ABN AMRO intends to appoint Ton van Nimwegen as COO and member of the Executive Board ABN AMRO intends to appoint Ton van Nimwegen (1969) as its Chief Operations Officer (COO) and member of the Executive Board for a period of four years, with effect from the Extraordinary General Meeting of Shareholders (EGM) to be held on a date yet to be set. The appointment is subject to the formal approval of the European Central Bank. As the COO, Ton van Nimwegen will be responsible in particular for...
ABN AMRO voornemens Ferdinand Vaandrager te benoemen als Chief Financial Officer De Raad van Commissarissen van ABN AMRO is voornemens om Ferdinand Vaandrager (1970) te benoemen tot Chief Financial Officer (CFO) en lid van de Executive Board (ExBo) voor een periode van vier jaar, eindigend bij de sluiting van de Algemene Vergadering van Aandeelhouders van 2027. De benoeming is onder voorbehoud van goedkeuring door de Europese Centrale Bank (ECB). ABN AMRO zal zo snel mogelijk een buitengewone...
Tanja Cuppen not available for reappointment as ABN AMRO Chief Risk Officer ABN AMRO Bank NV today announced that Tanja Cuppen will not be available for a third term. Tanja has informed the Supervisory Board that after having served two terms as Chief Risk Officer (CRO) at ABN AMRO, she is not available for another term. She will complete her current term. Tanja Cuppen joined ABN AMRO as CRO in October 2017 and was reappointed in April 2021 for a period of three years. Her current term ends at...
ABN AMRO reports net profit of EUR 870 million for Q2 2023 Highlights of the quarter Very strong result, with a net profit of EUR 870 million and an ROE of over 16%, reflecting high NII and impairment releases. All client units contributed with improved net profit Continued strong NII, benefitting from the higher interest rate environment Expected costs for 2023 now around EUR 5.2 billion; we do not expect to reach our 2024 cost target as 2023 investments spill over, inflation is higher and AML...
ABN AMRO Bank cancels repurchased shares Today, ABN AMRO cancelled 31,946,537 ordinary shares following completion of the EUR 500 million share buyback programme on 11 April 2023. The decision by the Executive Board to cancel these ordinary shares is in line with the intention to reduce capital as stated in the announcement of the share buyback programme on 8 February 2023. The cancellation brings the total number of outstanding ordinary shares in ABN AMRO’s share capital to 865,575,379, with...
ABN AMRO convenes Extraordinary General Meeting ABN AMRO Bank N.V. (ABN AMRO) today published the convocation and relevant documents for the Extraordinary General Meeting of Shareholders (EGM) to be held in Amsterdam at 12.15 pm on 29 June 2023. The documents, including the agenda and notes, are available on ABN AMRO’s website. At the EGM, a decision will be taken regarding the proposed appointment of Femke de Vries as a new member of ABN AMRO’s Supervisory Board. The appointment will be for...
ABN AMRO rapporteert EUR 523 miljoen winst over eerste kwartaal 2023 Highlights van het kwartaal Zeer goed begin van het jaar, met een nettowinst van EUR 523 miljoen en een rendement op eigen vermogen van 9,6%, een weerspiegeling van de hoge netto rentebaten en lage risicokosten, deels gecompenseerd door hoge seizoensgebonden wettelijke heffingen Sterke netto rentebaten door aanhoudende verbetering van de marges op spaartegoeden in alle client units als gevolg van de stijgende rente...
ABN AMRO completes share buyback programme ABN AMRO announced today that it has completed its EUR 500 million share buyback programme which started on 9 February 2023. Under the share buyback programme a total of 31,946,537 ordinary shares and depository receipts were purchased, representing 3.56% of issued shares, at an average price of EUR 15.65. ABN AMRO intends to cancel the repurchased ordinary shares and corresponding depository receipts in due course. NLFI as a majority shareholder has...
Progress on ABN AMRO share buyback programme 31 March – 06 April 2023 ABN AMRO reports the transaction details related to its EUR 500 million share buyback programme announced on 8 February 2023. During the week of 31 March 2023 up to and including 6 April 2023 a total of 3,381,282 shares and depositary receipts were repurchased at an average price of €14.66 for a total amount of €49,558,935.14. For detailed information on the daily repurchased shares and depositary receipts, individual...
Progress on ABN AMRO share buyback programme 24 March – 30 March 2023 ABN AMRO reports the transaction details related to its EUR 500 million share buyback programme announced on 8 February 2023. During the week of 24 March 2023 up to and including 30 March 2023 a total of 3,976,248 shares and depositary receipts were repurchased at an average price of EUR 14.55 for a total amount of EUR 57,838,021.87. For detailed information on the daily repurchased shares and depositary receipts, individual...
