ABN AMRO completes acquisition of NIBC
Netherlands, Aug. 4 -- ABN AMRO has successfully completed the acquisition of NIBC. With all closing conditions fulfilled, including regulatory approvals, the acquisition marks an important step in ABN AMRO's strategy. It strengthens ABN AMRO's banking activities, reinforcing its position in the Dutch retail market. In the coming period, NIBC and ABN AMRO will take the next steps towards integration.Strengthening the mortgage and savings portfolioThe acquisition is fully aligned with ABN AMRO's strategy. Together, NIBC and ABN AMRO will increase the scale of ABN AMRO's position in the Dutch mortgage market, while also enhancing its presence in the savings markets of the Netherlands, Germany and Belgium. In addition, the transaction will fur...
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