Algemene Bank Nederland (Dutch: ABN AMRO) Is One Of The Largest Multinational Financial Institution Groups In The Netherlands, With Branches Around The World. Algemene Bank Ranks Among The Top European Banks In Terms Of Size And Economic Strength.
The Head Office Of Algemene Bank Is Located In Zuidas, Amsterdam. The Headquarters Building Is 105 Meters High, Making It The Tallest Building In The Zuidas Region. At The Same Time, The Head Office Is Also One Of The Main Driving Forces For The Economic Development Of The Zuidas Region.
The Official Logo Of Algemene Bank Is The Capital Letters "ABN AMRO". At The Same Time, Most Dutch Newspapers Use The Spelling "ABN Amro" To Represent Algemene Bank.
In 1824, King William I Of The Netherlands Established Nederlandsche Handel-Maatschappij/NH M By Royal Resolution. The Company Merged With Twentsche Bank In 1964 To Form Algemene Bank Nederland/ABN. In The Same Year, Amsterdamsche Bank Merged With Rotterdamsche Bank To Form Amsterdamsche En Rotterdamsche Bank/AMRO Bank. Ultimately, The Two Banks, ABN And AMRO, Were Restructured And Merged Into ABN AMRO Bank In 1991.
On April 23, 2007, Algemene Bank And Barclays Bank Of The United Kingdom Announced An Agreement For Barclays Bank To Acquire Algemene Bank. However, This Decision Was Replaced In October 2007 By The Royal Bank Of Scotland, Fortis Bank, And Banco Santander, Which Announced Plans To Acquire Algemene Bank For $101 Billion. The Main Reason Was That The New M & A Group, In Addition To The Increase In The Acquisition Price, Increased Its Cash Payment Ratio From The Original 79% To 93%. Therefore, It Was Supported By Shareholders Who Held 86% Of Algemene Bank's Shares, And Finally Defeated The Competition Of The British Barclays Bank. Fortis Bank's Shares Were Sold To The Dutch Government.
In October 2007, Royal Bank Of Scotland Joined Forces With The RFS Holding Consortium Composed Of Fortis Bank And Spain's Banco Santander To Acquire The 186-year-old Algemene Bank. But The Acquisition Was Not Completed Before The Global Financial Crisis.
In October 2008, The Dutch Government Acquired The Shares Of Algemene Bank Owned By Fortis Bank And Replaced Fortis Bank As One Of The Equity Holders Of RFS Holding. Since Then, RFS Holding Has Split Algemene Bank: Algemene Bank's Dutch Local Business, Global Private Banking Business, Asset Management Business, And Algemene Bank Brand Are All Owned By The Dutch Government "New Algemene Bank". Algemene Bank's International Wholesale Business, Investment Banking Business, And Retail And SME Business In Asia Pacific Belong To Royal Bank Of Scotland.
On April 1, 2010, Algemene Bank Announced That The Dutch Government Had Acquired The Algemene Bank Business, Which Was Legally Separated From Royal Bank Of Scotland. Algemene Bank Broke Away From The Royal Bank Of Scotland Group, And Algemene Bank Is Now An Independent Bank Wholly Owned By The Dutch Government And Supervised By The Dutch Central Bank. In The Second Half Of The Same Year, Algemene Bank Merged With Fortis Bank, Which Is Also Controlled By The Dutch Government. The Merged Bank Was Called "Algemene Bank". This Is A Follow-up To The Largest Merger In Banking History In 2007.
Taiwan
ABN AMRO Bank's Financial Code In Taiwan Is 039, And ABN AMRO Bank Generally Accepts All Assets And Operations Of Tai Tung District SME Bank (financial Code: 057) Except For Retained Assets And Retained Liabilities On September 22, 2007 As The Base Date.
- 1973 Continental Illinois National Bank And Trust Company Of Chicago Established A Branch In Taiwan
- 1980 Algemene Bank Established A Branch In Taiwan Under The Name Hollandse Bank Unie (HBU)
- 1984 Algemene Bank Established A Branch In Taiwan
- 1987 Hollandse Bank Unie Was The First Foreign Bank To Open A Branch In Kaohsiung
- 1988 Hollandse Bank Unie Acquired Continental Illinois National Bank And Trust Company Of Chicago
- 1991 HBU Bank ( Hollandse Bank Unie And AMRO Bank Taipei Branch Merged ABN Bank And AMRO Bank Merged
- In 1993, HBU Bank Unie Changed Its Name To ABN AMRO Bank
- In 1998, ABN AMRO Bank Established A Branch In Taichung And Opened A Consumer Finance Business In Taipei And Kaohsiung
- In 1999, ABN AMRO Bank Acquired Bank Of America's Consumer Finance Business In Taiwan And Established A Songshan Branch
- In 2002, ABN AMRO Bank Established A Banqiao Branch
- On June 8, 2007, ABN AMRO Bank Acquired Taiwan's Tai Tung District S ME For NT $6.80 Billion 99.99 Million All Assets And Operations Of The Bank Except Retained Assets And Retained Liabilities.
- On September 22, 2007, The Operation Rights Of Tai Tung District SME Bank Were Officially Assumed By ABN AMRO Bank In General.
- November 2008 ABN AMRO Bank Changed Its Name To Royal Bank Of Scotland Group (RBS Group)
- April 17, 2010 ABN AMRO Bank Taiwan Business, Sold To ANZ Group, And Completed The Merger And Acquisition. On The Same Day, It Was Renamed ANZ Bank, And Was Officially Listed For Operation In Taiwan. The Official External Business Day Was April 19.
Hong Kong March 17, 2010, HKMA Announced That The Monetary Authority Has Granted A Banking License To ABN AMRO Bank Under The Banking Ordinance, Effective On The Day Of The Announcement.
