April 26, 2018 / 9:13 AM / a month ago

BRIEF-DNB sees room to lend more to large customers, reversing trend

April 26 (Reuters) - DNB ASA:

* DNB’S CEO: SAYS READY TO RESUME SHARE BUYBACKS, BUT IS CURRENTLY AWAITING APPROVAL FROM NORWAY’S BANK REGULATOR

* DNB’S CEO: BANK HAS APPLIED TO FSA FOR PERMIT TO REPURCHASE UP TO 2 PERCENT OF SHARES; MAY ASK FOR FURTHER 1.5 PERCENT LATER

* DNB CEO: NOW SEES ROOM FOR SOME GROWTH IN LENDING TO LARGE CUSTOMERS, REVERSING 2017 TREND OF CUTS Further company coverage: (Reporting by Camilla Knudsen, editing by Terje Solsvik)

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