DNB WM expects retail inflows to stay at a high level for the years to come

Retail net savings to DNB Wealth Management doubled in 2020, supported by different factors, some relating to the pandemic. The CEO of WM, Håkon Hansen, is confident DNB can maintain a strong inflow going forward.

Håkon Hansen, group executive vice president and head of Wealth Management at DNB | Photo: PR / DNB

The wealth management arm of Norway's biggest bank saw net savings from retail clients double in 2020.

In 2020, net inflows from retail clients rose to NOK 14.4bn (EUR 1.4bn) from NOK 7.1bn (EUR 0.7bn) in 2019. In 2018 and 2017, net inflows were at 4.1bn (EUR 399m) and 8.7bn (EUR 847m), respectively.

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