On 15 April 2010, the Managing Boards of ABN AMRO Bank N.V., Fortis Bank (Nederland) N.V. and ABN AMRO Group N.V. filed a merger proposal with the Amsterdam Chamber of Commerce. Under this proposal, Fortis Bank (Nederland) N.V. will disappear as a legal entity and be absorbed into ABN AMRO Bank N.V. This proposal is a formal step in the process of the actual legal merger, which is planned for the second half of 2010.
The proposal for the legal merger is posted on the ABN AMRO (www.abnamro.com) and Fortis Bank Nederland websites. The full legal merger documentation is available for consultation at the Amsterdam Chamber of Commerce.
ABN AMRO Group N.V.
On 1 April 2010, ABN AMRO Bank N.V. (ABN AMRO Bank) and Fortis Bank (Nederland) N.V. (Fortis Bank Nederland) were transferred to a new holding company, ABN AMRO Group N.V., wholly owned by the Dutch State. Both banks are now under one roof and are proceeding to legal merger.
The two banks will operate as independent entities, with their own banking licences, until the legal merger has been effected. As of 1 April 2010 the Managing Boards and the Supervisory Boards of the holding company and the two banks consist of the same members. After the legal merger the two banks will combine their activities and operate as a single bank under the name of ABN AMRO Bank N.V.
For more information, please contact:
ABN AMRO Group Press Office
+31 20 6288900
ABN AMRO Group Investor Relations
+31 20 3830517