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 …
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, …
The current lockdown means that the catering industry is losing 200 million euros in turnover every week, economists at ABN Amro have calculated. The leisure sector, which includes both the hospitality industry and travel organizations, will also not return to the level of 2019 next year, due to the effects of the coronavirus pandemic. The transport and logistics sector also …
