOR owning 51%.

The history of the group goes back to 1822 with the establishment of Christiania Sparebank. The present corporation consists of mergers between Christiania Sparebank (1822), Gjensidige (1847), Bergens Privatbank (1855), Den norske Creditbank (1857), Fellesbanken (1920), Bergens Kreditbank (1928), Postbanken, Vital and Nordlandsbanken. The current name stems from 2003, when the two banks Den norske Bank (DnB) and Gjensidige NOR merged in 2003.

DnB NOR has the largest customer base in the Norwegian financial market and is a leader in most domestic market segments.In Norway, DnB NOR has more than 2.2 million retail customers and more than 198 000 corporate clients. DnB NOR has the country’s most extensive distribution network for financial services and is represented in more than 200 locations. This market position provides a sound basis for generating further growth by developing and strengthening customer relationships.

In addition to maintaining its strong position in Norway, the Group aspires to expand its presence in international markets and increase the share of income from international operations. DnB NOR's strategy is to expand its presence in international markets within industries and product areas where the Group has built up expertise over several years. It is also important to accomany Norwegian customers establishing operations outside Norway.

After the share price had climaxed around the newyear shift 2006/07, the share price has been declining during the whole of the first seven months of 2007, despite being part of a market that has reached all-times-high several times. By July 14, 2007 the share had dropped from NOK 86.50 to 77.40. This decline of the share value seems to be connected to a long time decline in their percentual portion of the market for important bank services, with long term internal technical and organizational problems with a negative impact on the service quality towards their customers, and with a general growing interest rate. The internal problems that have plagued the company continually for a long time have especially been visible in the quality of their computerized services, making it periodically impossible for the customers to reach their accounts through the internet, periodically impossible to perform elementary computer based transactions, and one day even forcing DnB NOR to close their localities for their customers. In reports from the DnB NOR corporation itself, the technical and service problems have been explained as a consequence of virus attacks on their computer networks.^{[citation needed]}

• List of oldest companies

• DnB NOR corporate site
• DnB NOR banking site (Norwegian)

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Acergy · Aker Kværner · Aker Yards · Awilco Offshore · DnB NOR · DNO · Fred. Olsen Energy · Frontline · Golden Ocean Group · Marine Harvest · Norske Skog · Norsk Hydro · Orkla · Petroleum Geo-Services · Prosafe · Renewable Energy Corporation · Seadrill · StatoilHydro · Storebrand · Subsea 7 · Tandberg · Telenor · TGS-NOPEC · Tomra · Yara See also: Companies listed on the Oslo Stock Exchange

Coordinates: 59°54′35.08″N, 10°43′32.12″E