ABN AMRO has a clear, well-defined strategy in Norway, aimed at building on our strong brand. Norway’s oil and gas sector is the country’s biggest sector in terms of contribution to gross domestic product, government revenues, investments and export value. The sector therefore plays a vital role in the Norwegian economy and the financing of the Norwegian welfare state. Norway is also one of the world’s largest and most advanced maritime nations, with the sixth-largest fleet in the world, and operating almost 1,800 ships and rigs worldwide. So it’s no surprise that many ship and offshore asset owning and managing companies are represented here.
Oslo’s stock exchange is a substantial intermediary of equity and bond liquidity into the energy, offshore and shipping markets. ABN AMRO’s shipping and offshore portfolio has grown to a sizeable level, whilst remaining profitable and healthy. Substantial business is generated from a number of different product groups, including Capital Markets Solutions and Transaction Banking and Debt Solutions.
Working in Norway
Norway is one of the most sparsely populated countries in Europe, with around 5 million people living there. Norwegians are proud of their Vikings, trolls and 17th May – the celebration of the constitution, a proud and happy tradition that everyone should experience at least once.