Finance
Norway to sell its 15% stake in Eksportfinans to DNB
Published by Global Banking & Finance Review®
Posted on March 6, 2025
1 min readLast updated: January 25, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on March 6, 2025
1 min readLast updated: January 25, 2026
Norway's government sells its 15% stake in Eksportfinans to DNB for $68.88 million, aiming to maximize returns sustainably.
COPENHAGEN (Reuters) - Norway's government said on Thursday it will sell its 15% stake in Eksportfinans to Norwegian bank DNB.
The government will receive around 750 million crowns ($68.88 million) from the sale, it said in a statement.
Eksportfinans used to offer subsidised state financing for export companies but has not granted new loans since 2012 when the state set up another company for export crediting, the statement said.
Norway's Minister of Trade and Industry, Cecilie Myrseth, said there were no particular reasons why the government should own Eksportfinans.
"Our goal as owner is to maximise returns over time within a sustainable framework. A sale of our shares to DNB is the alternative that best contributes to this," Myrseth, said.
($1 = 10.8883 Norwegian crowns)
(Reporting by Louise Breusch Rasmussen, editing by Anna Ringstrom and Essi Lehto)
Norway's government is selling its 15% stake in Eksportfinans.
The government will receive around 750 million crowns, which is approximately $68.88 million.
Eksportfinans has not granted new loans since 2012 because the state established another company for export crediting.
The government's goal is to maximize returns over time within a sustainable framework.
Cecilie Myrseth is the Minister of Trade and Industry in Norway.
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