ABU DHABI/WAM On behalf of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, H.H. ...
Read More »DNB to use excess funds to buy back its own shares
Bloomberg Norway’s biggest bank, DNB ASA, has more capital than it needs and will probably start using the excess funds to buy back its own shares. After topping the European Banking Authority’s resilience score (DNB’s capital reserves were hardly affected in the stress tests’ ‘adverse’ scenario), the Oslo-based lender is now attracting investor interest as analysts predict shareholder rewards ...
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