ABN AMRO receives the green light for preparations for the IPO
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Brigitte Seegers
Public Affairs and Manager International Communications
ABN AMRO is positive about the intention of the Minister of Finance to eventually bring ABN AMRO to the stock exchange. An IPO is also preferred by the bank.
Gerrit Zalm, Chairman of the Board of Directors of ABN AMRO: "The intention of the Minister is a first step on the way to the private market. If the parliament agrees, this could be the first option for an IPO in the first half of 2015 We continue to implement the long-term strategy that has been implemented, with the customer as our starting point. " ABN AMRO is ready to start the preparations that go with an IPO. The integration has been successfully completed and the bank has strengthened its position in almost all market segments in which it operates over the past three years. The financial position has also improved. The bank is currently suffering from the recession in the Netherlands. The defined long-term strategy is now being rolled out further, which should also lead to better financial results. The intention of the Minister has no consequences for the bank's customers. The bank's strategy puts customer interests first. ABN AMRO also applies a moderate risk profile by only taking risks that it can oversee. ABN AMRO focuses on the Netherlands. Abroad, the bank wants to grow in specific activities in a select number of markets. The Minister of Finance announced his intention after the Council of Ministers on 23 August 2013. ABN AMRO Press Office +31 20 6282282 ABN AMRO Investor Relations +31 20 6288900