State-owned ABN Amro Bank NV said Friday it completed the legal separation from Royal Bank of Scotland PLC (RBS) and also completed the disposal of the commercial client activities in the Netherlands to Deutsche Bank AG (DB).

MAIN FACTS:

- As of April 1 2010, ABN Amro Bank and Fortis Bank Nederland are transferred to the holding company ABN Amro Group NV, headed by Chief Executive Gerrit Zalm.

- Deutsche Bank will run the former ABN Amro commercial client activities under the Deutsche Bank name as part of its Global Transaction Banking division.

- ABN Amro expects to complete the legal merger of ABN Amro Bank and Fortis Bank in the second half of 2010.

- By Amsterdam Bureau, Dow Jones Newswires; amsterdam@dowjones.com
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