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DNB ASA (DNBHF) Management on Q1 2021 Results - Earnings Call Transcript

May 01, 2021 2:27 PM ETDNB ASA (DNBHF), DNHBY
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DNB ASA (OTCPK:DNBHF) Q1 2021 Earnings Conference Call April 29, 2021 7:30 AM ET

Company Participants

Thomas Midteide - Group EVP Communications

Kjerstin Braathen - CFO

Ottar Ertzeid - Head of Corporate Banking

Rune Garborg - Head of Vipps

Rune Helland - Head of Investor Relation

Thomas Midteide

Good morning, and welcome to DNB's Presentation and the Presentation of the Results for the First Quarter. Now this is the fourth quarter without anyone present here in Viorica in Oslo. Hopefully, you are safe and sound behind your computer screens. We miss you a lot, even the ones with FL recommendation. We will open up for questions in about 30 minutes.

So please use the form below to ask your questions, and we will ask them on behalf of you here in this auditorium. As usual, we will hope and start to show with Kjerstin and Ottar taking you through the numbers.

Go ahead, Kjerstin.

Kjerstin Braathen

Thank you, Thomas, and good morning, ladies and gentlemen, and a very warm welcome to this presentation of our first quarter results. As I stand here in a close to empty auditorium, I must start by saying that I really look forward to the next opportunity to see more of you here present while we give our presentations. While parts of the society in our way has been impacted by local lockdowns during the first quarter as well, we see less and less of an impact of this to the economy and in our numbers. We live in a world that continue to be affected by the pandemic, but 1 year into the pandemic, I make it is clear that Norway has fared well from a relative perspective, both with regards to dealing with the pandemic as well as the economic effect. Activity has been high across all of the customer segments in the quarter as such.

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