[AMSTERDAM] Dutch bank ABN Amro warned provisions for souring loans could balloon to 2.5 billion euros (S$3.84 billion) this year as the novel coronavirus crisis and oil price crash triggered a...

DUTCH bank ABN Amro reported on Wednesday fourth-quarter net income that missed analysts' estimates, hurt by lower interest income and higher impairments.

ABN Amro's quarterly net profit plunged by a fifth and fell short of expectations and the Dutch bank also warned that slowing economic growth and low interest rates could hit future earnings.

RISING bad loans and a big investment in improving anti-money-laundering controls pushed fourth quarter net profit from Dutch bank ABN Amro way below analysts' expectations....