Norwegian Economic Outlook 2015

The EU Chambers of Commerce in Norway kindly invite members and guests to their annual Norwegian Economic Outlook. Frank Jullum, Danske Bankens Chief Economist will give his latest insight and analysis on the Norwegian Economic Outlook for 2015.

Oil prices have been halved since last summer. Which might be positive for the global economy. Meanwhile, for some countries, such as Norway, it results in a dramatic deterioration of the framework conditions. Interest cuts, weaker Norwegian currency and the oil fund-mechanisms will meanwhile dampen the negative effects from the lower oil price.


08.00 am Coffee and light breakfast
08.30 am Welcome by Tone Lunde Bakker, Country Manager, Danske Bank Norway
08.40 am Norwegian Economic Outlook 2015 by Frank Jullum, Chief Economist
09.40 am Q & A
10.00 am End


Tone Lunde Bakker was appointed Country Manager at Danske Bank Norway in June 2012. She holds an MBA from Arizona State University in Finance and International Business. She began her career in Christiania Bank and Kreditkassen and joined Focus Bank – now Danske Bank – in 1997, where she has held several positions, e.g. Director, Head of Large Corporates, Executive Vice President for Eastern Region and Executive Vice President Corporate & Institutional Business.

Frank Jullum has a Master’s Degree in Social Economy from the University of Oslo, and is currently Chief Economist in Danske Markets Norway. He has previously been employed with Ministry of Finance, Financial Supervisory Authority and Christiania Markets – now Nordea Markets. He joined Danske Bank in 2001.

Danske Bank, previously Fokus Bank, is the third largest commercial bank in Norway. It has a market share of 5%. The bank was founded in 1859 in Trondheim, and became part of Danske Bank in 1999. The bank has about 1,000 employees, 41 branches and almost 200 bn. NOK in total assets.


The meeting is free of charge and will be held in English. Please register as soon as possible due to limited seats available and no later than 10th March.



This event is organised on behalf of the EU Chambers of Commerce in Norway:
The Austrian Trade Commission, The Embassy of Belgium, The British-Norwegian Chamber of Commerce, The Royal Danish Embassy in Oslo, The Finnish-Norwegian Commercial Association, The French-Norwegian Chamber of Commerce, The German-Norwegian Chamber of Commerce, The Irish-Norwegian Business Association, The Italian-Norwegian Chamber of Commerce, The Embassy of the Republic of Latvia / Investment and Development Agency of Latvia, The Lithuanian-Norwegian Chamber of Commerce, The Spanish-Norwegian Chamber of Commerce, The Swedish-Norwegian Chamber of Commerce, The Polish-Norwegian Chamber of Commerce, Embassy of the Kingdom of the Netherlands, Embassy of the Republic of Hungary, Embassy of the Slovak Republic