News Muncher - searching for dutch

3 weeks, 2 days 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

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

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, 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

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, 7 months ago

Fewer new rental properties came on the market last year: ABN Amro

Dutch News

The number of new rental properties added to Dutch housing stock fell 9% last year, when compared with 2020, as the mounting cost of workers and material lead developers to delay projects, ABN Amro said in a new analysis of the housing market. While most new rental homes were realised in Amsterdam, the total in the capital was just 2,965, …

Wolf Rent Rental New Rental Properties

2 years, 8 months ago

Dutch ABN AMRO bank apologizes for historic links to slavery

Associated Press

THE HAGUE, Netherlands — Dutch bank ABN AMRO apologized Wednesday for historic links to the slave trade in the 18th and 19th centuries, including the involvement of one of the bank’s predecessor institutions in “day-to-day business” of plantations. The bank said the research revealed that “ABN AMRO’s predecessor Hope & Co. played a pivotal role in the international slave economy …

Dutch Bank Slave Amro Abn

3 years, 1 month ago

Study shows substantial income loss for many Dutch people due to the pandemic

NL Times

As a result of the coronavirus crisis, some 190,000 working Dutch people have suffered a sharp decrease in income, according to economists at ABN Amro. It showed that in the period from March 2020 to February of this year, 16.3 percent of employed people saw their income decrease by at least 10 percent. That can also be because people choose …

Dutch Work Income

3 years, 1 month ago

Cinemas will not reach pre-Covid turnover levels until 2023: ABN Amro

NL Times

Dutch cinemas are unlikely to recover from financial losses caused by the coronavirus crisis in the foreseeable future, experts from ABN Amro predicted. Cinemas are slowly getting back on their feet partly because of the success of the new James Bond film that premiered in Dutch cinemas at the end of September, according to ABN Amro. ABN Amro does not …

Cinemas Amro Abn

3 years, 3 months ago

ABN AMRO made to compensate clients after overcharging on loan interest

NL Times

The Dutch Consumer’s Union reached an agreement with ABN AMRO to compensate clients who paid too much interest for their running credit from ABN AMRO, ALFAM and ICS. The interest rate for these accounts needs to move with the market rate, yet the interest rate at ABN AMRO did not fall when the market rate did. ABN AMRO will now …

Interest Rate Amro Abn

3 years, 6 months ago

ABN Amro stops its financing of North America oil and gas sector

NL Times

Dutch bank ABN Amro said it is ending its financing of the oil and gas sector in North America. The portfolio includes loans made to about 75 businesses in the North American energy markets with a volume of 1.5 billion U.S. dollars. "As a result of the sale, ABN AMRO withdraws from oil and gas related lending in North America." …

North America

3 years, 6 months ago

Knowledge bank: how to open your first account in the Netherlands

Dutch News

Make opening a Dutch bank account the least of your worries with the help of experienced expat advisors at ABN Amro. ‘We don’t want you to face difficulties from not knowing things, and we do see differences between countries.’ The first thing you may want to do sounds like the simplest: opening a bank account. ‘You register your own client …

Insurance Dutch English Netherlands Bank Account Amro

3 years, 11 months ago

NL home prices to increase 5% this year: ABN Amro

NL Times

The Dutch housing market will continue to perform well in 2021, with the average price of a home increasing around 5 percent this year, ABN Amro's Economic Bureau said on Tuesday, NU.nl reports. The price increases of the past six months will have a spillover effect on home prices in the coming year, the economists expect. The bank expects that …

4 years ago

ABN Amro to scrap 2,700 jobs

NL Times

ABN Amro plans to cut 15 percent of its workforce, or some 2,700 jobs in the coming years, the bank said in an update on its strategy on Monday. ABN Amro wants to cut costs by 700 million euros to 4.7 billion euros in the coming years. "Today we announce we will be a personal bank in the digital age, …

Netherlands Bank Amro Abn

4 years, 1 month ago

ABN Amro: Soft Brexit to cost NL €4.5 billion; Hard Brexit hit equals €17.5 billion

NL Times

If the European Union and United Kingdom part ways with a trade agreement in place, it will be a 4.5 billion euros blow to the Dutch economy. If there is a hard, no-deal Brexit, the Dutch economy will sustain 17.5 billion euros in damage, according to ABN Amro. A soft Brexit, with a trade agreement, will also put 17,770 jobs …

Dutch Soft Brexit Brexit Hit

4 years, 1 month ago

Over 80% of NL residents worried about climate change: ABN Amro

NL Times

82 percent of Netherlands residents are worried about climate change, according to a survey by Ipsos for ABN Amro. Two in five Dutch said that the coronavirus crisis should be a "wake-up" call for doing something about the climate, NU.nl reports. "Now that society has to be reshaped anyway, 56 percent of the Dutch think that now is the time …

Dutch

4 years, 2 months ago

Covid crisis to stabilize, not decrease Dutch housing prices: ABN Amro

NL Times

Instead of decreasing home prices in the Netherlands, the coronavirus crisis will instead stabilize them, according to ABN Amro economist Philip Bokeloh. Earlier this year, the bank expected the crisis to result in a 2 percent drop in home prices next year, now it expects prices to remain stable. According to Bokeloh, a big reason for the housing market to …

Prices Bokeloh

4 years, 4 months ago

ABN Amro board questioned in money laundering investigation

NL Times

ABN Amro's full board of directors was questioned by the Tax Authority's investigative department FIOD over the past months in an ongoing investigation into money laundering at the bank, sources reported to De Telegraaf. In September last year the Public Prosecution Service announced that it was investigating ABN Amro for money laundering and terrorism financing. This followed a month after …

Money Laundering

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Articles for Abn, search results for dutch

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

ABN Amro says it is time to end high wage increases

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

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

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

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

Fewer new rental properties came on the market last year: ABN Amro

Dutch ABN AMRO bank apologizes for historic links to slavery

Study shows substantial income loss for many Dutch people due to the pandemic

Cinemas will not reach pre-Covid turnover levels until 2023: ABN Amro

ABN AMRO made to compensate clients after overcharging on loan interest

ABN Amro stops its financing of North America oil and gas sector

Knowledge bank: how to open your first account in the Netherlands

NL home prices to increase 5% this year: ABN Amro

ABN Amro to scrap 2,700 jobs

ABN Amro: Soft Brexit to cost NL €4.5 billion; Hard Brexit hit equals €17.5 billion

Over 80% of NL residents worried about climate change: ABN Amro

Covid crisis to stabilize, not decrease Dutch housing prices: ABN Amro

ABN Amro board questioned in money laundering investigation