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ABN AMRO Group NV (ABNd.AS)

ABNd.AS on Amsterdam Stock Exchange

22.52EUR
17 Aug 2018
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Latest Key Developments (Source: Significant Developments)

ABN Amro Q1 2018 Net Profit Of 595 Million Euros
Monday, 14 May 2018 01:00am EDT 

May 14 (Reuters) - ABN AMRO Group NV ::REG-ABN AMRO REPORTS NET PROFIT OF EUR 595 MILLION FOR Q1 2018.Q1 COST/INCOME RATIO IMPROVED TO 57.9%, ON TRACK TO ACHIEVE 2020 FINANCIAL TARGETS.WE ARE ON TRACK TO ACHIEVE OUR STRATEGIC PRIORITIES AND FINANCIAL TARGETS BY 2020- CEO.Q1 NET INTEREST INCOME REMAINED STRONG, BENEFITING FROM LOAN GROWTH ESPECIALLY IN DUTCH SMES AND CORPORATE LOANS.Q1 STRONG CAPITAL POSITION WITH CET1 RATIO OF 17.5%.Q1 OPERATING INCOME EUR 2.33 BILLION VERSUS EUR 2.25 BILLION YEAR AGO.ON TRACK TO ACHIEVE OUR STRATEGIC PRIORITIES AND FINANCIAL TARGETS BY 2020 - CEO.UNDERLYING COST TREND IN Q1 CONTINUES TO BENEFIT FROM COST SAVINGS - CEO.  Full Article

ABN Amro Says Lodged Appeal In Cassation With Supreme Court In Euribor Cases
Friday, 9 Feb 2018 02:39am EST 

Feb 9 (Reuters) - Abn Amro Group Nv ::LODGED APPEAL IN CASSATION WITH SUPREME COURT AGAINST JUDGMENT OF AMSTERDAM COURT OF APPEAL OF 19 DEC IN EURIBOR CASES.CONCERNS WHETHER CO WAS ALLOWED TO INCREASE MORTGAGES WITH EURIBOR INTEREST RATE.  Full Article

ABN Amro Reports Net Profit Of EUR 2,791 Million For FY 2017
Wednesday, 7 Feb 2018 01:00am EST 

Feb 7 (Reuters) - Abn Amro Group Nv ::REG-ABN AMRO PRESS RELEASE: ABN AMRO REPORTS NET PROFIT OF EUR 2,791 MILLION FOR FY 2017.COST/INCOME RATIO FOR FY 2017 WAS 60.1% (FY 2016: 65.9%).FINAL DIVIDEND OF EUR 0.80 PER SHARE IS PROPOSED.Q4 UNDERLYING NET PROFIT FOR THE PERIOD EUR 542 MILLION VERSUS EUR 480 MILLION IN REUTERS POLL.Q4 OPERATING INCOME EUR 776 MILLION VERSUS EUR 723 MILLION IN REUTERS POLL.END-Q4 FULLY-LOADED LEVERAGE RATIO 4.1‍​ PERCENT VERSUS 3.9 PERCENT YEAR AGO.  Full Article

ABN AMRO Group Says Chairman Of Supervisory Board Not To Opt For Second Term
Monday, 5 Feb 2018 12:02pm EST 

Feb 5 (Reuters) - ABN AMRO Group NV ::CHAIRMAN OF ABN AMRO'S SUPERVISORY BOARD ANNOUNCES NOT TO OPT FOR A SECOND TERM.OLGA ZOUTENDIJK HAS TAKEN DECISION NOT TO RUN FOR A SECOND TERM EFFECTIVE 1 JULY 2018.CURRENT VICE-CHAIRMAN WILL TEMPORARILY ASSUME DUTIES OF CHAIRMAN.  Full Article

Just Group Announces Credit Investor Meetings
Monday, 29 Jan 2018 03:50am EST 

Jan 29 (Reuters) - Just Group PLC ::MANDATED ABN AMRO, BARCLAYS, AND NATWEST MARKETS TO ARRANGE A SERIES OF CREDIT INVESTOR MEETINGS IN UK COMMENCING ON 29 JANUARY​.  Full Article

