News Muncher - category abn

1 week, 3 days ago

Some 250,000 workers at risk with stricter enforcement of false self-employment rules

NL Times

The stricter enforcement of false self-employment may impact 250,000 self-employed people, ABN Amro estimates. ABN Amro thinks that false self-employment happens most often in the healthcare sector. Self-employed people in the construction sector are usually hired for specialist or temporary jobs, the ABN Amro said. The Tax Authority announced that they will usually not issue fines in the beginning, but …

Healthcare Sector Amro Abn

1 week, 6 days ago

Construction sector is shrinking in 2024 but will recover for next two years; ABN Amro

NL Times

The construction sector is going to shrink for the second year in a row this year but will grow again in 2025 before increasing more significantly in 2026. Construction companies have struggled with high interest rates, full power grids, limited nitrogen space, an increase in construction costs, and staff shortages. But there is a need for new homes, and the …

Construction Sector Sector Construction

3 weeks, 1 day ago

Dutch economy should grow 1.5% next year, but inflation will remain high, says ABN Amro

NL Times

The Dutch economy will continue to grow in the next two years although the pace of this will slow slightly. American import duties will slow the growth somewhat in the second half of next year. In 2025, growth will reach 1.5 percent, after which this will slow down due to the introduction of American import duties. But historically high wage …

Dutch Netherlands Grow Cpb Amro Abn

Black Friday and Cyber Monday more popular than ever: ABN Amro

NL Times

Bargain festivals such as Black Friday and Cyber Monday seem to be becoming increasingly popular in the Netherlands. Almost six out of ten consumers expect to make a purchase during this period, compared to almost four out of ten last year. Black Friday officially takes place on November 29, but many webshops and stores offer their products for sale earlier. …

Black Friday Cyber Monday

1 month ago

ABN Amro says it is time to end high wage increases

NL Times

ABN Amro has stated that it is time to end the higher salary increases for employees as compensation for inflation. After this, the wage increase needs to be connected to an increase in labor productivity,” ABN Amro stated. Recently, a Dutch chairman of the International Monetary Fund also said that caution is required when it comes to strong wage increases. …

Inflation Increase Higher Wages

11 months, 1 week ago

Savers with over €57,000 to lose much more to Box 3 tax due to higher interest rates

NL Times

Taxpayers with more than 57,000 euros in savings will pay much more capital gains tax in Box 3 for 2023 than was stated in their provisional assessment. But due to savings interest rates increasing significantly last year, the Tax Authority will assume savers achieved a 0.92 percent return on their savings in 2023, the Financieele Dagblad reports based on calculations …

Savings Tax Box Return Savers Bruel

1 year ago

Rental homes' value to drop 16% by end 2024: ABN Amro

NL Times

Rental homes will decline sharply in value this year and next year, ABN Amro expects. This uncertainty now makes it less attractive to invest in these homes,” said Paul Bisschop, a real estate economist at ABN Amro. He pointed out that measures have already been taken to regulate the rental market, such as increased transfer tax for investors, several municipalities …

Rental Bisschop Rental Homes

1 year ago

Dutch State set to sell off another 10 percent of ABN Amro

NL Times

The Dutch State plans to sell another 10 percent of its ABN Amro shares, bringing its stake in the bank down to around 40 percent. The sale will happen through a pre-arranged trading plan executed by BofA Securities Europe, said the NLFI, the foundation that manages government interests in financial institutions on behalf of the Dutch State. It will reduce …

Dutch Dutch State State

1 year, 1 month ago

ABN Amro cuts through the red tape with a BSN-free new account

Dutch News

There is so much officialdom to sort out when moving to the Netherlands that new arrivals can often find themselves going round in circles. You no longer need a Dutch to open a bank account so you can potentially set up your account before you move via the ABN Amro banking app. The bank can meet legal obligations around identity …

