In 1903, the Netherlands Trading Society (NTS) acquired a portion of the warehouses that was occupied by the Criterion Tiffin Rooms.

[1] The NTS was in the midst of building its presence in the Dutch East Indies and by 1888, it had opened a branch in George Town.

[1][2] The present-day building, on the site acquired by the NTS, was designed by architects and civil engineers Wilson & Neubronner.

[1][2] Completed in 1905, the building originally faced Crown Road, where the British East India Company's offices were located.

[1][3] In 2007, ABN AMRO was acquired by a consortium consisting of the Royal Bank of Scotland (RBS), Fortis and Banco Santander.