ABN AMRO launches 17th branch in India

Mumbai:
08 September 2004

The branch, located in Mumbai's premier suburb of Juhu offers both 'Van Gogh preferred banking' and 'general banking' in the same premises. This branch is equipped with an exclusive 24 hour electronic banking area, which includes 24 hour ATM services and bank-by-phone.

This branch also features an exclusive full service Van Gogh preferred banking lobby and will offer customers relationship banking access, advice and service of international standards in both personal and business banking.

Speaking on the occasion, Romesh Sobti, executive vice president and country head (India), ABN AMRO Bank N. V., said, "Our branch expansion in Mumbai is in-line with our strategy to bring superior banking experience closer to our customers. Since we have a large part of our client base residing in Juhu, the proximity of our branch will add to their convenience and our products and services will make banking a more pleasurable experience for all segments of our customers located in that area."

Nitin Chopra, executive vice president and head, consumer banking (India), ABN AMRO Bank, said, "The ABN AMRO branch in Juhu features an exclusive lobby for Van Gogh preferred banking customers and a full service lobby general banking customers. This state-of-the-art design is contemporary and transparent, the values we reflect in the way we work and in our commitment to offer convenience, user-friendly products and services that will make banking a refreshing experience for customers in Juhu and its neighbourhood."

The launch of the ABN AMRO Bank Juhu branch takes the total tally of ABN AMRO Bank branches in India to 17.

The Netherlands-based ABN AMRO is a leading international bank with total assets of EUR 639.9 Bln (as of 31 March 2004). It has over 3,000 branches in more than 60 countries and territories and has a staff of about 110,000 full-time equivalents worldwide. ABN AMRO is listed on the Euronext, London and New York stock exchanges.