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BRIEF-DNB can handle raised buffer, declines dividend comment -spokesman
December 15, 2016 / 10:25 AM / in a year

BRIEF-DNB can handle raised buffer, declines dividend comment -spokesman

Dec 15 (Reuters) - DNB ASA :

* Norway’s largest bank DNB will have no problem adjusting to raised capital buffer requirement, spokesman Even Westerveld said

* He declined to comment on any potential impact the raised buffer could have on the bank’s dividend

* Earlier on Thursday Norway’s finance ministry said it will increase its countercyclical capital buffer requirement for banks to 2.0 percent from end-2017 compared with 1.5 percent currently, giving banks 12 months to build the additional capital they need Further company coverage: (Reporting By Ole Petter Skonnord, editing by Terje Solsvik)

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