CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which company has acquired 75% stake of Dutch bank?
A
Accenture
B
Wipro
C
Infosys
D
TCS
Explanation: 

Detailed explanation-1: -Global software major Infosys on Friday said it has completed the acquisition of majority (75 per cent) equity stake in the Stater N.V. subsidiary of the Netherlands-based ABN AMRO Bank .

Detailed explanation-2: -The current ABN AMRO started in 2010 with the merger with Fortis Bank Nederland, after Fortis, Royal Bank of Scotland and Banco Santander bought ABN AMRO in 2007 and afterwards split up the bank in parts.

Detailed explanation-3: -ABN AMRO is a personal bank in the digital age. A bank committed to playing a serious role in society. This digital age helps us to bring banking ever closer to our clients and what they need. Our areas of focus are inclusion, sustainability, social entrepreneurship, innovation, daily banking and more.

Detailed explanation-4: -ABN AMRO supports clients in the Netherlands and abroad with its banking expertise, specialist sector knowledge and selective international network. Our primary focus for offering banking services and products is on Northwest Europe.

There is 1 question to complete.