• Help and guidance
  • Become a customer
  • Chatbot

Group account

A group account is an effective instrument for bringing together the company’s liquidity.

Two colleagues smiling in front of a computer
  • Effective liquidity handling

  • Better monitoring and reporting of the whole group’s working capital

  • Reduced commission and interest costs

A group account system offers better liquidity control

In a group, there’s often surplus liquidity in some of the companies, while other companies have a liquidity shortage. But building up a group account system, the group can ensure it uses internal surplus liquidity before drawing on external credit.

A group account earns interest and motivates the subsidiaries to use capital resources efficiently.

Advantages of a group account system:

  • better monitoring and control of business units and subsidiaries
  • better control of the group’s currency exposure
  • better use of the group’s working capital
  • reduced capital costs as a result of a reduced need for credit
  • reduced interest costs/increased interest income as a result of balance sheet netting
  • advanced and detailed reports are available in DNB Finsight.

Setting up a group account system

The company must be an independent legal entity or defined as a group under the Norwegian Private Limited Liability Companies Act. Any foreign participants must satisfy legislation in their home country.

Your customer adviser will help you open a group account system.

Our accounts

Footer navigation

Head office

Dronning Eufemias gate 30

0191 Oslo

Norway

Postal address

DNB

Postbox 1600 Sentrum

0021 Oslo

Norway

Org. no.

DNB Bank ASA

984 851 006

DNB Websites

DNB Eiendom#huninvesterer

International

DNB LuxembourgDNB SwedenDNB Denmark

Social media

FacebookYouTube
Terms of usePrivacy policyPrice listCompare our prices with other companies on Finansportalen.no

© DNB