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Bloomberg: Richest Nordic Nation Gets Banking Giant After Rates Diverge


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Bloomberg: Richest Nordic Nation Gets Banking Giant After Rates Diverge

Business

Category: Business News

Norway is the only Scandinavian country that never resorted to negative interest rates. It now seems clear that its monetary policy choices helped its biggest bank.

DNB ASA, which is based in Oslo, has enjoyed growth in recent years as most of its biggest competitors have fallen behind. Its share price has swelled so much that it now vies with Nordea Bank Abp for the title of biggest Nordic bank by market value.

Read entire article HERE.

Source: Bloomberg