Netherlands Bank Open Need Account Amro Abn

1 year, 3 months ago

Dutch economy to grow slightly this year despite recession: ABN Amro

NL Times

ABN Amro expects the Dutch economy to grow slightly by 0.5 percent this year. Rising interest rates due to central bank interest rate increases also have a slowing effect because, for example, it makes borrowing more expensive. In addition, the European Central Bank’s target for inflation of 2 percent remains out of sight, according to ABN Amro. ABN Amro also …

Economy Dutch Bank Dutch Economy This Year Amro Abn

1 year, 5 months ago

Home sales to keep falling next year due to slow new construction: ABN Amro

NL Times

The number of home sales will not increase next year as previous forecasts expected. According to ABN Amro, which previously assumed growth of 2.5 percent, the number of transactions will decrease by that same percentage in 2024. “Because this takes time, the number of transactions will likely remain low.” ABN Amro expects 5 percent fewer transactions this year than last …

Sight Homes

1 year, 9 months ago

No recession, but little growth for Dutch economy this year: ABN Amro

NL Times

The Dutch economy will not shrink this year, but its growth will slow down, ABN Amro expects. The bank predicts that the economy will grow 1.2 percent this year and 1.3 percent next year. Over the past two years, the Dutch economy grew more than 4 percent per year. The bank expects that consumer prices will rise by 4.4 percent …

Economy Dutch Bank Dutch Economy This Year

1 year, 10 months ago

Netherlands set to sell off more of its stake in ABN Amro

NL Times

The Dutch State plans to sell off more of its stake in ABN Amro. The Dutch government nationalized ABN Amro in 2008 when the bank threatened to collapse at the start of the credit crisis. The government put the bank back on the stock exchange in 2015, making clear that it would eventually sell all its interests in ABN Amro. …

State Abn

1 year, 10 months ago

ABN Amro profit up over 55% to €1.9 billion due to rising interest rates

NL Times

One of the largest banks in the Netherlands, ABN Amro, saw profits last year rise by more than half compared to a year earlier. The interest rates mean ABN Amro can earn wider margins on savings that people have deposited with the bank. ABN Amro now also thinks it is in a strong enough position to reward its shareholders, which …

Dutch Netherlands Bank Interest Euros Amro Abn

1 year, 10 months ago

Dutch housing prices will fall 10 percent over two years, says ABN Amro

NL Times

Home prices in the Netherlands will fall 10 percent in the coming two years, 6 percent in 2023, and 4 percent in 2024, ABN Amro expects. This is because mortgage interest rates have risen sharply while disposable income is under pressure from inflation,” ABN Amro economist Philip Bokeloh said. The higher mortgage interest rates mean people can borrow less on …

Prices Amro Abn

1 year, 11 months ago

Climate measures to make return flights within Europe some €60 more expensive: ABN Amro

NL Times

New environmental measures will make flying within the European Union much more expensive, according to calculations by ABN Amro. The expiry of free emission allowances, combined with higher flight tax, will increase the price of a return flight to Barcelona, Rome, or Athens, for example, by 50 to 60 euros, Het Parool reports. According to ABN Amro, the expiry of …

Europe Flight European Emission 60 Euros

2 years ago

ABN Amro: Netherlands can expect recession, but turnaround will lead to 2023 growth

NL Times

The high inflation and rising interest rates are putting pressure on the Dutch economy, which will therefore wind up sliding into a recession. Because wages will also continue to rise and the government is limiting energy costs, consumers will likely start spending more starting in the second quarter next year. Despite that, experts at ABN Amro still think that consumer …

Interest Rates Next Year

2 years ago

Dutch economy causing €40 billion in damage to biodiversity: ABN Amro

NL Times

Production and consumption in the Netherlands cause nearly 40 billion euros of damage to biodiversity. The damage comes from unsustainable land use, greenhouse gas emissions, and air and water pollution, ABN Amro reported based on a study by the bank and the Impact Institute. The biodiversity damage, therefore, leads to a loss of value for ecosystem services like food production, …

Biodiversity Damage

2 years, 1 month ago

Affordable housing plan under increasing pressure: ABN Amro report

Dutch News

High costs, rising interest rates, slow processes for granting permits and uncertainty about policy changes are making it increasingly unlikely government targets for building affordable homes will be met, ABN Amro economists have said in a new report. Housing minister Hugo de Jonge has pledged to build 900,000 new homes by 2030, of which 60% must be affordable rentals or …

