DNB Bank ASA (DNBBY) Discusses Fourth Quarter Pre-Close Update and Impacts on Net Interest Income and Capital Prepared Remarks Transcript

Core Viewpoint - The pre-close call for DNB's fourth quarter highlights the stability in lending volumes and the minor expected impact on net interest income (NII) due to foreign exchange (FX) developments and interest rate adjustments. Group 1: Net Interest Income (NII) and Capital - The number of interest days in the fourth quarter remains the same as in the third quarter, indicating no impact on Q4 NII from day counts [2] - Minor FX developments are anticipated to have a limited effect on NII, with the FX split in the loan portfolio for Q3 being 8% in U.S. dollars, 7% in euros, and 6% in Swedish kroner [4] Group 2: Lending Volume and Credit Demand - Q3 lending volume growth was reported at 0.3% when adjusted for FX, with stable credit demand observed since the end of Q3 for both households and corporates [3] - For the last 12 months, household credit growth was 4.5%, while corporate credit growth was 1.8% as reported by Statistics Norway [3]