Dutch banking giant ABN AMRO has entered the local market after signing an exclusive cooperation agreement with Tandem Capital to represent its interests in Israel, Tandem said.
"ABN AMRO will have intense operations in Israel," Tandem said "The growth in foreign investments and the expected reforms to the way trust funds are marketed in the banks, without publicizing forecasts, continues to attract major international banks to the country." Under the agreement, Tandem will represent ABN in its trust funds, financial products and investment management activities in Israel.
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