Progress on ABN AMRO share buyback programme 17 March – 23 March 2023 ABN AMRO reports the transaction details related to its EUR 500 million share buyback programme announced on 8 February 2023. During the week of 17 March 2023 up to and including 23 March 2023 a total of 3,973,645 shares and depositary receipts were repurchased at an average price of EUR 14.61 for a total amount of EUR 58,067,731.98. For detailed information on the daily repurchased shares and depositary receipts, individual...
Progress on ABN AMRO share buyback programme 10 March – 16 March 2023 ABN AMRO reports the transaction details related to its EUR 500 million share buyback programme announced on 8 February 2023. During the week of 10 March 2023 up to and including 16 March 2023 a total of 3,987,794 shares and depositary receipts were repurchased at an average price of EUR 15.02 for a total amount of EUR 59,899,396.40. For detailed information on the daily repurchased shares and depositary receipts, individual...
Progress on ABN AMRO share buyback programme 3 March – 9 March 2023 ABN AMRO reports the transaction details related to its EUR 500 million share buyback programme announced on 8 February 2023. During the week of 3 March 2023 up to and including 9 March 2023 a total of 3,868,097 shares and depositary receipts were repurchased at an average price of EUR 16.69 for a total amount of EUR 64,552,129.54. For detailed information on the daily repurchased shares and depositary receipts, individual...
Progress on ABN AMRO share buyback programme 24 February – 2 March 2023 ABN AMRO reports the transaction details related to its EUR 500 million share buyback programme announced on 8 February 2023. During the week of 24 February 2023 up to and including 2 March 2023 a total of 3,992,590 shares and depositary receipts were repurchased at an average price of EUR 16.59 for a total amount of EUR 66,237,098.44. For detailed information on the daily repurchased shares and depositary receipts,...
ABN AMRO announces call of USD 1500 million Tier 2 instrument (XS1586330604) With reference to the Terms and Conditions of the USD 1500 million Callable Resettable Dated Subordinated Notes due 27 th March 2028 callable in March 2023 under the Programme for the issuance of Medium Term Notes of ABN AMRO Bank N.V. with ISIN XS1586330604, ABN AMRO announces to exercise its right to redeem these Notes in full on 27 th of March 2023. Trading will be suspended as of 23d of March 2023. ABN AMRO Press...
Progress on ABN AMRO share buyback programme 17 February – 23 February 2023 ABN AMRO reports the transaction details related to its EUR 500 million share buyback programme announced on 8 February 2023. During the week of 17 February 2023 up to and including 23 February 2023 a total of 3,989,739 shares and depositary receipts were repurchased at an average price of EUR 16.51 for a total amount of EUR 65,886,628.91 For detailed information on the daily repurchased shares and depositary receipts,...
Progress on ABN AMRO share buyback programme 9 February – 16 February 2023 ABN AMRO reports the transaction details related to its EUR 500 million share buyback programme announced on 8 February 2023. During the week of 9 February up to and including 16 February 2023 a total of 4,776,314 shares and depositary receipts were repurchased at an average price of EUR 16.32 for a total amount of EUR 77,947,338. For detailed information on the daily repurchased shares and depositary receipts,...
ABN AMRO rapporteert EUR 1.867 miljoen winst over 2022 en kondigt inkoop eigen aandelen aan Highlights van het kwartaal Sterk einde van het jaar met een nettowinst van EUR 354 miljoen in Q4, een weerspiegeling van de hogere rente en lage risicokosten Goed resultaat in 2022, met een nettowinst van EUR 1.867 miljoen en een rendement op eigen vermogen van 8,7%; alle client units realiseerden betere resultaten Netto rentebaten sterk nu de marges op spaargelden bleven profiteren van de hogere rente;...
ABN AMRO maakt aandeleninkoopprogramma van EUR 500 miljoen bekend ABN AMRO heeft vandaag de start van een aandeleninkoopprogramma bekendgemaakt. De bank is van plan om certificaten van aandeel en gewone aandelen ABN AMRO Bank N.V. in te kopen tot een maximale waarde van in totaal EUR 500 miljoen, met inachtneming van het aantal aandelen waarvoor de Algemene Vergadering van Aandeelhouders op 20 april 2022 een machtiging heeft verstrekt (10% van de geplaatste aandelen). Het aandeleninkoopprogramma...
ABN AMRO rapporteert EUR 1.876 miljoen winst over 2022 en kondigt inkoop eigen aandelen aan Highlights van het kwartaal Sterk einde van het jaar met een nettowinst van EUR 354 miljoen in Q4, een weerspiegeling van de hogere rente en lage risicokosten Goed resultaat in 2022, met een nettowinst van EUR 1.876 miljoen en een rendement op eigen vermogen van 8,7%; alle client units realiseerden betere resultaten Netto rentebaten sterk nu de marges op spaargelden bleven profiteren van de hogere rente;...