Company Profile - ABN Amro Holding N.V.
Foppingadreef 22
1102 BS Amsterdam
The NetherlandsPhone: 31-20-628-9393
Fax: 31-20-629-9111
Website: www.abnamro.com
Ticker Symbol: ABNKey Facts
Ranks as the tenth-largest bank in Europe and 22nd in the world in terms of tier capital.
Truly global reach—ABN Amro listed on several exchanges, including the Amsterdam, London, and New York Stock Exchanges.
Key Financial Facts
2001 revenue: $39,001 million 1-yr. growth rate: -12 percentPersonnel Highlights
Number of employees: 112,206 1-yr. growth rate: -3 percent
Company Overview
ABN Amro traces its roots to 1824, when King William I of The Netherlands issued a Royal Decree to establish Nederlandsche Handel-Maatschappij (Netherlands Trading Society) in Amsterdam, with outreach to China, Singapore, and the Dutch East Indies (Indonesia). The company survived World War II and a cascading series of mergers in the 1960s.Today, ABN Amro is a top European bank ranked 22nd among all banks worldwide. Held by its parent company, ABN Amro Holding N.V., ABN Amro provides universal full-service banking services, with a concentration on consumer and commercial clients, private clients and asset management, and wholesale clients. <
Apart from its balance sheet size, ABN Amro has a large international network virtually unmatched by any other bank. Customers include national and international corporate clients as well as personal and private banking customers. Present in 60 countries and territories, the bank and its subsidiaries have more than 3,400 global offices.
In the late 1970s, acquisition of LaSalle National Bank (LNB), the sixth-largest bank in Chicago, brought ABN firmly into the U.S. Midwest. In the 1990s, ABN Amro continued to acquire financial institutions in North America, including Talman Home Federal Savings and Loan Association of Chicago, Cragin Federal Bank for Savings in Chicago, Home Savings of America in Chicago, ChiCorp, Inc. (parent company of Chicago Corporation), Comerica Bank-Illinois, Inc., Columbia National Bank of Chicago and Sage Clearing Limited Partnership, EAB (European American Bank) of Long Island, New York, and Standard Federal Bank of Troy, Michigan, in 1997.
With the takeover of EAB and Standard Federal, ABN Amro gained a foothold in the New York metropolitan area, New Jersey, Connecticut, Michigan, Indiana, Northwest Ohio, and Illinois. ABN Amro also has a major presence Southeast Asia, India, and Brazil.
Major Line of Business : Commercial Banking, Financial Services
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