ABN AMRO joins mortgage activities
Spent: 22 March 2005,14:15
Last modified:
22 March 2005,15:46
AMSTERDAM - ABN AMRO adds its mortgage activities and that
of its complete subsidiary company construction fund together. As a result,
arise according to the bank on two after largest mortgage company
in the Netherlands. That ABN AMRO has announced Tuesday.
The measure must produce a mortgage company with more
battle strength ' and ' with a large potential for further
profitable increase in the mortgage market, thus the bank.
The new company is categorised at the component
Business Unit the Netherlands of ABN AMRO. The plans for
aggregation is more closely developed the coming period.
spokesman of the bank could predict still nothing concerning the impact
the employment.
According to the bank the current mortgage labels continue exist. That
also applies to the distribution channels. By the aggregation of
mortgage activities are possible construction fund, of larger
well ventures of the Netherlands, concentrate on its
main activities. The subsidiary company is nationally and
internationally active in developing, financing and manage
of vastgoed.
(c) DUTCH PRESS AGENCY
Source "ABN AMRO joins mortgage activities": now.Netherlands
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