Sbanken customers hit by frozen funds after DNB takeover

Customers at Norway’s Sbanken have to wait for up to two months to move their stock savings accounts. Nordnet Norway’s chief executive is critical of the long waiting time.
Mari Rindal Øyen is the head of Nordnet Norway. | Photo: Nordnet / PR
Mari Rindal Øyen is the head of Nordnet Norway. | Photo: Nordnet / PR
by anders hustveit gerhardsen

After Norwegian banking group DNB took over Sbanken, the latter has struggled with both customer flight and a declining reputation. Now several customers also experience having to wait up to several months to move their share savings accounts, reports Norwegian business media E24.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now