Presence of ABN Amro Bank
The presence of ABN Amro Bank in India can be dated back to 1920 - having all customized and innovative products to suit the requirements of the customers. The main strategy, with which they work, is to combine a domestic banking environment with that of a global support. That is why delivering world class products and services with the best value become possible. Figures have always been interesting for ABN Amro in India. They boast of assets of more than US $504 billion along with an AA credit rating. They have also been able to gather a place among the top 10 banks in the world in terms of size and strength. The overseas banking network reveals that they have around 3,568 branches and their offices are spread across more than 320 cities and 76 countries and territories. There is more than 100,000 highly qualified staff at present associated with the company.ABN AMRO in India
Conventionally, the bank has been known as a strong diamond financing bank. With an expert team of research, sales and trading, equity capital market and M&A advisory, they have been able to be the pioneers in many banking transactions for the corporate and institutional clients.Services offered by ABN Amro Bank
- Transaction banking products
- Fixed income and foreign exchange products
- Services including sales and trading
- Fixed income origination
- Derivatives
- Structured lending
- Commodity financing
Products offered by ABN Amro Bank
- 1.Personal loans
- 2.Credit cards
- 3.Savings accounts
- 4.Financial planning
- 5.Investment and insurance services
Besides consumer banking, the bank has Van Gogh Preferred Banking which helps to create an ambience and relationship viable for the customers. Van Gogh preferred banking services offers a broad range of wealth maximization opportunities. The private banking services in India have in its offering an extensive range of portfolio advisory services.
The Microfinance program of ABN Amro Bank boasts of being the largest amongst the foreign banking peers. At present they provide their services to 26 MFIs across 16 states in India, catering to more than 390,000 customers. They receive micro financing small loans of USD 200 or less. By the end of 2009, they aim to touch a million customer base.
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