Search results
Results from the WOW.Com Content Network
ABN AMRO Bank N.V. is the third-largest Dutch bank, [5] with headquarters in Amsterdam.It was initially formed in 1991 by merger of the two prior Dutch banks that form its name, Algemene Bank Nederland (ABN) and Amsterdamsche en Rotterdamsche Bank (AMRO Bank).
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.
Algemene Bank Nederland merged into ABN AMRO in 1991; AMRO Bank merged into ABN AMRO in 1992; Amsterdamsche Bank merged into AMRO Bank in 1964; Fortis Bank Nederland merged into ABN AMRO in 2010; Rotterdamsche Bank merged into AMRO Bank in 1964
ING Group is the largest with 40% of current accounts, followed by Rabobank (30%), ABN AMRO (20%), and others (10%). [19] The Rabobank Group currently consists of the following divisions: [citation needed] Rabobank Nederland – the facilitary and staff organisation that serves the local banks. It currently performs the following core activities:
Algemene Bank Nederland (ABN, "General Bank of the Netherlands") was a Dutch bank that was created in 1964 through the merger of the Netherlands Trading Society (Dutch: Nederlandsche Handel-Maatschappij, NHM, est. 1824) with the Twentsche Bank (TB, est. 1861). [1]
www.ideal.nl iDEAL is an e-commerce payment system used for online banking in the Netherlands . Previously controlled by the Dutch e-commerce organization Currence since 2006, the company became owned by the European Payments Initiative (EPI) from October 2023.
On November 1, 2007, an extraordinary shareholder meeting was held to change ABN AMRO's management. Mark Fisher from RBS took over as CEO. At that meeting the consortium stated that 97% of all shares were in their hands. Fortis would use the ABN AMRO brand name for Fortis's retail banking operations in the Netherlands.
In 2004, ABN-Amro sold LeasePlan Corporation to a consortium consisting of the Volkswagen Group (50%), The Olayan Group (25%), and Mubadala Development Company (25%). In 2009 German Metzler Bank took over the shares of the latter two companies. [7] [8] In 2012 LeasePlan acquired the Italian car leasing activities of BBVA. [9]