By Dominic Chopping


Norway's largest lender DNB Bank ASA said Tuesday that it will recognize a positive mark-to-market effect of 369 million Norwegian kroner ($34.6 million) from basis swaps connected to funding in the third quarter of 2022.

DNB will also recognize a positive effect of NOK783 million from the USD additional Tier 1 Capital, it said.


Write to Dominic Chopping at dominic.chopping@wsj.com


(END) Dow Jones Newswires

10-04-22 0825ET