(8 March 2019 – Australia) Dutch bank ABN AMRO has opened a branch in Sydney after receiving approval for a banking licence in October last year.
Peter Davis will service as country executive for the bank’s Australia operations.
In a statement to announce the Australia business, Rutger van Nouhuijs, CEO Corporate & Institutional Banking at ABN AMRO, said “ABN AMRO’s clients already do business in Australia with four out of five of its largest trading partners located within the region accounting for almost half of its total exports. With the Sydney branch, ABN AMRO offers these clients on-the-ground expertise and services supported by access to a global sector bank.”