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4-Traders Homepage  >  Equities  >  Euronext Amsterdam  >  ABN AMRO Group    ABN   NL0011540547

ABN AMRO GROUP (ABN)
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ABN AMRO : lowers interest rates on a number of retail savings accounts

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10/06/2017 | 10:35am CET

ABN AMRO will lower interest rates on a number of retail savings accounts as from 10 October. The interest paid on the Direct Sparen savings account, which offers instant access to deposits, will be lowered from 0.10% to 0.05%. The interest paid on the KinderToekomstSpaarrekening, a children's savings account, will remain unchanged. Clients have been informed of the changes.

The bank is making these changes in response to negative interest rates on the money market and low interest rates on the capital market. More information on how interest rates are set is available in this news item. A complete list of ABN AMRO's current interest rates is available here.

ABN Amro Group NV published this content on 06 October 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 06 October 2017 08:34:02 UTC.

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Financials (€)
Sales 2017 8 904 M
EBIT 2017 3 512 M
Net income 2017 2 577 M
Debt 2017 1 987 M
Yield 2017 5,41%
P/E ratio 2017 9,88
P/E ratio 2018 11,62
EV / Sales 2017 1,46x
EV / Sales 2018 1,51x
Capitalization 10 993 M
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ABN AMRO Group Technical Analysis Chart | ABN | NL0011540547 | 4-Traders
Technical analysis trends ABN AMRO GROUP
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TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
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Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 27,8 €
Spread / Average Target 3,9%
EPS Revisions
Managers
NameTitle
Kees C. van Dijkhuizen Chief Executive Officer
Olga L. Zoutendijk Chairman-Supervisory Board
Johan van Hall Chief Operating & Innovation Officer, CTO
Clifford Abrahams Chief Financial Officer
Saskia Kranendonk Chief Information Technology & Human Resource
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