ABN AMRO South Africa is a full branch of ABN AMRO Bank N.V. and started business in 1995. In line with global trends in the banking sector, the bank has realigned a number of its operations in recent years and made a conscious decision to target those countries with selected products where we can add real value.
ABN AMRO remains totally committed to developing its South African operations with a stated aim of becoming a most-trusted value added bank to its chosen clients. As we are a branch of ABN AMRO Bank NV, we share its strong credit rating.
We focus on the Corporate and Institutional Banking market to whom we provide specialised financial solutions. Our chosen target market of clients includes:
- Top South African companies, particularly those with international activities;
- Multinational inbound corporations with a presence in South Africa;
- Consumer/mid market clients;
- Parastatals; and
- Financial institutions.
In addition, we have a dedicated International Diamond and Jewellery desk that focuses on the locally based clients.
Our strength in South Africa is our ability to combine a local presence with the Bank's international network, sector and product expertise, including
structured lending facilities,
treasury products,
correspondent banking,
trade finance and
cash management.
We have in the past been awarded the Golden Arrow award for the "Best Foreign Bank in South Africa" as voted by the finance directors of 100 multinationals. Additionally, we were awarded the Golden Arrow award as the "Best Foreign Bank with a Branch in South Africa". ABN AMRO South Africa has the local origination and relationship expertise backed by a global network to ensure that it is capable of meeting our local clients' requirements.
From a BEE perspective ABN AMRO South Africa fully subscribes to the financial sector charter.