Banks of the Netherlands; Fortis, Ing Group, Abn Amro, Rabobank, Hope

9781155159324: Banks of the Netherlands; Fortis, Ing Group, Abn Amro, Rabobank, Hope

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Pages: 43. Chapters: Defunct banks of the Netherlands, Fortis, ABN AMRO, ING Group, Rabobank, Hope & Co., Bank of Amsterdam, ABN AMRO Group, Algemene Bank Nederland, Netherlands Trading Society, Van Lanschot, AMRO Bank, Nationale Handelsbank, Bank Mendes Gans, Hollandsche Bank-Unie, Netherlands Development Finance Company, De Nederlandsche Bank, Triodos Bank, DSB Bank, BinckBank, SNS Reaal, Bank Nederlandse Gemeenten, NIBC Bank, Postbank N.V., Van der Hoop Bankiers, List of defunct banks of the Netherlands, Friesland Bank, SNS Bank, ASN Bank, Fortis Bank Nederland, Kempen & Co, Amsterdam Trade Bank, MeesPierson, Amstelbank, Scheurleer & Zoonen, Bank of Scotland. Excerpt: Fortis N.V./S.A. was a company active in insurance, banking and investment management. In 2007 it was the 20th largest business in the world by revenue but after encountering severe problems in the financial crisis of 2008, most of the company was sold in parts, with only insurance activities remaining. The Benelux countries were Fortis' home base and its strength. Fortis' banking operations included network (retail), commercial, and merchant banking; its insurance products included life, health, and property/casualty lines. Products were sold through independent agents, brokers and financial planners, and through branches of Fortis Bank. It was listed on the Euronext Brussels, Euronext Amsterdam, and Luxembourg stock exchanges. The company was broken up after having critical difficulty financing its part of a joint acquisition of ABN AMRO (as a member of a consortium which also included Royal Bank of Scotland Group and Banco Santander). After receiving a bailout from the Benelux governments, its Belgian banking operations were sold to BNP Paribas, while its insurance and banking subsidiaries in the Netherlands were nationalised by the Dutch government and renamed ABN A...

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