Categories: India

BRIEF-DNB To Recognise Positive Mark-To-Market Effect Of NOK 264 Mln

Oct 1 (Reuters) – DNB Bank ASA: * WILL RECOGNISE A POSITIVE MARK-TO -MARKET EFFECT OF NOK 264 MILLION FROM BASIS SWAPS CONNECTED TO FUNDING * FURTHERMORE, A NEGATIVE EFFECT OF NOK 136 MILLION FROM USD AND SEK ADDITIONAL TIER 1 CAPITAL WILL ALSO BE RECOGNISED * EFFECTS WILL APPEAR UNDER NET GAINS ON FINANCIAL INSTRUMENTS AT FAIR VALUE IN OUR FINANCIAL STATEMENT Source text: Further company coverage: (Gdansk Newsroom)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Indianews Syndication

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