Private company

Cresco

DNB Bank ASA (formerly DnB NOR ASA) is Norway's largest financial services group, with total combined assets of more than NOK 3.6 trillion and a market capitalisation NOK 400 billion as of 2024.1

Last updated Oct 18, 2026.

Overview

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DNB Bank ASA (formerly DnB NOR ASA) is Norway's largest financial services group, with total combined assets of more than NOK 3.6 trillion and a market capitalisation NOK 400 billion as of 2024. DNB's head office is located in Oslo.2

How it started

History

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 name DnB NOR was adopted in 2003, when the two banks Den norske Bank (DnB) and Gjensidige NOR were merged. The company changed its legal name and brand to DNB in November 2011.

In August 2017, DNB and Nordea combined their operations in Estonia, Latvia, and Lithuania to create Luminor Bank.

In October 2024, DNB agreed to buy Carnegie, a Swedish investment bank and asset manager, for $1.14 billion in an all-cash acquisition.

From Wikipedia’s article on Cresco, shared under CC BY-SA 4.0.2

Timeline

  1. 2020Dissolved Dissolved1

Sources

The numbers on this page point here. Each one links to the record it came from.

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