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Arctic: DNB - Improved risk/reward, but we remain on Hold for now

Companies: DNB

Same story as in Sweden or Denmark

Companies: DNB (DNB:STO)DNB Bank ASA (DNB:OSL)

Arctic: DNB - It's all relative

Companies: DNB

A disappointing level of expenses

Companies: DNB (DNB:STO)DNB Bank ASA (DNB:OSL)

Arctic: DNB - Impressive quarter, but we stick to our estimates

Companies: DNB

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