- (PLX AI) - DNB may see 9% net interest income growth next year, more than four times the 2% rate expected of peers, analysts at SEB said.
- • SEB upgraded DNB to buy from hold, with a price target raised to NOK 224 from NOK 197
- • Norges Bank is expected to hike interest rates later this month, with 3 more rate increases next year
- • Meanwhile, DNB is likely to see next to zero loan losses through the end of next year, amid Norwegian GDP growth and improved fundamentals in Shipping and Oil industries, SEB said