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Fortis Bank Nederland (formally Fortis Bank Nederland (Holding) N.V.) was a bank in the Netherlands until 2010. The holding came into being within Fortis Group, as a holding for those Dutch banks taken over by Fortis. In September–October 2008, the Dutch government first planned to invest €4 billion in exchange for an almost 50% interest in ...
The bank was created in May 2009 after BNP Paribas acquired 75% of the Belgian Fortis Bank from the Federal Participation and Investment Company. It was formerly, together with Fortis Bank Nederland, the banking arm of the financial institution Fortis.
At the current share price, this would represent €160 million worth of shares, but the implementation of the contract is not straightforward, as shares of Fortis Bank Nederland are involved. At the time the contract was drawn up, that was a non-issue as Fortis Bank held all the shares of Fortis Bank Nederland, but it is less clear now. [191]
Fortis Bank Nederland head office in Utrecht, 2008. ABN AMRO had come to a crossroads in early 2005. The bank had still not come close to its own target of having a return on equity that would put it among the top five of its peer group, a target that the CEO, Rijkman Groenink had set upon his appointment in 2000. From 2000 until 2005, ABN AMRO ...
De Nederlandsche Bank in Amsterdam ING Group is one of the biggest banks in the world, and consistently ranks among the top 30 largest banks globally. With a history dating back to 1737, Van Lanschot Kempen is the oldest independent bank in the Netherlands , [ 1 ] the oldest independent bank in the Benelux [ 2 ] [ 3 ] and one of the oldest ...
On June 23, 1999, all the Fortis banking companies merged, but the merger was not seen on the streets until March 21, 2000, when the name Fortis Bank was henceforth used. [7] Fortis Bank was created in 1999 from the merger of Générale de Banque and ASLK / CGER in Belgium, and Generale Bank Nederland, VSB Bank and MeesPierson in the ...
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