Reaction to nationalisation of SNS Reaal

Press release -

Microphone public speech

On 1 February the Government of the Netherlands announced the nationalisation of SNS Reaal N.V. ABN AMRO understands the intervention of the Minister of Finance to safeguard the Dutch financial system.

The Government of the Netherlands also announced to propose a EUR 1 billion one-off resolution levy for all banks to be levied in 2014. The impact of this proposal on the results of ABN AMRO is currently estimated to be in the range of EUR 200-250 million (after tax) depending on the final details of the levy.

For further details please refer to the press release issued by the Government of the Netherlands.

ABN AMRO Press Office ABN AMRO Investor Relations
pressrelations@nl.abnamro.cominvestorrelations@nl.abnamro.com
+31 20 6288900

ABN AMRO Investor Relations
pressrelations@nl.abnamro.cominvestorrelations@nl.abnamro.com
+31 20 6288900 +31 20 6282282

Documents

Read more about

Join the discussion

ABN AMRO would like to know your opinion, so below this article you can react to this article via Disqus. By doing so, you agree to the conditions for reacting to articles on our website.

More press releases

Filter on