ABN AMRO looks at retail

Dutch banking group ABN AMRO has strategically decided to expand its operations on the Romanian market, from the corporate services to certain segments of the retail market. “ABN AMRO Bank Romania will start focusing on the consumer lending in the first half of the year,” the bank’s president Henk Mulder told Ziarul Financiar. The main reason for this approach is that ABN needs an expansion strategy, to benefit from the growing economy. “The development of new business segments, mainly in the consumer finance sector, as well as a higher complexity degree of the corporate products will fuel growth,” Mulder says. ZF