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Cobalt Advises AS DNB Pank on Application for Additional Authorization

Cobalt Advises AS DNB Pank on Application for Additional Authorization

Estonia
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Cobalt Estonia advised Aktsiaselts DNB Pank, a subsidiary of Norway’s DNB Bank ASA, in applying for an additional credit institution authorization from the European Central Bank and the Estonian Financial Supervision Authority.

This additional authorization allows Aktsiaselts DNB Pank to broaden its product and service portfolio, and provide investment and ancillary services to its clients.

Cobalt advised Aktsiaselts DNB Pank on all matters related to applying for a new credit institution authorization, including preparing for the application process, drafting the application and other documents required in relation to the process, and communicating with the supervisors carrying out the application proceedings. The firm's team included Partner Kristel Raidla-Talur, Associate Mattias Tammeaid, and Senior Associate Heleri Tammiste.

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