DNB Bank to Recognize Positive $51.1 Million AT1 Impact in 1Q
Provided by
Dow Jones
By Dominic Chopping
Norway's DNB Bank ASA said Wednesday that it will book a positive effect of 526.6 million Norwegian kroner ($51.1 million) from USD additional Tier 1 capital in the first quarter of 2023.
It will also recognize a negative mark-to-market effect of NOK3.7 million from basis swaps connected to funding, DNB said.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
April 05, 2023 08:05 ET (12:05 GMT)
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