Amsterdam Trade Bank

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Amsterdam Trade Bank N.V. (ATB)
Subsidiary
IndustryFinancial services
Founded1994 (1994)
Headquarters,
Key people
Harris Antoniou (CEO)
RevenueIncrease 103.1 million (2010)
Increase €32.8 million (2010)
Increase €8.16 million (2010)
Number of employees
200 (2014)
ParentAlfa-Bank
Websitewww.atbank.eu

Amsterdam Trade Bank (ATB) is a commercial bank registered in The Netherlands, which is almost 100%-owned by the Russian Alfa-Bank. The bank focuses on providing trade financing for companies wishing to do business in Russia and former Soviet states. ATB is supervised by De Nederlandsche Bank.

History[edit]

The company was founded in 1994 as Stolichny Bank International, a subsidiary of the Russian SBS-AGRO Bank, to provide trade financing for companies wishing to do business in Russia and former Soviet Union.

In 2001 it became a subsidiary of Russian private investment consortium Alfa Group, controlled throughout directly by Alfa-Bank Russia.[1]

In 2017 the international investigative journalist collaboration claimed ATB had aided in a Russian money laundering scheme.[2]

Corporate governance[edit]

Acting directors of ATB in 2018 are:

  • Harris Antoniou (CEO)
  • Eric Steeghs (CFO)
  • Peter Ullmann (CRO)

There are also a number of non-acting directors in Supervisory Board.

References[edit]

  1. ^ "Moody's downgrades Amsterdam Trade Bank's deposit ratings to B2, negative outlook". Moody's. October 23, 2015.
  2. ^ Janene Pieters (March 21, 2017). "Dutch banks accused of aiding Russian Money laundering scheme". NLTimes.