ABN AMRO Bank
ABN Amro
Bank has an India
connection that goes back many centuries. The bank origin can be traced back to
March 29, 1824 when King Willem-I issued a royal decree creating the
Nederlandsche Handel-Maatschappij (NHM) with the aim of reviving trade between
the Netherlands and the Dutch East Indies. In 1964, NHM merged with De
Twentsche Bank to form Algemene Bank Nederland (ABN), while Amsterdamsche Bank
and Rotterdamsche Bank joined to become Amsterdam-Rotterdam (Amro) Bank. In
1991, these two banks merged as ABN AMRO Bank.
ABN Amro
made its entry into modern Indian retail banking relatively late and is quickly
emerging as a major foreign bank in India.
It is
active in various retail banking products such as personal loans, credit cards,
savings accounts, financial planning, investment and insurance services. ABN
Amro India
was recently named 'Sustainable Bank of the Year in the Emerging Markets
category' at the annual Sustainable Banking Awards ceremony held by Financial
Times of London.