Published On: Thu, Jul 11th, 2013

ABN Amro departs from Curacao

AMSTERDAM - Hoofdkantoor ABN-Amro aan de Zuidas. ANP PHOTO RICK NEDERSTIGTWILLEMSTAD – ABN Amro leaves the Caribbean parts of the Netherlands. End of this year the last bank, which is a MeesPierson branch on Curaçao, will be closed down. This is according to the ABN Amro on Thursday. According to the bank, the branch no longer fits in the strategy of the company. ABN Amro wants to focus now on the financial services to individuals on the continents of Europe and Asia. In addition, the scale and growth opportunities on the island are limited.

The MeesPierson facility in Curaçao was founded in 1952 and currently has 43 employees. There is a social plan for them. The approximately 1,100 depositors of the bank in Curacao may continue with their banking activities through offices in Europe or Asia. Otherwise they will have to switch to a local bank. According to a spokeswoman, most ABN customers on the island of Curaçao are locals. The number of Dutch savers who have a second home in Curacao, are limited.

ABN Amro is, in their own words, the last major Dutch bank on Curaçao. Initially ABN left the West Indies in 2005, but got an office in Curaçao again in 2008 after the merger with Fortis.

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