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| Abn Amro Private Bank holds the credo "Your hopes and goals, our guidance and support", this substantial private bank promises first to listen to each and every client on an individual basis and provide the correct approach to the individuals specific needs for protection and growth of financial character. |
| The Bank promises to understand a complete profile of their individual clients, understanding their lifestyles, their professional standing, their personal goals, their family's infrastructure and history, a portrait of the client's niche within the world's landscape. The approach is holistic understanding the client's dreams, goals and needs, understanding the client's family and understanding the envisioned future. |
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Abn Amro Private Bank
1 Raffles Quay, South Tower, 25th Floor
Singapore
048583
Tel : 65 6518 8866
Fax : 65 6518 5200
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| Singapore is an island located at the southern tip of the Malaysian peninsula. Initially founded as a British trading colony in 1819, it developed into an important strategic trading post for the British Empire in the 19th and 20th century. The wave of decolonization following the Second World War led to Singapore joining the Malaysian Federation for a brief period of two years, where after it gained independence as the Republic of Singapore in 1965. |
| Private banking for high net worth clients is one of the fastest growing segments of Asia's financial services industry. Private wealth in Asia grew 10.5% last year to $8,400bn, the number of Asians with liquid assets worth more than $1m grew 8.3% to 2.6m last year. The growth is fuelled due to the fact that the regions millionaires are choosing to place their funds with private banks rather than tying up their wealth in property. |
| In just four decades following independence, Singapore has developed into one of the world's most prosperous countries. It is highly praised for its stable political and economic climate, pro-business environment, excellent infrastructure and highly skilled workforce. Its geo-strategic location in the midst of the booming Asian economies offers access 500 million people in the South-East Asian market and the 2.8 billion strong Asian market. |
| Singapore has become haven for many private-banking giants in less than a decade. Six years ago, Singapore took steps to build a critical mass in wealth management and put itself far ahead of competitors such as Hong Kong. It beefed up account secrecy protection, changed its trust laws and allowed foreigners who meet minimum wealth requirements to purchase land and become permanent residents. |
| ABN AMRO offers a personalized service, delivered through clients own Private Banker. A dedicated banker works with the client understanding long-term goals and translates them into clear financial objectives. ABN AMRO realises that personal circumstances are likely to change over time. So Personal Financial Plans will be built on wealth management solutions robust and flexible enough to withstand regular fine-tuning. |
| For decades, Abn Amro Private Banking has been at the heart of the ABN AMRO Group. ABN AMRO strives to make more possible for select Private Banking clientele, drawing on the combination of a mature local presence in over 13 countries worldwide, backed by the strength of a truly global banking group. |
| The private banking business in Singapore is forecast to grow by more than 30 per cent this year and by 25-30 per cent over the next three years. Singapore is now the world's number two private banking centre, albeit well behind Switzerland. |
| In just four decades following independence, Singapore has developed into one of the world's most prosperous countries. It is highly praised for its stable political and economic climate, pro-business environment, excellent infrastructure and highly skilled workforce. Its geo-strategic location in the midst of the booming Asian economies offers access 500 million people in the South-East Asian market and the 2.8 billion strong Asian market. |
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