DNB ASA logo

DNB - DNB ASA News Story

NOK182.7 3.3  1.9%

Last Trade - 14/05/21

Sector
Financials
Size
Large Cap
Market Cap £23.98bn
Enterprise Value £55.88bn
Revenue £5.01bn
Position in Universe 30th / 1832

Norway c.bank offers 3-month funding to banks amid market turmoil

Fri 20th March, 2020 8:21am
OSLO, March 20 (Reuters) - Norway's central bank has offered
a third batch of extraordinary loans to the banking industry, it
said on Friday amid economic turmoil caused by the coronavirus
outbreak and a recent plunge in the price of oil, Norway's top
export.
    Norges Bank has launched a series of emergency measures to
help stabilise markets, including two surprise rate cuts and a
warning it may intervene in the currency for the first time in
more than two decades.  urn:newsml:reuters.com:*:nL8N2BC3E7 urn:newsml:reuters.com:*:nL8N2B61JO urn:newsml:reuters.com:*:nL8N2BD1UK

 (Reporting by Terje Solsvik, editing by Nerijus Adomaitis)
 ((terje.solsvik@thomsonreuters.com; +47 918 666 70))
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.