DNBNOR - DNB NOR OPENS BRANCH IN HELSINKI

DnB NOR, Norway`s largest financial services group, today http://www.newsweb.no/index.asp?melding_ID=92039 opens a branch office in Helsinki, thus completing DnB NOR`s Nordic network for corporate customers. DnB NOR already has offices in Copenhagen and Stockholm. DnB NOR, Norway`s largest financial services group, today opens a branch office in Helsinki, thus completing DnB NOR`s Nordic network for corporate customers. DnB NOR already has offices in Copenhagen and Stockholm. `The Group`s strategy is to be the best financial partner for Norwegian companies and the preferred partner for international customers doing business in Norway. Parallel to this, we wish to team up with Norwegian companies with operations outside Norway. Finland and Norway have a history of flourishing trade relations. Today, there is mutual cooperation between a large number of companies in both countries. The establishment of DnB NOR in Finland must therefore be seen as a logical step,` says Svein Aaser, group chief executive in DnB NOR, in connection with the opening of the branch office. `The branch in Finland is a full-service office offering a complete range of day-to-day banking services for corporate customers. DnB NOR in Helsinki will start operations with a core customer and market-oriented staff, which will link customers to DnB NOR`s Nordic network. Among other things, DnB NOR is one of the primary providers of cross-border payment services in the Nordic region,` says Vidar Johannesen, head of DnB NOR Finland. DnB NOR is Norway`s largest financial services group, with combined total assets of around NOK 1,200 billion (EUR 141.5 billion). The Group has more than two million retail customers, around 150,000 corporate customers and more than 700,000 life insurance customers. DnB NOR`s operations are based on more than 180 years` experience as a supplier of financial services in Norway. In addition to Helsinki, Stockholm and Copenhagen, DnB NOR has offices in Hamburg, London, Luxembourg, New York, Singapore, Hong Kong, Shanghai, Beijing, Murmansk, Cairo, Santiago and Rio de Janeiro.