Antwerp Diamond Bank NV has a physical presence. Physical presence means a place of business
located at a fixed address,
in a country in which the Bank is authorised to conduct banking activities,
where the Bank employs one or more individuals full-time and maintains operating records related to banking activities and
where the Bank is subject to inspection by the Banking Authority which has licensed the Bank to conduct banking activities.
Antwerp Diamond Bank NV is not publicly owned and is not listed on any stock exchange.
KBC Bank NV holds 99,99% of the shares of Antwerp Diamond Bank.
ADB Board of Directors:
Luc Gijsens, chairman
Pieter Vandendriessche, director
Peter Hannes, director
Marc Bernaert, director
Pierre De Bosscher, managing director, CEO
Theo Strous, managing director, member of the Executive Committee
Guy Snoeks, managing director, member of the Executive Committee
The Antwerp Diamond Bank has policies and procedures for prevention of money laundering and terrorist financing. We are prepared to provide a copy of the policy upon request.
Our policies and procedures meet the requirements of local law and regulations of anti-money laundering. These policies and procedures are also mandatory in all our overseas operations taking into account local legislation.
The Bank verifies the identity of all customers prior to providing value transfer services involving more than EUR 10.000 in cash. The Bank provides banking services only to other banks and financial institutions with a physical presence.
All staff members dealing with this issue are trained with regard to the policies and procedures of the Bank and regarding the requirements of local law and regulations. This training is updated each time changes are introduced in legal regulations.
The Bank has a money laundering reporting officer responsible for the co-ordination and the monitoring of compliance.
The Bank complies with FATF Special Recommendation VII.
The Bank filters its international telegraphic transfers for terrorist names using the OFAC List.
Corporate social responsibility (CSR) is a long-term process which requires ongoing adaptation of and improvement in the way a company conducts its business, not only for the purpose of making a financial profit, but in response to the increasing demands for transparency and accountability placed on the company by its stakeholders (employees, customers, shareholders, suppliers, etc.) and by society as a whole.
Antwerpse Diamantbank is represented in the following countries
Singapore, ADB Asia Pacific Ltd
Dubai, U.A.E. Representative Office ADB Asia Pacific Ltd
Geneva, Switzerland Represtentative Office ADB Asia Pacific Ltd
Hong Kong, China Representative Office
New York, USA Representative Office
Mumbai, India Branch
The Bank has no branches, subsidiaries or representative offices in any of the countries, considered to be “non co-operative” by the Financial Action Task Force.