ABN AMRO completes acquisition of Taitung Business Bank

ABN AMRO is pleased to announce the completion of its acquisition of the 32 Taitung Business Bank branch licenses, as announced on 8 June 2007.

Netherlands-based ABN AMRO is a leading international bank with total assets of €1,120 billion (as at 30 June 2007). It has more than 4,500 branches in 53 countries, and has a staff of more than 107,000 full-time equivalents worldwide. ABN AMRO is listed on Euronext and the New York Stock Exchange.

ABN AMRO launched its business in Taiwan in December 1980 and operates 5 branches with more than 1,300 employees currently. ABN AMRO Taiwan provides a full range of financial services in commercial banking, consumer banking, private banking, investment banking, and asset management.

Source: The Asia Banker
Date: 24.09.2007 [ID: 98]

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