January 8, 2014 / 10:54 AM / 4 years ago

Norway's DNB CEO says Q4 performance was on target

OSLO, Jan 8 (Reuters) - DNB, Norway’s top bank, performed in line with its targets in the fourth quarter of 2013, Chief Executive Rune Bjerke said on Wednesday.

“There is a bit less momentum in the economy now than last year,” Bjerke told Reuters on the sidelines of a business conference. “But there’s positive growth, only a slight increase in unemployment, interest rates remain low so there’s little reason to fear a drastic drop in housing prices.”

Reporting by Camilla Knudsen

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