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ABN Amro Bank NV (ABNd.AS)

ABNd.AS on Amsterdam Stock Exchange

15.71EUR
23 Aug 2019
Change (% chg)

€-0.26 (-1.66%)
Prev Close
€15.98
Open
€16.06
Day's High
€16.10
Day's Low
€15.71
Volume
3,098,579
Avg. Vol
2,437,534
52-wk High
€24.29
52-wk Low
€15.61

Latest Key Developments (Source: Significant Developments)

ABN Amro Group Announces Sale Of Moneyou Belgium's Savings Portfolio To Keytrade Bank
Tuesday, 30 Jul 2019 

July 30 (Reuters) - ABN AMRO BANK NV ::ABN AMRO GROUP NV - MONEYOU BELGIUM SELLS SAVINGS PORTFOLIO TO KEYTRADE BANK.MONEYOU WILL START TRANSFERRING ITS BELGIAN CLIENTS TO KEYTRADE BANK IN NOVEMBER..THE SALE IS EXPECTED TO HAVE ONLY A VERY SLIGHT IMPACT ON ABN AMRO’S RESULTS..MONEYOU'S BELGIAN SAVINGS PORTFOLIO TOTALS SOME EUR 2 BILLION.  Full Article

ABN Amro ETF Invests In German Manufacturer Of Solar Trackers Ideematic
Thursday, 4 Jul 2019 

July 4 (Reuters) - ABN AMRO Group NV ::ABN AMRO ETF IS INVESTING IN THE GERMAN COMPANY IDEEMATIC, MANUFACTURER OF SOLAR TRACKERS.IDEEMATEC TO USE INVESTMENT TO IMPROVE ITS CAPITAL POSITION, PRODUCT DEVELOPMENT AND TO EXPAND ITS TEAMS IN USA, ASIA, NORTH AFRICA AND MIDDLE EAST.  Full Article

ABN Amro Group And Firm24 To Team Up
Tuesday, 2 Jul 2019 

July 2 (Reuters) - ABN AMRO Group NV ::ABN AMRO GROUP NV - ABN AMRO AND FIRM24 TO TEAM UP.  Full Article

ABN Amro Digital Impact Fund Invests In ThetaRay
Wednesday, 12 Jun 2019 

June 12 (Reuters) - ABN AMRO GROUP NV ::ABN AMRO DIGITAL IMPACT FUND INVESTS IN FINANCIAL CRIME DETECTION PROVIDER THETARAY.  Full Article

ABN Amro Sells Majority Stake In Stater To Infosys
Thursday, 28 Mar 2019 

March 28 (Reuters) - ABN AMRO GROUP NV ::REG-ABN AMRO SELLS MAJORITY STAKE IN STATER TO INFOSYS.ABN AMRO ANNOUNCED TODAY THAT IT HAS SOLD 75% OF ITS SHARES IN STATER TO INFOSYS.RETAINING A 25% INTEREST IN STATER, ABN AMRO WILL CONTINUE TO BE A STRATEGIC SHAREHOLDER.CLOSING DATE OF TRANSACTION IS EXPECTED IN Q2.TRANSACTION WILL RESULT IN A GAIN ON DISPOSAL AND HAVE A POSITIVE, THOUGH MODEST, IMPACT ON ABN AMRO'S CET1 CAPITAL RATIO.  Full Article

