SUBSCRIBERS
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…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Banking & Finance
Abu Dhabi returns to debt market with new US dollar bond
Ping An profit falls as market declines hurt investment returns
BOJ will hike rates if trend inflation accelerates, says Ueda
Binance’s rivals muscle in on Bitcoin trading around the world
Citi picks Amit Dhawan to head Singapore commercial bank operations
China finance ministry echoes Xi’s call for bond trading at PBOC