DNB, Norway’s largest financial services group, has decided to keep its shares in  Bank DnB NORD Polska.

DNB is the sole shareholder of Bank DnB NORD and the decision is a result of an evaluation period which started earlier this year, when it was announced that a possible outcome would be to sell the Polish bank. DNB has resolved to continue its presence in Poland and build a long term strategy in close cooperation with the local management

“The management team in Poland is pleased with the outcome of the strategic assessment and we look forward to becoming an integrated part of DNB. In addition to being Norway’s largest bank, DNB has a broad international presence, which is of great significance to the range of products and services we can offer our customers,” says Bartosz Chytła, CEO of Bank DnB NORD Polska.

Rebranding to DNB
11.11.11 – this “magic” date was chosen for launching a new unified corporate identity for all the Group’s brands. DNB’s decision to continue operations in Poland means that in the coming months the name of the Polish entity will also be changed to Bank DNB Polska.

DNB stands for Den Norske Bank, meaning the Norwegian Bank. It will clearly reflect that the bank is part of Norway’s largest financial services group with operations in 19 countries around the globe.