On 25 October 2012 ABN AMRO Bank N.V. announced it had reached an agreement to acquire Banco CR2 S.A., a small privately owned commercial bank based in Brazil.
The completion was subject to the satisfaction of closing conditions. These conditions have been met and as a result the acquisition of Banco CR2 S.A. was completed on 31 July 2013.
This acquisition fits with the strategy to selectively grow the existing international businesses and allows ABN AMRO to offer on-shore products authorised under Brazilian banking regulations to its existing clients in the Energy, Commodities and Transportation sector.
For further information, please contact:
ABN AMRO Press Office
+31 20 6288900
ABN AMRO Investor Relations
+31 20 6282282