Press releases

Filter on

Filter on Theme

Filter on Date

Filter on Article Type

Press release

ABN AMRO increases risk in stocks and bonds portfolio

ABN AMRO has decided to increase the risk a little in the composition of its stocks and bonds portfolio. The asset allocation now reflects a somewhat stronger preference for stocks, with the weighting upped from neutral to slightly overweight. ABN AMRO is also easing away from high-quality but low-return eurozone government bonds, investing the proceeds from sales of these bonds in euro corporate bonds and emerging market debt. ABN AMRO continues to steer clear of bonds in general.

Press release13 February 2020

ABN AMRO: ‘Economic break in the clouds justifies balanced investment portfolio for 2020’

Based on what appears to be a break in the clouds for the economy, ABN AMRO recommends that investors maintain a balanced portfolio going into 2020. The bank presents an outlook on the new investment year, in which investors are encouraged to limit their exposure to bonds, continue investing in shares, and keep a buffer in cash.

Press release27 November 2019

ABN AMRO increases its equity exposure

ABN AMRO has decided to increase its exposure to stocks at the expense of cash, and has now adopted a neutral stance on the asset class. Bonds remain out of favour. In terms of regions, US stocks continue to be overweight (relative to the benchmark) and European stocks underweight, although both have been reduced somewhat. A number of changes have also been made at sector level, where ABN AMRO prefers the healthcare and information technology sectors.

Press release06 November 2019

ABN AMRO sees first shoots of economic improvement

Despite some small, early signs pointing to possible coming improvement in the global economy, ABN AMRO continues to prefer cash over stocks and bonds. ABN AMRO reckons risks and uncertainty still dominate, such as the ongoing US/China trade dispute and China’s economic slowdown. For that reason, equities and bonds are kept at underweight.

Press release23 October 2019

Tikkie increasingly used for monthly outgoings

The Dutch don’t just use Tikkie to repay their share of gifts or an evening out: ABN AMRO’s payment service is increasingly also used by people to pay their bit of shared outgoings, varying from insurance to Netflix and Spotify subscriptions. Tikkies to repay shopping expenses are the biggie, though: in the year to the end of September, 30% more Tikkie messages were marked shopping than in 2018.

Press release17 October 2019

ABN AMRO’s preference for cash unchanged

In today’s uncertain investment environment, ABN AMRO favours a higher stake in cash over other assets, reflecting its earlier decision to reduce risk in its investment portfolios. A relatively large position in cash provides a measure of safety and can be used for future investments when opportunities occur. The bank is currently underweight in both equities and bonds.

Press release25 September 2019

ABN AMRO: reducing risk in investment portfolios

ABN AMRO has taken a little more risk off the table in its investment portfolios, by slightly reducing its exposure to riskier bonds and shifting the proceeds to high-quality bonds. In terms of asset allocation, the bank remains underweight in bonds and shares, with a preference for cash.

Press release28 August 2019

Grip app available for Rabobank, SNS and ICS customers

From today, anyone with a Rabobank or SNS current account or an ICS credit card will be able to use ABN AMRO’s Grip app. Grip allows users to check their income and expenses on the go. And with the option of adding other bank accounts, the app provides a more complete picture of their finances. ABN AMRO expects to soon be able to add accounts with other Dutch banks.

Press release27 August 2019

ABN AMRO changes asset allocation

Equities out of favour, commodities weighting changed to neutral

Press release17 July 2019

ABN AMRO bullish on IT and communications services sectors

ABN AMRO has become more bullish on information technology and communications services. The bank is advising investors to increase their equity holdings in both sectors – from neutral to overweight. At the same time, ABN AMRO is downgrading its recommendation for the consumer goods sector (from neutral to underweight), as it is for the energy sector (from overweight to neutral).

Press release25 April 2019

ABN AMRO: “Caution owing to trade dispute”

ABN AMRO continues to take a cautious approach to markets owing to rising economic risks, maintaining its neutral position in equities. The bank attributed its approach to uncertainty regarding the trade dispute between the United States and China, as well as other growing political risks. Bonds are still out of favour (underweight). Within commodities, gold is preferred (overweight).

Press release25 April 2019

Tikkie breaches five million user mark

Tikkie has just achieved a new milestone: over five million Dutch people now use the ABN AMRO payment service. Nearly 200,000 Tikkie reminders are paid every day – up to 350 a minute at peak times. Also, the number of business clients for Tikkie has doubled compared with the end of last year, meaning that consumers can increasingly pay businesses and not just each other. Tikkie aims to make payments easier, faster and more fun everywhere.

Press release12 April 2019

ABN AMRO introduces Home Equity Mortgages for pensionable-age homeowners

ABN AMRO is pleased to announce the immediate introduction of the Home Equity Mortgage (Overwaarde Hypotheek). With this new mortgage product, homeowners who have reached state pension age (under the Dutch Algemene Ouderdomswet, or AOW) can cash out their equity without being forced to sell their homes. Unlike a normal mortgage increase, a Home Equity Mortgage does not mean higher monthly costs: the interest is simply added to the mortgage debt over the lifetime of the mortgage. Clients decide for themselves how they want to use the equity that they have cashed out.

Press release03 April 2019

Kendu App offers asset management for investments from 50 euros

ABN AMRO is introducing Kendu, an app offering asset management services for investments starting at 50 euros. Kendu makes working to achieve your financial goals easy. App users decide how much they want to invest; managing the assets is then handed over to experts, who invest the initial investment based on a personal risk score. Kendu is a product of ABN AMRO and available for both clients and people who do not bank with ABN AMRO.

Press release03 April 2019

ABN AMRO raises its position in European covered bonds

ABN AMRO has raised its holding of European bonds that offer collateral (covered bonds) while at the same time reducing its position in American mortgage-backed securities (MBS).

Press release27 March 2019