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ABN AMRO ABN AMRO is a Dutch corporation working in the financial service industry.

It was acquired in 2007 by a consortium of three European banks, Royal Bank of Scotland Group, Fortis, and Banco Santander. Before this take over, ABN AMRO had initiated a large scale acquisition scheme in Brazil in 1998. The take over of several major Brazilian banks resulted in the establishment of Banco ABN AMRO Real. This new consortium took some pioneering initiatives like the establishment of a new social-environmental policy when making decisions on loans, the creation of the Real , which provided financing for small business and entrepreneurs, and the implementation of the Ethical Fund, which was the first Social Responsible Investment fund in Brazil. These initiatives were primarily led as a first mover within the Brazilian market, and introduced in a market context with little previous experience in social banking practices. (http://www.corporates.abnamro.com/corporates/docs/country/brazil.jsp)

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