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ABN AMRO Group NV (ABNd.AS)

ABNd.AS on Amsterdam Stock Exchange

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Latest Key Developments (Source: Significant Developments)

ABN Amro And Payconiq End Collaboration Talks‍​
Tuesday, 23 Jan 2018 

Jan 23 (Reuters) - ABN AMRO GROUP NV ::ABN AMRO AND PAYCONIQ DISCONTINUE COLLABORATION TALKS‍​.  Full Article

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

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 

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 

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 

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 

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

ABN Amro Q3 operating income in line with Reuters poll at 2.12 billion euros
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - ABN AMRO GROUP NV : :Q3 NET INTEREST INCOME EUR 1.57‍​ BILLION VERSUS EUR 1.60 BILLION IN REUTERS POLL.Q3 OPERATING INCOME EUR ‍​2.12 BILLION VERSUS EUR 2.12 BILLION IN REUTERS POLL.Q3 OPERATING RESULT EUR ‍​914 MILLION VERSUS EUR 839 MILLION IN REUTERS POLL.Q3 NET INCOME EUR 673‍​ MILLION VERSUS EUR 552 MILLION IN REUTERS POLL.EXPECT TO SET ASIDE A RESTRUCTURING PROVISION IN THE RANGE OF EUR 50MLN 100 MILLION IN Q4 2017‍​.  Full Article

ABN Amro appoints Marina Shevtsova as CFO for British operations
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - ABN Amro Group NV :APPOINTS MARINA SHEVTSOVA AS CHIEF FINANCIAL OFFICER FOR ABN AMRO UK​.  Full Article

ABN Amro Q4 operating result beats Reuters poll
Wednesday, 15 Feb 2017 

ABN Amro Group NV : Q4 net interest income 1.58 billion euros ($1.67 billion)versus 1.59 billion euros in Reuters poll . Q4 operating income 2.20 billion euros versus 2.12 billion euros in Reuters poll . Q4 operating result 489 million euros versus 479 million euros in Reuters poll . Q4 underlying profit for the period 333 million euros versus 272 million euros year ago . Q4 reported profit for the period 333 million euros versus eur 279 million in Reuters poll . Capital position strengthened further and the fully-loaded CET1 ratio stood at 17.0 percent at year-end vs 15.5 percent in 2015 . Increased the proposed dividend for full-year 2016 to 0.84 euros per share vs 0.81 in 2015 . Brexit negotiations are expected to start soon and may still have adverse effects . Given the relatively close trade relations between the Netherlands and the UK, a disruption in trade flows would hit Dutch economy slightly harder than the eurozone as a whole .There is no clarity yet regarding all of US President Trump’s policy measures. If he does indeed take protectionist measures, this would seriously harm global economy..  Full Article

BRIEF-ABN Amro Group Q2 results beat Reuters poll
Wednesday, 17 Aug 2016 

ABN Amro Group NV : Q2 underlying profit 662 million euros versus 600 million euros year ago . Q2 operating income 2.20 billion euros versus 2.13 billion euros in Reuters poll . Q2 operating result 941 million euros versus 858 million euros in Reuters poll . Q2 net interest income 1.58 billion euros versus 1.54 billion euros in Reuters poll . Cost of risk was 9bps in Q2 2016, up from 5bps in Q2 2015. In Q1 2016, the cost of risk was nil. . Says holds 310 billion euros in client assets at June 30 versus 308 billion euros at March 31 . Well on track with three of our financial targets . Says on track for roe of 10-13 pct over the coming years, a cet1 ratio of 11.5-13.5 pct and a dividend payout ratio increasing to 50 pct of the reported full-year net profit by 2017 . Over the first six months of 2016 we will pay an interim dividend of 0.40 euro per share . Brexit impact will probably start to affect growth, although the impact is uncertain as regards timing and size .Given the closer trade relations between the Netherlands and the United Kingdom, the Brexit is expected to hit the Dutch economy harder than the Eurozone.  Full Article

BRIEF-ABN Amro Group Lodges Appeal Against Amsterdam Court Ruling From 19 December 2017‍​

* HAS LODGED A SUPREME COURT APPEAL AGAINST THE RULING OF THE AMSTERDAM COURT ON 19 DECEMBER 2017‍​