ABN AMRO BANK N.V.

Company Description

ABN AMRO is the third-largest bank in the Netherlands, providing retail banking, private wealth management, and corporate banking services. The bank serves millions of Dutch consumers with everyday banking needs like mortgages, savings accounts, and payment services, while also operating a significant private banking business serving wealthy clients across 14 countries. The bank has a particularly strong position in the Dutch mortgage market, increasing its share of new mortgage production from 16% in 2023 to 19% in 2024. Its corporate banking division specializes in energy, commodities, and transportation finance, playing a major role in international trade. The private banking arm manages over €250 billion in assets for high-net-worth individuals. ABN AMRO was originally formed in 1991 through the merger of Algemene Bank Nederland (ABN) and Amsterdamsche en Rotterdamsche Bank (AMRO). The bank was acquired and broken up in 2007 during one of history's largest banking takeovers, then nationalized and reconstructed during the 2008 financial crisis. The Dutch government gradually reduced its stake from 100% following the bank's 2015 IPO, reaching 20% by late 2025. With approximately 32,000 employees (mostly in the Netherlands) and total assets of €385 billion, ABN AMRO is expanding through strategic acquisitions. In 2025, the bank announced the purchase of Dutch lender NIBC Bank for €960 million and German private bank Hauck Aufhäuser Lampe. The bank is committed to sustainability, targeting over €10 billion in renewable energy financing by 2030.