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.

ABN AMRO: digital leader in the banking sector

ABN AMRO has been proclaimed digital leader in the banking sector, heading the field in digitalisation within the industry. This top position was awarded to the bank by the global management and technology consultancy BearingPoint, which reviews the entire digital customer journey of Dutch companies every year. The consultancy particularly commended ABN AMRO for its use of AI and personalisation. The bank employs state-of-the-art chatbots and data analysis to better predict customer needs. ABN AMRO is among the ten most advanced companies in the Netherlands using digitalisation to better respond to changing customer needs and improve their products and services.

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.

ABN AMRO provides Recharge with €45 million credit facilities

ABN AMRO has provided financing of €45 million to Recharge, a key player in the European market for online prepaid payments. This financing supports Recharge in strategic acquisitions and entering new markets. The company aims to further strengthen its position in the prepaid payments sector.

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