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The AMsterdamsche en ROtterdamsche Bank (AMRO Bank, lit. ' Bank of Amsterdam and Rotterdam ') was a major Dutch bank that was created in 1964 by the merger of the Amsterdamsche Bank (est. 1871) and the Rotterdamsche Bank (est. 1863). [1] In 1991, it merged with Algemene Bank Nederland (ABN) to form ABN AMRO.
An examination of 200 predecessors of ABN AMRO Bank N.V. founded before 1888, determined that some had connections to African slavery, either in the United States or elsewhere in the Americas. [13] By 2007, ABN AMRO was the second-largest bank in the Netherlands and the eighth-largest in Europe by assets.
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De Nederlandsche Bank in Amsterdam ING Group is one of the biggest banks in the world, and consistently ranks among the top 30 largest banks globally. With a history dating back to 1737, Van Lanschot Kempen is the oldest independent bank in the Netherlands , [ 1 ] the oldest independent bank in the Benelux [ 2 ] [ 3 ] and one of the oldest ...
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The system was conceived by the Dutch banks ABN Amro, ING Bank, Postbank N.V. and Rabobank, to develop a single system for online payments that could be used by all banks. The payment platform was opened to consumers in 2005. [citation needed] In 2006 the consortium moved the iDEAL brand to the Dutch banking organization Currence. [2]
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