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ABN Amro ready for impact of new global rules

Lender says Basel IV will affect its capital ratios but is confident of weathering the hit; its Q3 net profit jumps 11% to 673m euros

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Since its bailout, ABN Amro has refocused its operations and orientation on the Dutch market, cutting thousands of jobs in the process and shutting down branches as it invested in digital services.

Amsterdam

ABN Amro said it expects new banking regulations, dubbed Basel IV, to have a big impact on its capital ratios, but it would be able to weather the hit.

The stricter rules, which could be finalised in the next two months, are designed by the Basel Committee of banking

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