ABN Amro Bank, state-owned entity on Friday said that it has completed the entire legal requirements for its separation from Royal Bank of Scotland PLC (RBS). This means that from today ABN is separate from RBS.

The bank also said that it has disposed the commercial client activities to Deutsche Bank AG (DB). It has done this in Netherlands.

This also means that ABN Amro Bank and Fortis Bank Nederland have become a part of ABN Amro Group NV. This group is headed by Gerrit Zalm.

The bank also said that it is expecting the legal merger of Fortis Bank and ABN Amro Bank to get over by the second part of this year.

In other news, Royal Bank of Scotland said that it will be soon issuing $309.7 million worth of bonds. These will be backed by commercial mortgages, said Bloomberg.

These offerings will be further backed by 81 properties in New York and Missouri. The list would also include $240.8 million top-rates securities.

Looking at these, one can say that some long-term and substantial activities are going on in the banking filed.