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Sbanken claims to have handled a quarter of all fund sales to Norwegian retail investors last year

If the Norwegian Competition Authority approves DNB's acquisition of Sbanken, DNB may control over 30 percent of the domestic retail fund sales. However, the market share figures are unclear.

Photo: INTS KALNINS/REUTERS / X02120

Recently, the Norwegian Competition Authority announced that it is considering stepping in to stop Norway's largest bank DNB's acquisition of competitor Sbanken.

Sbanken's 2020 annual report states that it had a market share of fund sales to Norwegian retail investors of 25.8 percent. According to the bank, their total market share within fund savings for Norwegian private clients increased from 5.7 to 8.1 percent over the course of the year.

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