Antwerp
Diamond Bank
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Industry
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Banking
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Founded
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1934
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Headquarters
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Antwerp,
Belgium
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Website
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The Antwerp
Diamond Bank (ADB) (Banque Diamantaire Anversoise and Antwerpse Diamantbank)
is a small, 75-year-old bank that specializes exclusively in serving the
diamond and the diamond jewelry sector. It is the second largest diamond bank
in the world, after ABN AMRO's International Diamond and Jewelry Group. In
addition to its headquarters in Antwerp, it has offices covering all the major
traditional as well as emerging diamond centers such as Antwerp, Dubai, Geneva,
Hong Kong, Mumbai and New York. Today the ADB group employs approximately 180
people worldwide, of whom 125 work at the head office in Antwerp.
ADB is
currently a wholly owned subsidiary of KBC Bank and can draw, when needed, on
its parent's expertise and network. However, the present $5 billion Belgian
government bail-out of KBC Bank may include a proviso that KBC is encouraged to
sell ADB, though this is neither a demand nor even a priority.
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