ABN Amro buys Pakistan bank
ABN Amro, the Dutch banking giant, announced today that it has paid 13.8bn PKR (€173m) for a 93.4% stake in the Pakistan Prime Bank. ABN Amro is also making an offer of 54 PKR per share for the remaining shares.
The takeover will make the Dutch bank the second largest foreign bank in Pakistan, with joint assets of €1.547m.
Thank you for donating to DutchNews.nl.
We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.
Make a donation