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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
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]
ABN then merged with AMRO Bank to form ABN AMRO in 1991, and in 1992 Mees & Hope subsequently merged with AMRO's investment banking arm, Pierson Heldring & Pierson, to form MeesPierson. In 1997, MeesPierson was acquired by Fortis Group , then nationalized in 2008 by the Dutch government together with Fortis Bank Nederland , which in 2009 was ...
Amsterdamsche Bank was established on 5 December 1871 by a group of mainly German investors led by the Bank für Handel und Industrie (Darmstadt), in the context of German financial expansion following its victory of the Franco-Prussian War. It expanded rapidly from its base in Amsterdam to other cities in the Netherlands.
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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