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flag ABN Amro to buy NIBC Bank for €960M, pending approval, to expand Dutch retail presence.

flag ABN Amro has agreed to acquire NIBC Bank from Blackstone for €960 million, pending regulatory approval, with completion expected in the second half of 2026. flag The deal aims to strengthen ABN Amro’s Dutch retail banking presence, adding NIBC’s 325,000 savings clients, 200,000 mortgage clients, and 175,000 business clients. flag The bank plans to phase out the Moneyou brand, retain Florius, and explore integration with its BUX investment platform. flag ABN Amro reported a third-quarter net profit of €617 million, a 11% drop from last year but above analyst forecasts. flag It also completed a €250 million share buyback and revised its 2025 expense target to €5.4–5.5 billion.

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