ABN AMRO wants mortgages by means of commission agent
Spent: 16 June 2005 09.25 last modified: 16
June 2005 09.35 AMSTERDAMS - after a period of four years wants bring
its mortgages to ABN AMRO by means of commission agents to the man.
This way the bank has decreased market share hopes repair.
A spokesman of ABN AMRO has confirmed that Thursday. In
2001, the bank stopped sale of mortgages under the label ABN AMRO by
means of the intermediairs. The commission agents could only
offer construction fund to the mortgages of STANDARD EDUCATED DUTCH
Amro-dochter. The measure unpacked for the mark ABN AMRO badly.
The market share walked back in the following years of 15 up to
6.5 percent. The last six-month period the market share has run,
thanks to a medium campaign, up to 7.5 percent. construction
fund sits on a market share of 6.5 percent. Research has shown
that sale can the turnover increase by means of intermediairs further,
thus the spokesman. The mortgages of ABN AMRO and construction
fund can according to the study well beside each other exist without
they ' eat ' each other. ABN AMRO decided its own join mortgage
activities in March with those of construction fund. The
combination is well for in size the third mortgage company of the
Netherlands. Rabobank have followed at present market LEADER in
mortgages, by ING (mail bank, national The Netherlands, ING bank).
ABN AMRO hopes have agreed concerning the herintroductie of the
sale canal within some months with the large intermediairs (the
Hypotheker, the mortgage hops). We zoeken at present
cooperation. That is a question of to talk and win faith, the
zegsman explains. Points which must be developed still further,
are the bonussen and provision structures for the commission agents
and the product parcel which wants intermediairs. (c) DUTCH
PRESS AGENCY
Source "ABN AMRO wants mortgages by means of commission agent": nu.nl
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