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ABN AMRO to leverage technology to enhance service levels and reach out to a broader customer base
- United Arab Emirates: Wednesday, March 16 - 2005 at 08:27
- PRESS RELEASE
ABN AMRO has initiated a concerted campaign to make banking transactions and financial solutions more convenient and easily accessible for its customers and clients across the UAE.
Speaking at the unveiling of its offsite ATM at Deira City Centre, Burhan Khan, Head of Consumer Banking, ABN AMRO said: "We have always been the first in the region to bring out innovative and customized financial solutions. ABN AMRO will now be at the forefront of efforts to make banking transactions more convenient for its customers by integrating technology, simplifying transaction modes and service delivery logistics."
He added, "We are committed to offering innovative financial solutions and also providing technology-driven services to fully meet the needs and aspirations of our customers. The launch of today's first offsite ATM marks the beginning of a new initiative to extend coverage across the UAE and bring our electronic banking services literally to the finger-tips of our customers".
ABN AMRO became the only bank to win this year's Dubai Quality Appreciation programme, which is recognition of its continuous drive for quality and business excellence. ABN AMRO's customers have the advantage of dealing with a global bank that offers a broad range of facilities, expertise and understanding, tempered with expert local knowledge which goes into effectively maximizing their investment portfolio.
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Netherlands-based ABN AMRO is a leading international bank with total assets of EUR 608.6 bln (as at 31 December, 2004). It has over 3,000 branches in more than 60 countries and territories, and has a staff of about 100,000 full time equivalents worldwide. ABN AMRO is listed on the Euronext and New York stock exchanges.ABN AMRO operates through three Strategic Business Units, each responsible for managing a distinct client segment. Wholesale Clients provides integrated corporate and investment banking services to corporate, institutional and public sector clients worldwide. Consumer & Commercial Clients focuses on retail and SME clients in three home markets - the Netherlands, the US Midwest and Brazil and in a number of selected growth markets. Private Clients & Asset Management provides private banking services to wealthy clients and investment products to financial intermediaries and institutional clients.
ABN AMRO's Wholesale Clients Strategic Business Units provides integrated corporate and investment banking solutions to corporate, institutional and public sector clients in about 50 countries. WCS is structured in three Business Units (BUs)-Global Markets, Global Clients and WCS Services. Global Markets comprises of Fixed Income, Equities, FX & Futures, Commercial Banking and Private Equity. Global Clients comprises advisory specialists serving Corporate clients and Financial Institutions and Public Sector (FIPS) clients, as well as the Corporate Finance business and Origination specialists from Fixed Income and Equity Capital Markets. WCS Services provides back office and support services.
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Posted by Anne-Birte Stensgaard, Senior News Editor
