ABN AMRO is the largest bank in the Netherlands and has operations all over the world.
ABN AMRO ranks 11th in Europe and 23rd in the world based on tier 1 capital, with over 3,000 branches in more than 60 countries, a staff of about 110,000 full-time equivalents and total assets of EUR 639.9 billion (as at 31 March 2004).
ABN AMRO was created by the merger between ABN Bank and Amro Bank on 22 September 1991 in Amsterdam. The date of incorporation of ABN AMRO is 29 March 1824 in the Hague. On that day Nederlandsche Handel-Maatschappij (Netherlands Trading Society, NTS) was established by Royal Decree of King Willem I. With effect from 3 October 1964 after the merger with Twentsche Bank, NTS changed her name to Algemene Bank Nederland (ABN Bank). After the merger with Amro Bank in 1991, ABN changed its name to ABN AMRO.
ABN AMRO Bank's Corporate Values provide the foundation for the bank's Business Principles. Their values and principles also help them on their journey to sustainable development. By living according our defined Corporate Values and Business Principles they can meet the needs of their organisation and stakeholders today, thus protecting, sustaining and enhancing human, natural and financial capital for the future.
Integrity: Above all, they are committed to integrity in all that they do, always, everywhere.
Teamwork: It is the essence of their ability to succeed as a trusted preferred supplier of financial solutions to their clients. Their overriding loyalty is to the good of the whole organisation. They learn from each other and share their skills and resources across organisational boundaries for their clients' benefit and their own.
Respect: ABN AMRO Bank respect every individual. They draw strength from equal opportunity and diversity, at the same time supporting personal growth and development. ABN AMRO Bank value and all benefit from the entrepreneurial spirit of each individual.
Professionalism: ABN AMRO Bank is committed to the highest standards of professionalism, they pursue innovation, they deploy imagination, they are open to new ideas and they act decisively and consistently. ABN AMRO Bank is determined to deliver outstanding quality so that their relationships with their clients will be long lasting and close.
These Business Principles are:
Business Principles alone are not the answer to every problem, but they do challenge them to translate their spirit into their daily practice and shift their horizons beyond short-term profit to long-term value creation through sustainable development.