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This Article is From Mar 12, 2020

DNB Closes Oslo Trading Floor After Coronavirus Case Detected

(Bloomberg) --

DNB ASA, Norway's biggest bank, has closed the trading floor of its Oslo headquarters after registering a coronavirus case among its employees.

The bank was made aware Wednesday night of the infection of an employee working in DNB Markets. The person is in a “good condition under the circumstances,” spokesman Even Westerveld said. DNB has resorted to “extensive use” of home offices and restrictions on trips and meetings, he said.

The bank expects there will be people back on the trading floor around 2 p.m., Westerveld said in an email. The bank has utilized reserve locations in Oslo, such that it is able to operate more or less as normal, he said.

Norway updated its tally of confirmed cases of new coronavirus to 621 from 489, the head of the Norwegian Institute of Public Health told news agency NTB. The Nordic country announced on Wednesday that it will ban all indoor events with more than 500 people and bar people from the most affected areas from entering its territory.

Read: Norway to Escalate Measures Against Coronavirus Spread

To contact the reporters on this story: Love Liman in Stockholm at jliman1@bloomberg.net;Jonas Cho Walsgard in Oslo at jchowalsgard@bloomberg.net

To contact the editors responsible for this story: Mikael Holter at mholter2@bloomberg.net, Stephen Treloar

©2020 Bloomberg L.P.

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