Dutch bank ABN Amro to examine own history in light of racism debate

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Dutch bank ABN Amro on Friday said it had commissioned a study into its past in light of the current global debate about systemic racism and the ...

Dutch bank ABN Amro on Friday said it had commissioned a study into its past in light of the current global debate about systemic racism and the inequality faced by Black people.

FILE PHOTO: ABN AMRO logo is seen at the headquarters in Amsterdam, Netherlands May 14, 2019. REUTERS/Piroschka van de WouwAMSTERDAM: Dutch bank ABN Amro on Friday said it had commissioned a study into its past in light of the current global debate about systemic racism and the inequality faced by Black people.

"As a bank with a history going back 300 years, ABN Amro too is aware that there may be some episodes in our past of which we cannot be proud," the bank said.A spokesman for the bank said it was unclear how long the study would take and what consequences it might have.The Dutch played a major role in the global slave trade from the 17th century until the Netherlands abolished slavery in 1863.

 

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