DNB Bank ASA (0O84) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to the D&D Q3 conference call. Please note this conference is being recorded and for the duration of the call, your lines will be on listen only. However, you will have the opportunity to ask questions. This can be done by pressing star 1 on your telephone keypad to register your question. If you require assistance at any point, please press star 0 and you'll be connected to an operator. I will now hand you over to your host, Rowan Helland, to begin today's conference. Thank you. Thank you very much, and a warm welcome to all of you. Welcome to D&D's analyst call for the third quarter. Here in Oslo, we are, in addition to Kerstin and Ida, we have head of personal customers, Maria-Erik Bløvall, and head of D&D Carnegie, Alex Oppstad. Before we start the Q&A session, Ida will give you the highlights for the quarter. Ida? Thank you, and hello everyone, and thanks for taking the time to listen in to this call and participate. The Norwegian economy continues to perform well, and we're also seeing that the recent updates stemming in terms of new data points shows that GDP growth will be higher than what was expected before. GDP growth this year is expected to come in at 1.8%, and then continue to grow around 1.3%, 1.5% in the coming years. Mainland corporate investments continues also to show a positive outlook, and also more importantly, when looking at the surveys done with the corporate customers and the corporates overall around Norway, shows a very positive sentiment. We noted higher real wages last year and also continue to see that real wages are expected to increase also this year, of course, supporting both purchasing power but also lending growth overall. Unemployment levels remain low at around 2%, and that is, of course, also positive when loo...