September 21, 2018

ABN-AMRO Bank

Information about Foreign Banks in India - ABN-AMRO Bank

FOREIGN BANKS OF INDIA – ABN-AMRO Bank

Information about Foreign Banks in India - ABN-AMRO Bank

FOREIGN BANKS OF INDIA – ABN-AMRO Bank

Information about Foreign Banks in India - ABN-AMRO Bank

ABN-AMRO is a Dutch state-owned bank with headquarters in Amsterdam. It was re-established, in its current form, in 2009 following the acquisition and break up of ABN AMRO Group by a banking consortium consisting of Royal Bank of Scotland Group, Santander and Fortis also. Following the collapse of Fortis, the acquirer of the Dutch business, It was nationalized by the Dutch government along with Fortis Bank Nederland.

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Foreign Banks in India - ABN-AMRO Bank

Information about Foreign Banks in India

In 1824 King William-I established the Nederlandsche Handel-Maatschappij (NHM), a trading company to revive trade and financing of the Dutch East Indies which is one of the primary ancestors of ABN AMRO. The NHM merged with the Twentsche Bank in 1964 to form Algemene Bank Nederland (ABN). In the same year the Amsterdamsche Bank which was established in 1871, merged with the Rotterdamsche Bank which was established in 1873 to form AMRO Bank. In 1991 ABN and AMRO Bank agreed to merge to create ABN AMRO Bank.

Information about Foreign Banks in India - ABN-AMRO Bank

ABN AMRO Bank has offices in 15 countries, all but 5,000 of its 32,000 employees are in the Netherlands. Businesses include a private bank focusing on high-net-worth clients in 14 countries, and established a commercial and merchant banking operation, which is also a player in specialist markets such as energy commodities and transportation as well as brokerage, Clearing and Custody.

Information about Foreign Banks in India - ABN-AMRO Bank