Granting of banking licence to ABN AMRO Bank N.V.
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The following is issued on behalf of the Hong Kong Monetary Authority:

     The Hong Kong Monetary Authority announced today (March 17) 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 March 17, 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

Ends/Wednesday, March 17, 2010
Issued at HKT 16:31

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