ABN Amro Group Value Stock - Dividend - Research Selection
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Description of the company
ABN AMRO Group N.V. provides various banking products and services in the Netherlands and internationally. It operates through Retail Banking, Commercial Banking, Private Banking, and Corporate & Institutional Banking segments. The Retail Banking segment offers banking products and services, including labelled residential mortgage products under the Direktbank, Florius, and Moneyou names; and consumer loans under the Alpha Credit Nederland, Credivance, Defam, and GreenLoans names. It also issues, promotes, manages, and processes credit cards; and provides revolving credit card facilities and pension schemes, as well as Internet banking services for savings accounts and mortgages. This segment serves individuals and small businesses. The Commercial Banking segment offers asset-based solution, including equipment leases and finance; and working capital funding on debtors and inventory to business clients and clients in the commercial real estate industry. The Private Banking segment provides private banking and private wealth-management-related services under the ABN AMRO MeesPierson, ABN AMRO Private Banking, Banque Neuflize OBC, and Benthmann Bank names. It also provides customized solutions focused on unit-linked contracts. The Corporate & Institutional Banking segment offers loan products, such as structured finance, and trade and commodity finance; flow products; and specialized products comprising clearing and private equities to business clients. The company also provides administrative services for mortgage loans. ABN AMRO Group N.V. was incorporated in 2009 and is headquartered in Amsterdam, the Netherlands.