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DNB’s Controversial Decision to Leave ‘The Debate’ on Interest Rate Increases

– Why is the DNB guy running now? Cowardly by DNB.

This is just one of many messages in various social media after the “Debate” on NRK on Tuesday evening.

– Sorry, @DNB_Bank. Nobody believes the super smooth guy you sent to NRK to answer questions evasively, someone else is writing.

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DNB left the “Debate”

In Tuesday’s edition of “The Debate”, the spotlight was directed at DNB and the many recent interest rate increases.

DNB’s information director Even Westerveld answered questions at the start of the broadcast, but when the debate was about to start, presenter Fredrik Solvang said this:

– I have promised you that you will be allowed to leave us. Thank you for showing up, said Solvang.

No further explanation was given as to why DNB should not take part in the debate itself.

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Labor Party veteran Martin Kolberg took part in the debate, and reacted to DNB’s representative leaving the studio, and that he did not want to take part in the debate itself.

– Firstly, I think it is a shame that he is leaving now, when we are going to discuss what he says, says Kolberg in plenary.

– That was the condition, Solvang replies.

– I understand that, but I still think it’s a shame, since it’s not necessary, he says to the presenter.

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19 billion in dividends

In the programme, DNB was confronted with the fact that they pay dividends of 19 billion to the owners.

DNB’s director of information said that it is the state that determines the dividend. The state, together with Folketrygdfondet, owns over 50 percent of the shares in the bank.

He also denied that there is a big interest rate party for the banks.

– We have never had such low mortgage margins. What the banks earn from mortgages has not been this low in 30 years, said Westerveld in DNB.

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– Arrogant!

The answers from DNB did not go down well with everyone.

– I think it was an arrogant performance by DNB’s representative. Now strongly considering switching banks from DNB, commented one.

Others believed that DNB did little to answer the questions they were asked:

– It must be a Norwegian record for not answering questions below #nrkdebat from the DNB infotype, one writes.

– That someone uses DNB is a bit unbelievable. Such a sly eel they send to the debate says something that refuses to answer questions, writes another.

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That is why DNB did not submit

Nettavisen has contacted DNB to get an answer as to why the bank did not want to participate in the debate itself. We have also asked why the bank’s chief executive, Kjerstin Braaten, did not appear in the studio.

– Why weren’t you in the debate yesterday?

– NRK invited us to respond to the criticism that was directed at DNB, and we stood up to respond in “The Debate”, says Acting Director of Communications at DNB, Kari Vartdal Riise.

– It is the politicians who decide the rules for the financial industry and DNB is also partly owned by the state, and it is not natural for us to debate these rules with our own owners and regulatory authorities, she says.

– Why didn’t you stand with the CEO of DNB, Kjerstin Braathen?

– DNB fielded a representative from the bank’s group management, which is the bank’s top management, says Riise.

Nettavisen has asked for a more detailed explanation as to why the CEO Kjerstin Braathen did not apply. DNB has not responded to that.

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2023-10-04 09:20:08


#Rages #Debate #Cowardly #DNB

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