Get The Free Sample Complete
SWOT & PESTLE Analysis Report
This report is shared in order to give you an idea of what the complete SWOT & PESTLE analysis report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
Get Your Free Summary Copy of the
SWOT & PESTLE Analysis Report
Get the summary SWOT & PESTLE.com report delivered straight to your email inbox for free. Our insightful and holistic reports have helped corporates, academia and researchers take their research forward. You also agree to receive email updates from us on our new reports and solutions.

DNB SWOT & PESTLE Analysis

ID : 52275853| Sep 2020

COMPANY PROFILE -DNB

Business Sector :Banking, Financial Services and Insurance

Operating Geography :Norway, Europe

About DNB :

DNB ASA is the largest financial services group in Norway founded in 1822. DNB is one and one of the biggest in the locale as far as market capitalization and offers a range of financial services including savings, loans, advisory services, pension and insurance products for retail and corporate clients. It has around 11,710 employees worldwide as of 2017. Headquartered in Oslo, Norway, DNB operates in a number of industries with a strong position in the energy sector, and fisheries and seafood industry.

DNB Revenue :

$2.164 billion – FY ending Dec 2016

Competitive Analysis of DNB

SWOT
PESTLE
The SWOT analysis for DNB is presented below:
Strengths
Weaknesses
1. Large market share
2. Operations in 21 countries
3. Strong capital position
4. Quarter of Norway uses Vipps
1. Inherent risks in Insurance sector
2. Possible real estate bubble
Opportunities
Threats
1. New Insurance markets
2. Mergers & Acquisitions
1. Emergence of niche banks
2. Brexit implications
SWOT & PESTLE (combined)
Complete Report
USD 9.52
*
  • with PayPal
  • with Debit/Credit card
Great quality, Affordable pricing.
Safe and secure payments
On purchase, the report will reach your email inbox within minutes. At rare times, a slight delay not exceeding 4 hours might be caused.

Detailed SWOT Analysis of DNB

Strengths

1. Large market share: DNB's market share is more than 25% across all its offerings. It has a strong customer base comprising of 2.1 million retail customers, 1.3 million active internet bank users and 220,000 corporate clients. DNB offers Norway's largest mobile banking service, with 758,000 users in the 2nd quarter of 2017. DNB is the largest asset management company in Norway having around 486,000 mutual fund clients in Norway and upto 120 corporate clients in Norway and Sweden.

2. Operations in 21 countries: DNB has its operations in the US, Brazil, Estonia, Chile, Denmark, China, Finland, Greece, Latvia, Germany, Poland, Lithuania, Luxembourg, Norway, Sweden, the UK, India, and Singapore. Having a presence in numerous countries gives a brand broader and more diversified market base, thus helping the brand increase its revenue and profits. Also, brand equity/image is enhanced with a presence in multiple nations.

3. Strong capital position: DNB has a stable core shareholder, that is, the Norwegian government having a 34% stake which represents a long-term commitment by the government and is willing to extend its support. Having the government on its side is the best that any company can think of.

4. A quarter of Norway uses Vipps: Vipps is DNB’s response to companies such as Facebook, Google, and Apple venturing in the mobile payments service. According to TCS, 25% of Norway’s population uses Vipps as of March 2016. Also, 106 Norwegian banks have decided to join hands in order to create one single, strong and distinct mobile wallet for all Norwegian customers. DNB will still hold 52% of stake in Vipps to maintain control.

Weaknesses

1. Inherent risks in Insurance sector: The traditional business models of insurance sector combined with regulations offer inherent operational risks, market risks and policyholder guarantees.

2. Possible real estate bubble: According to Goldman Sachs, Norway is constructing houses at a faster rate than the demand . Households Debts amount to 101 %of GDP in the first quarter of 2017 and the real estate market is believed to have peaked.

Opportunities

1. New Insurance markets: Opportunities of insurance have been growing across Asia-Pacific. Swiss Re, global reinsurance giant, forecasts a growth of nearly 8% in 2017 and 9% in 2018. China’s One Belt One Road initiative will spearhead this growth with increasing demand for commercial insurance.

2. Mergers & Acquisitions: DNB Bank ASA has entered into a joint venture with Swedish Nordea Bank AB to provide banking and financing services in the Baltic states, that is, Lithuania, Latvia, and Estonia. Both combined will emerge as 2nd largest player with a market share of around 20%.

The unpublished sections of the entire SWOT analysis is available in the 'Complete Report' on purchase.

SWOT & PESTLE (combined)
Complete Report
USD 9.52
*
  • with PayPal
  • with Debit/Credit card
Great quality, Affordable pricing.
Safe and secure payments
On purchase, the report will reach your email inbox within minutes. At rare times, a slight delay not exceeding 4 hours might be caused.

Check Out Analysis of Other Relevant Companies

TABLE OF CONTENTS
DELIVERY AND FORMAT
WHY CHOOSE US?
How to Reference This Page?

You can use the following in your reference section in order to give credit to the source. For different referencing styles and detailed guidelines, please click here.

DNB SWOT & PESTLE Analysis - SWOT & PESTLE.COM

SWOT & PESTLE.com (2020). DNB SWOT & PESTLE Analysis - SWOT & PESTLE.com. [online] Available at: https://www.swotandpestle.com/dnb/ [Accessed 24 Nov, 2020].

In-text: (SWOT & PESTLE.com, 2020)

Copyrights and Disclaimer

DNB SWOT and PESTLE analysis has been conducted by Nikhil Dargan and reviewed by senior analysts from Barakaat Consulting.

Copyright of DNB SWOT and PESTLE Analysis is the property of Barakaat Consulting. Please refer to the Terms and Conditions for usage guidelines.

The text on www.swotandpestle.com are the property of Barakaat Consulting. While every attempt has been made to ensure completeness, accuracy and reliability of the analysis, Barakaat Consulting and its associate websites cannot be held responsible for omissions or errors in our pages or any links on any of our pages. Analyses published by us above may not totally reflect the company's opinions, reader's discretion is advised. Users have the right to choose the products that suits them the most.

You might also like to check out :
DNB SWOT & PESTLE Analysis
Price : USD 9.52