Dresdner Bank - Commerzbank International SA
Dresdner Bank - Commerzbank International SA
Dresdner Bank - Commerzbank International SA
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<strong>Dresdner</strong> <strong>Bank</strong> Luxembourg S.A. Annual Report 2008<br />
38<br />
Expansion in the Netherlands –<br />
Expansion of <strong>Dresdner</strong> VPV N.V.<br />
As Regional Head, <strong>Dresdner</strong> <strong>Bank</strong> Luxembourg is responsible for<br />
the development of <strong>Dresdner</strong> <strong>Bank</strong>’s Private Wealth Management in<br />
the Benelux region. Back in 1999, the bank had already acquired the<br />
Dutch asset manager, Veer Palthe Voûte N.V. (VPV). After receiving<br />
its banking licence in July 2000, the VPV business could undergo<br />
continuous expansion. In addition to its headquarters in Gouda, the<br />
subsidiary, which has now been renamed as <strong>Dresdner</strong> <strong>Bank</strong> VPV N.V.,<br />
has further branches in Amsterdam, Arnhem and Den Bosch.<br />
In September 2008, the presence of <strong>Dresdner</strong> VPV N.V. was expanded<br />
with the purchase of two asset managers in the Netherlands.<br />
It acquired all of the shares in the companies, Franke & Partners<br />
Pensioenadvies en Vermogensbeheer B.V. in Maastricht (Franke &<br />
Partners) and De Vries & Co. B.V., Blaricum.<br />
Both companies specialise in looking after wealthy private<br />
customers. They are an ideal complement to the existing<br />
<strong>Dresdner</strong> VPV locations. Together with their employees,<br />
they manage customer assets amounting to approximately<br />
€ 250 million today. <strong>Dresdner</strong> VPV N.V. had<br />
around 2,600 customers at the year-end and managed<br />
assets of € 1.1 billion (as of 31 December 2008).<br />
Gouda<br />
DRESDNER VPV<br />
PRIVATE WEALTH MANAGEMENT<br />
Amsterdam<br />
Utrecht<br />
Den Bosch