The Car and Truck Fleet and Leasing Management Magazine

ABN AMRO to Retain ABN AMRO Lease Holding

November 19, 2001

After a careful evaluation, taking into account the current market conditions, ABN AMRO said in a press release it has decided to retain ABN AMRO Lease Holding as part of the group. ABN AMRO Lease Holding is the ultimate parent company of LeasePlan USA. In the third quarter, Lease Holding’s net profit improved 4.9 percent to EUR 43 million compared to the second quarter of 2001. Compared to the first nine months of 2000, net profit showed an improvement of 60 percent to EUR 120 million in the first nine months of this year. Tom de Swaan, chairman of the Supervisory Board of ABN AMRO Lease Holding, said: “This robust performance shows the strong capability of ABN AMRO Lease Holding to create value, even under weak market conditions. The results of the first nine months of this year underline the successful integration of two large acquisitions of ABN AMRO Lease Holding in 2000.”
Twitter Facebook Google+


Please note that comments may be moderated. 
Leave this field empty:

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.

Sponsored by

The NETS is dedicated to mproving the safety and health of employees, their families, and members of the communities they live in.

Read more

Up Next

More From The World's Largest Fleet Publisher