Fortis completes rebranding as ABN Amro
On July 1, Dutch bank ABN Amro completed its takeover of parts of the Benelux bank Fortis, rebranding Fortis Bank Global Clearing as ABN Amro Clearing Bank. The Amsterdam-based clearing house has now become a fully owned ABN Amro subsidiary; Fortis Bank Netherlands and Fortis Global Custody Services have also merged with their counterparts at ABN Amro.
Both ABN Amro and Fortis are controlled by the Netherlands government, which owns 100% of ABN Amro Bank and 97% of Fortis Bank Netherlands
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