Malaysia
ABN AMRO Bank N.V. Labuan Branch
$67.5 million
Banking
Project Brief
Not Active
MIGA insured ABN AMRO Bank N.V. for its $75 million loan to its Labuan branch in Malaysia. MIGA insurance of $67.5 million covers the loan against the risks of transfer restriction and expropriation. The branch primarily provides a range of offshore banking services in foreign currencies. Its clients include corporate customers and companies in the export-oriented sectors. These operations will be expanded to meet the growing demand for such banking services in the country.