Financial Supervisory Authority of Norway recommends five institutions remain systemically important in 2027 with a 2% buffer for DNB and 1% for four others

The Financial Supervisory Authority of Norway has provided its annual advice to the Ministry of Finance recommending that DNB Bank ASA, Kommunalbanken AS, Nordea Eiendomskreditt AS, Sparebanken Norge and Sparebank 1 Sør-Norge ASA continue to be designated as systemically important institutions in Norway for 2027, with institution-specific capital buffer requirements. The proposed buffers are 2% for DNB Bank ASA and 1% for Kommunalbanken AS, Nordea Eiendomskreditt AS, Sparebanken Norge and Sparebank 1 Sør-Norge ASA. The recommendation is based on quantitative criteria in the capital requirements regulation implementing national adaptations of CRR/CRD IV, using indicators of total assets as a share of Mainland Norway GDP and lending to the public in Norway as a share of total lending, calculated from group accounts as at 31 December 2025. Finanstilsynet also notes that foreign bank branches in Norway are not covered by the designation regime, and that despite DNB Boligkreditt AS meeting the quantitative thresholds on a standalone basis, designations should be made at the highest consolidated level in Norway in line with the European Banking Authority’s guidelines. The Ministry of Finance will take the formal annual decision on the designations, which under the regulation normally takes effect no earlier than 12 months after it is adopted.