News overview

ABN AMRO Bank posts net profit of EUR 397 million in Q4 2024

ABN AMRO Bank posts net profit of EUR 397 million in Q4 2024

ABN AMRO extends main sponsorship of ABN AMRO Open tennis tournament for next three years

ABN AMRO announced today that it is extending its main sponsorship of the ABN AMRO Open for the 2026, 2027 and 2028 editions. This applies to both the ATP tennis tournament and the ITF wheelchair tennis tournament for men and women. Richard Krajicek and Esther Vergeer will also remain involved in the ABN AMRO Open as tournament directors.

Wheelchair tennis in media: focus on physical disabilities rather than sporting achievements

Despite the success of Dutch wheelchair tennis players, which includes winning six medals at the last Paralympic Games, the focus in the Dutch media tends to be on the physical disabilities of the players rather than their sporting achievements. These are the findings of a study commissioned by ABN AMRO and carried out by LexisNexis, aimed at promoting equal representation and helping to create equal opportunities. In one in seven articles about wheelchair tennis, the reporting focuses on the player’s physical disability. Almost thirty percent of articles explicitly cite the player’s medical history, including explaining why the player is in a wheelchair.

Investing early in low-carbon technology is better for business than investing later

ABN AMRO and Ares Management announce collaboration on €1.3 bn loan portfolio

ABN AMRO and Ares Management Corporation (NYSE: ARES), a leading global alternative investment manager, today announced a strategic collaboration between ABN AMRO and Ares Management Alternative Credit funds (“Ares”) on a €1.3 billion loan portfolio.

Nearly half of young women doing sports consider giving up

Nearly half of women aged 18-25 in the Netherlands sometimes consider giving up sports. This was revealed by a survey carried out by Motivaction for ABN AMRO and Ajax. This means that over 300,000 young women have doubts about sticking with their sports. Surprisingly, many of them cite psychological factors, such as insecurity and lack of enjoyment as reasons for stopping, are more often cited by young women than by young men.

House prices expected to climb 7 percent in 2025 and 3 percent in 2026

The sentiment on the housing market improved again during the fourth quarter of 2024. Falling mortgage interest rates and rising wages helped to boost confidence among buyers. In addition, guidances for taking out a mortgage have been relaxed, meaning that anyone buying a house can borrow more in 2025. Together, these factors are driving up house prices and making them less affordable. ABN AMRO expects this development to continue for the time being. In the newest edition of the Housing Market Monitor, the bank presents a price estimate for 2024 of 8.9 percent. The outlook for 2025 (+7 percent) remains unchanged, with prices projected to go up by 3 percent in 2026.

Grid congestion gets companies negotiating with grid operators

ABN AMRO Bank intends to propose Marguerite Bérard as new CEO

ABN AMRO Bank has announced that it intends to propose Marguerite Bérard (1977) as new CEO. The proposed appointment of Marguerite Bérard is subject to regulatory approval.

ABN AMRO to remain Ajax Women’s main sponsor until 2028

ABN AMRO and Ajax have extended their longstanding partnership, with the bank committing to be Ajax Women’s main sponsor until at least the end of 2028. The new agreement will take effect on 1 July 2025, marking the tenth year of ABN AMRO’s sponsorship of the Ajax elite women’s team. The bank has partnered with Ajax in various ways for over thirty years now and will also continue to be the club’s civil society partner.