Homes Housing Plan

2 years, 1 month ago

Affordable housing plan under increasing pressure: ABN Amro report

Dutch News

High costs, rising interest rates, slow processes for granting permits and uncertainty about policy changes are making it increasingly unlikely government targets for building affordable homes will be met, ABN Amro economists have said in a new report. Housing minister Hugo de Jonge has pledged to build 900,000 new homes by 2030, of which 60% must be affordable rentals or …

Homes Housing Plan

2 years, 1 month ago

Increasingly difficult to build new homes: ABN Amro

NL Times

The construction of new homes is becoming increasingly difficult due to unfavorable market conditions, ABN Amro wrote in a report on the construction sector. According to the bank, rising interest rates, higher sustainability and quality requirements, and difficult permits due to the nitrogen issue are causing headwinds. ABN Amro concludes that “delivering energy-efficient and affordable new construction is a tough …

New Homes

2 years, 1 month ago

ABN Amro raising savings account interest rate slightly along with ING, Rabobank

NL Times

ABN Amro has announced that it will increase the savings account interest rate as of 1 December. According to the bank’s CEO, Robert Swaak, this step means that "we are returning to more normal waters.” ING will apply the same interest rate from 1 December for savings balances of up to 10,000 euros from all private customers of the bank, …

Interest Rates Account Million Euros Private Savings

2 years, 2 months ago

More people falling behind on health insurance payments, says ABN Amro

NL Times

More people are struggling to pay for their health insurance. “The first signs of problematic debts caused by inflation are now becoming visible,” ABN Amro economist Piet Rietman said to the newspaper. Economists consider payment arrears with health insurers as the writing on the wall because the health insurance bill is often the first that goes unpaid. Health insurance is …

Health Health Insurance Health Insurers Insurance Payment

2 years, 2 months ago

Home prices to drop 2.5% next year: ABN Amro

NL Times

Home prices will fall 2.5 percent next year, ABN Amro economists predicted in a report on the housing market. The number of home purchases is falling, there are more homes for sale, and everything indicates that, after years of unprecedented price increases, house prices will fall next year,” ABN Amro wrote. “The increased housing requirements due to working from home, …

Prices Price Fall House House Prices Next Year Home Prices

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Articles for Abn

Some 250,000 workers at risk with stricter enforcement of false self-employment rules

Construction sector is shrinking in 2024 but will recover for next two years; ABN Amro

Dutch economy should grow 1.5% next year, but inflation will remain high, says ABN Amro

Black Friday and Cyber Monday more popular than ever: ABN Amro

ABN Amro says it is time to end high wage increases

Savers with over €57,000 to lose much more to Box 3 tax due to higher interest rates

Rental homes' value to drop 16% by end 2024: ABN Amro

Dutch State set to sell off another 10 percent of ABN Amro

ABN Amro cuts through the red tape with a BSN-free new account

Dutch economy to grow slightly this year despite recession: ABN Amro

Home sales to keep falling next year due to slow new construction: ABN Amro

No recession, but little growth for Dutch economy this year: ABN Amro

Netherlands set to sell off more of its stake in ABN Amro

ABN Amro profit up over 55% to €1.9 billion due to rising interest rates

Dutch housing prices will fall 10 percent over two years, says ABN Amro

Climate measures to make return flights within Europe some €60 more expensive: ABN Amro

ABN Amro: Netherlands can expect recession, but turnaround will lead to 2023 growth

Dutch economy causing €40 billion in damage to biodiversity: ABN Amro

Affordable housing plan under increasing pressure: ABN Amro report

Affordable housing plan under increasing pressure: ABN Amro report

Increasingly difficult to build new homes: ABN Amro

ABN Amro raising savings account interest rate slightly along with ING, Rabobank

More people falling behind on health insurance payments, says ABN Amro

Home prices to drop 2.5% next year: ABN Amro