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DnB NOR opens a representative office in Mumbai

DnB NOR opens a representative office in Mumbai

Mumbai: DnB NOR today officially opened a representative office in Mumbai, the first such office for the bank on the Indian sub-continent.

The office was formally opened by Rune Bjerke, group chief executive of DnB NOR ASA, at a ceremony attended by the Norwegian Ambassador to India, Her Excellency Ms Ann Ollestad.

Mr Bjerke said today:"We are truly excited about our new office in Mumbai and it underlines DnB NOR's commitment to this exciting marketplace.

"Opening this office in the present economic climate underscores more than ever our recognition of the importance of India to DnB NOR's future in this region and our commitment to building our presence in Asia in the long term."

The Mumbai representative office will complement DnB NOR's Asia presence. It already has offices in Singapore and Shanghai. The bank's representative office in Mumbai is headed by Derick Dias, a senior representative from India's corporate banking sector, who has been appointed Chief Representative Officer.  [10/03/09]