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ABN Amro Q1 earnings beat forecasts with negligible bad loans

Published Wed, May 11, 2016 · 09:50 PM

Amsterdam

ABN Amro beat first-quarter expectations helped by a 99 per cent fall in bad loan impairments, an anomaly even given a robust Dutch economy, the bank said on Wednesday.

The bank, which does more than 80 per cent of its business in the Netherlands, reported underlying profit of 475 million euros (S$7…

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