DNB office opening in Rio

DNB is increasing its initiatives within the offshore and energy sector and has opened an office in Rio. The bank has already entered into several contracts from its new office in Brazil.

DNB is one of the largest banks within the energy sector and is continuing its initiatives within this sector. Last year, the bank opened an office in Aberdeen, and DNB also has energy teams in Houston, Singapore, Sweden and London, as well as in Oslo, Stavanger and Bergen.

”We have had a presence in Rio since 1968, but now the time is right to establish a more visible DNB office. Our role will be to advise our Norwegian and international clients on how to succeed in Brazil. This region is an important growth area for many of our customers, and it is therefore natural that we are by their side when they establish their operations here,” says Kristin H. Holth, head of DNB in the Americas.

The main initiatives for the Rio office will be within offshore and energy, and the office will be led by Arne Christian Haukeland.

”To have a Norwegian bank with local in-depth expertise and a local DNB team is very beneficial for Norwegian customers who are planning to expand their activities in Brazil. In addition, this makes us attractive for both local and international customers due to our extensive offshore and energy experience,” says Haukeland.

During the past six months, the office has been the financial adviser in several large contracts for both Brazilian and international companies.