ABN Amro makes return to Dutch bourse

The Hague

DUTCH bank ABN Amro, nationalised after a 2008 bailout, bounced back onto the stock market on Friday in what has been billed as one of the biggest initial public offerings (IPOs) by a European lender since the financial crisis.

ABN Amro said that it would offer 20 per cent of its capital to investors in a first tranche, hoping to raise 3.38 billion euros (S$5.1 billion).