ABN AMRO BANK OPENS 5TH SUBBRANCH IN SHANGHAI

AsiaInfo Services, November, 2007

AsiaInfo Services 11-19-2007 ABN AMRO Bank Opens 5th Subbranch in Shanghai SHANGHAI, Nov 19, 2007 (SinoCast via COMTEX) -- ABN AMRO Bank (China) Co., Ltd., the China-incorporated subsidiary of the Holland-based financial giant ABN AMRO, announced that its fifth subbranch in Shanghai started serving on November 15, 2007. Located in Gubei District, where a great number of foreigners cluster together, the new outlet turned into ABN AMRO's 13th Van Gogh Preferred Banking Center, a business office focusing on upscale financial services, in China.

By far, the foreign lender has set up 18 outlets across the nation. "For the moment, we have no plan to further quicken up the expansion in the country," said Linda Wong, CEO and president of ABN AMRO China. "We have not...

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