Granting of banking licence to ABN AMRO Bank N.V.

The Hong Kong Monetary Authority announced today (Wednesday) that the Monetary Authority has granted a banking licence to ABN AMRO Bank N.V. (ABN AMRO) under the Banking Ordinance. The granting of this banking licence took effect on 17 March 2010.

ABN AMRO is a bank incorporated in the Netherlands.

After the granting of a banking licence to ABN AMRO, the number of licensed banks in Hong Kong has increased to 146.

For further enquiries, please contact:
Peggy Lo, Manager (Communications), at 2878 1687 or
Yokee Wong, Manager (Communications), at 2878 1213

Hong Kong Monetary Authority
17 March 2010