ABN Amro Says Q4 Results To Include Several Incidentals In Operating Income And Expenses​
Tuesday, 16 Jan 2018 01:45am EST 

Jan 16 (Reuters) - ABN AMRO GROUP NV ::‍Q4 2017 RESULTS OF ARE EXPECTED TO INCLUDE SEVERAL LARGE INCIDENTALS IN OPERATING INCOME AND OPERATING EXPENSES​.‍AGGREGATE IMPACT OF THESE IDENTIFIED LARGE INCIDENTALS IS EXPECTED TO BE NOT MATERIAL​.RELEASE OF UNEARNED INTEREST AND MORTGAGE PENALTIES EXPECTED TO TOTAL AROUND EUR 125 MILLION.‍SALE OF REMAINING EQUITY STAKE IN VISA INC. SHARES RESULTED IN BOOK GAIN OF EUR 114 MILLION​.‍BENEFITS ARE OFFSET BY THREE PROVISIONS​.AMSTERDAM COURT OF APPEAL RULED AGAINST CO IN CASE WHERE CO RAISED SURCHARGES FOR MORTGAGES WITH EURIBOR INTEREST RATES.ON COURT RULING: ‍EXPECTS TO INCREASE ITS EXISTING PROVISION BY APPROXIMATELY EUR 50M​​.‍RECOVERY FRAMEWORK FOR SME DERIVATIVES-RELATED ISSUES IS MORE EXTENSIVE THAN EXPECTED​.- ‍ON SME: PROJECT COSTS ARE EXPECTED TO RISE WITH ADDITIONAL EUR 80-100 MILLION FOR WHICH PROVISION IS INTENDED​.EXPECT TO TAKE ADDITIONAL RESTRUCTURING PROVISION OF AROUND EUR 100 MILLION RELATED TO REORGANISATION.  Full Article

ABN Amro Says Lease And Commercial Finance Merging Into ABN Amro Asset Based Finance
Tuesday, 2 Jan 2018 11:25am EST 

Jan 2 (Reuters) - ABN AMRO GROUP NV ::LEASE AND COMMERCIAL FINANCE MERGING INTO ABN AMRO ASSET BASED FINANCE.  Full Article

ABN Amro Group Says Supervisors Confirm SREP Requirement Of 10.4% CET1 For 2018
Wednesday, 20 Dec 2017 11:46am EST 

Dec 20 (Reuters) - ABN AMRO GROUP NV ::SUPERVISORS CONFIRM SREP REQUIREMENT OF 10.4% CET1 FOR 2018.‍FULLY LOADED CET1 REQUIREMENT FOR 2019 IS EXPECTED AT 11.78%​.  Full Article

Boudewijn Duinstra Named Head Of First Line Clearing Risk, ICE Clear Europe
Monday, 11 Dec 2017 04:57am EST 

Dec 11 (Reuters) - Intercontinental Exchange Inc ::INTERCONTINENTAL EXCHANGE APPOINTS BOUDEWIJN DUINSTRA AS HEAD OF FIRST LINE CLEARING RISK FOR ICE CLEAR EUROPE.DUINSTRA JOINS FROM ABN AMRO CLEARING BANK, A UNIT OF ABN AMRO GROUP.  Full Article

Allianz and ABN Amro finance 'Atrium' office complex acquisition by Amundi Real Estate and Korean investors
Friday, 24 Nov 2017 03:33am EST 

Nov 24 (Reuters) - ALLIANZ SE ::CONCLUDES FINANCING PLAN WITH ABN AMRO RELATING TO ACQUISITION OF 'ATRIUM' OFFICE BUILDINGS‍​‍​.TRANSACTION WITH ABN AMRO IS FOR A LOAN OF NEARLY EUR 300 MLN‍​.THE TRANSACTION HAS MATURITY OF 7 YEARS AT FIXED RATE.'ATRIUM' OFFICE BUILDINGS TO BE ACQUIRED BY CONSORTIUM OF AMUNDI REAL ESTATE AND KOREAN INVESTORS‍​.ALLIANZ IS MAJOR PARTICIPANT IN THE FINANCING; ABN AMRO IS THE SOLE PLACING AGENT AND MINOR PARTICIPANT.  Full Article