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home / news releases / abn amro good upside potential despite near term unc

AAVMY - ABN AMRO: Good Upside Potential Despite Near-Term Uncertainties

ABN AMRO Bank N.V. - ADR
  • CET1 ratio likely to remain above management's 15% threshold for buybacks; however I expect near-term uncertainties to delay distributions.
  • Extra 220M EUR provision for overcharged interest to impact Q3 results.
  • As of Q2 CIB restructuring was 80% complete, and I expect it to be above 90% by year-end.
  • I share my takeaways from CFO Lars Kramer's talk at BoFA's Annual Financials CEO conference.

For further details see:

ABN AMRO: Good Upside Potential Despite Near-Term Uncertainties
Stock Information
Company Name: ABN AMRO Bank N.V. - ADR
Stock Symbol: AAVMY
Market: OTC
Website: rritual.com
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