ABN Amro Q4 Net Profit At EUR 316 Million
Wednesday, 13 Feb 2019 

Feb 13 (Reuters) - ABN AMRO GROUP NV ::REG-ABN AMRO REPORTS NET PROFIT OF EUR 2,325 MILLION FOR FY 2018.REPORTS NET PROFIT OF EUR 2,325 MILLION FOR FY 2018.Q4 2018 NET PROFIT OF EUR 316 MILLION; SOLID OPERATIONAL PERFORMANCE IN Q4.RETURN ON EQUITY FOR FY 2018 WAS 11.4%.COST/INCOME RATIO FOR FY 2018 IMPROVED TO 58.8% (FY 2017: 60.1%); ON TRACK TO MEETING 56-58% TARGET BY 2020.PROPOSED FINAL DIVIDEND OF EUR 0.80 PER SHARE. FY 2018 DIVIDEND PROPOSAL OF EUR 1.45 PER SHARE (FY 2017: EUR 1.45).Q4 REUTERS POLL: UNDERL PROFIT FOR PERIOD EUR 446 MILLION; OPERATING INCOME 2.16 BILLION; OPERATING RESULT EUR 738 MILLION.Q4 REUTERS POLL: NET INTEREST INCOME EUR 1.62 BILLION.RECONFIRMATION OF TARGETS AND GUIDANCE GIVEN AT INVESTOR DAY.ON TRACK TO MEETING OUR FINANCIAL TARGETS FOR 2020.RECONFIRM TARGETS AND GUIDANCE GIVEN AT OUR INVESTOR DAY, DESPITE A SOMEWHAT WEAKER ECONOMIC OUTLOOK.Q4 OPERATING RESULT EUR 643 MILLION VERSUS EUR 738 MILLION IN REUTERS POLL.Q4 OPERATING INCOME EUR 2.16 BILLION VERSUS EUR 2.16 BILLION IN REUTERS POLL.  Full Article

Intertrust To Acquire ABN Amro's Escrow And Settlement Business
Thursday, 7 Feb 2019 

Feb 7 (Reuters) - INTERTRUST NV ::INTERTRUST TO ACQUIRE ABN AMRO'S ESCROW AND SETTLEMENT BUSINESS.TRANSACTION IS SUBJECT TO REGULATORY APPROVALS AND IS EXPECTED TO COMPLETE IN Q3 2019.ACCOUNT BANK SERVICES REMAIN WITH ABN AMRO WHO WILL CONTINUE TO PROVIDE THIS SERVICE TO BUSINESS..  Full Article

ABN Amro seeks subsidiary for clearing bank ahead of Brexit
Wednesday, 21 Nov 2018 

AMSTERDAM, Nov 21 (Reuters) - ABN Amro :* ABN Amro says in event of hard Brexit its clearing bank might not be able to access exchanges in Britain.* ABN Amro Clearing bank therefore has decided to set up a subsidiary in Britain, it said and is "discussing the set up with the UK authorities".* The subsidiary will ensure the ongoing access of ABN Amro Clearing Bank to exchanges and CCPs (central counterparty clearing), the bank said.* The subsidiary set up is for ABN Amro Clearing Bank and not ABN Amro Bank as a whole, it said..  Full Article

ABN AMRO To Sell Part Of Its Stake In Investment Funds Of ABN AMRO Participaties
Friday, 16 Nov 2018 

Nov 16 (Reuters) - ABN AMRO GROUP NV ::ABN AMRO SELLS PART OF ITS STAKE IN THE INVESTMENT FUNDS OF ABN AMRO PARTICIPATIES (AAP).BANK REMAINS INVOLVED THROUGH MINORITY INVESTMENT IN EXISTING PORTFOLIO.TRANSACTION DOES NOT HAVE A MATERIAL IMPACT ON ABN AMRO'S RESULTS..  Full Article

ABN AMRO Says They Are On Track For Cost Savings By 2020
Friday, 16 Nov 2018 

Nov 16 (Reuters) - ABN AMRO GROUP NV ::SAYS ON TRACK FOR COST SAVINGS BY 2020, AROUND EUR 50 MILLION OF RESTRUCTURING CHARGES FORESEEN IN Q4 2018.TARGETS: FLATTISH LOAN BOOK IN 2019-20 PERIOD, MODERATE GROWTH IN THE MEDIUM TERM.NEW COST/INCOME TARGET <55% BY 2022.SAYS LEGAL MERGER OF ABN AMRO GROUP AND ABN AMRO BANK TO BE EXPLORED.BASEL III CAPITAL TARGET RANGE 2019 UNCHANGED AT 17.5-18.5%, SUBJECT TO 2019 SREP REQUIREMENT.WELL ON TRACK TO ACHIEVE ALL OF OUR FOUR FINANCIAL TARGETS FOR 2020.FINAL DECISION ON THE 2018 DIVIDEND WILL BE TAKEN AT THE TIME OF THE FY 2018 RESULTS.WELL-PLACED TO CONSIDER ADDITIONAL DIVIDENDS, ON TOP OF 50% OF SUSTAINABLE PROFIT.WE EXTEND CURRENT CAPITAL RANGE TO 2019 AND WE SET AN ADDITIONAL C/I TARGET FOR 2022.  Full Article