ABN AMRO reports Q3 2024 profit of €690M, fueled by increased income and a growing mortgage portfolio.

ABN AMRO, a Dutch bank, reported a €690 million profit for Q3 2024, boosted by higher net interest income, fees, and releases from impairment. The bank's mortgage portfolio grew by €1.6 billion, and its capital strength remains robust with a Basel III CET1 ratio of 14.1%. Costs rose due to a new labor agreement and resource expansion. ABN AMRO is focusing on enhancing customer experience and cybersecurity, while maintaining leadership in the starter's market.

November 13, 2024
4 Articles