“House prices to rise through shortages and low interest rates”
According to ABN AMRO Group Economics, price increases for homes will slow down: having surged by 7% in 2019, prices will rise ‘only’ 4% in 2020.
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ABN AMRO launches tool for charity donors: Philanthropy for everyone
Simple tool to overcome the principal concerns about donating
Low interest rates give the housing market another boost
Home sales are surging, driven by the low mortgage interest rates. Where ABN AMRO’s analysts had previously predicted a five percent drop, they now expect home sales to stabilise as low mortgage costs make buying more affordable. At the same time, house prices continue to rise as available homes remain in short supply.
ABN AMRO, Rabobank and BNP Paribas team up to support smallholder coffee farmers
ABN AMRO, Rabobank and BNP Paribas team up with Neumann Kaffee Gruppe (NKG), IDH, and USAID to support smallholder coffee farmers in Kenya, Honduras and Mexico.
ABN AMRO Bank co-founder of UN-Principles for Responsible Banking
ABN AMRO Bank today became one of the Founding Signatories of the Principles for Responsible Banking, committing to strategically align its business with the Sustainable Development Goals and the Paris Agreement on Climate Change
Sustainability Monitor: consumers want government and business to blaze the trail
People in the Netherlands believe they can play an important role in making society more sustainable, especially in matters relating to food, clothing and recreation. When it comes to mobility, energy and housing they expect the government to take the lead. A large majority feel that business and government should be trailblazers in these areas.
Nearly half of Dutch people positive on sharing means of transport
Nearly half of Dutch people is open to experimenting with Mobility as a Service (MaaS): a travel subscription allowing them to use a whole range of shared and public transport, the idea being that a real-time app advises them on the most efficient route to take, regardless of the type of traffic. That said, their willingness to switch is contingent on this new mode of transport taking them to where they want to go in as easy a way as they can currently get there using their own cars, motorbikes or bicycles.
ABN AMRO named best mortgage provider in the Netherlands
ABN AMRO landed the Gouden Lotus Award Hypotheekmarkt (‘Golden Lotus Award for the Mortgage Market’) for best mortgage provider in the Netherlands in 2019. And not only that: at the HypoVak awards ceremony in Nieuwegein, the Netherlands, on Tuesday 28 May, the bank also landed the Golden Lotus Award for Most Innovative Mortgage Product, for its recently launched Home Equity Mortgage. These awards are an initiative of the InFinance trade journal and the Hypotheek Business Club (‘Mortgage Business Club’). The winners were picked by financial advisers across the Netherlands, who rated the nominees on performance, products and services.
ABN AMRO expands Mission 2030 to include ambitious ‘Paris-proof’ standards
ABN AMRO yesterday announced it will enhance its bank-wide Mission 2030 to include the standards agreed in the Paris climate accord. In its 2030 mission, the bank set the goal to have its own buildings achieve at least energy label A by 2023 and to attain an average label A for the entire ABN AMRO-financed residential and commercial property portfolio by 2030. ABN AMRO now adds that its own buildings should be ‘Paris-proof’ by 2030.
Schools in deprived neighbourhoods: 93% regularly see pupils with difficulties in the classroom
In the Netherlands, pupils at schools in deprived neighbourhoods have a significantly more difficult time than children attending schools in conventional neighbourhoods, with 93% of teachers regularly seeing children with problems at school. The corresponding figure in conventional neighbourhoods is 59%. Breaking down the problems into separate groups reveals an even more worrying picture. For example, 87% of teachers indicate that pupils in deprived neighbourhoods often have underdeveloped language skills, versus 23% in conventional neighbourhoods. For concentration difficulties, the breakdown is 72% versus 57%, and the difference in experiences with large numbers of pupils with learning deficiencies is a staggering 40% (70% as opposed to 30% in conventional neighbourhoods). These are findings from a study carried out by MWM2 for Jeugdeducatiefonds (Education Fund for Children), Stichting Kinderpostzegels Nederland (Dutch Children’s Charity Stamps Foundation) and ABN AMRO Foundation. Today the organisations present the results at a seminar entitled ‘Unequal Educational Opportunities’.
Eight out of ten Dutch home-owners expect to lock in gains when selling their homes
Eight out of ten Dutch home-owners expect to gain if they were to sell their homes today, with only one in ten believing they wouldn’t. The remainder were don’t knows. Owners of medium-priced homes are the most sanguine about the amount they think is involved. Well over 20% of owners of homes with purchase prices between EUR 200,000 and EUR 400,000 assume they stand to make between EUR 50,000 and EUR 100,000, with another 20% predicting gains in excess of EUR 100,000. These and other findings may be gleaned from a survey of 1,250 home-owners commissioned by ABN AMRO and carried out by market research agency Ipsos.
ABN AMRO introduces Sustainable Home Mortgage
Today, ABN AMRO is introducing the Sustainable Home Mortgage (Duurzaam Wonen Hypotheek). The product will help clients finance energy-saving measures for their homes on favourable terms and at lower interest rates.
ABN AMRO Group Economics: “Housing market heating has peaked”
The Dutch housing market has moved past peak overheating, with ABN AMRO Group Economics’ latest Housing Market Monitor showing ever-increasing signals of cooling down. The bank’s economists point to less rapidly rising house prices and the persistent fall in the number of homes actually purchased – a confluence of trends corroborating their forecasts that house purchases will end this year 5% down. At the same time, Group Economics assumes that house prices will advance less rapidly than they have done recently. That said, the projected rise by 6% still outpaces the historic average by one percentage point.
The Dutch want to live sustainably, but still have a good time
The Dutch are struggling with how to contribute to a better climate. No fewer than six in ten Dutch people are concerned about climate change and 80 per cent believe we should live more sustainably to leave the planet a better place for future generations. But despite this awareness, they are reluctant to opt for sustainable alternatives if that means paying out of their own pocket. And so they take small steps when it comes to integrating sustainable solutions in their daily lives.
ABN AMRO releases its second Human Rights Report
ABN AMRO today releases its second Human Rights Report, underpinned by the reporting guidelines of the UN Guiding Principles on Business and Human Rights.