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ABN AMRO Bank N.V.

ABN AMRO Bank N.V.

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Publicatie datum 17 aug 2016 - 07:16
Statutaire naam ABN AMRO Bank N.V.
Titel Press Release: ABN AMRO reports EUR 662 million underlying net profit for Q2 2016, up 10% y-o-y
Bericht ABN AMRO reports EUR 662 million underlying net profit for Q2 2016, up 10% y-o-y Reported net profit for Q2 2016 was EUR 391 million (H1 2016: EUR 866 million) after a provision for interest rate derivatives of EUR 271 million net of tax Underlying net profit for Q2 2016 was EUR 662 million, up EUR 62 million or 10% on Q2 2015; underlying net profit for H1 2016 was EUR 1,136 million, virtually unchanged compared with H1 2015 The new Tikkie app, for sharing payments, already has almost 100,000 active users. Clients can now make investment orders via their mobile banking app Net interest income remained robust; fees and commissions were negatively impacted by volatile markets; costs were contained and loan impairments remained low Underlying ROE for Q2 2016 was 15.1% (H1 2016: 13.1%) and the underlying cost/income ratio was 57.2% (H1 2016: 61.8%) Fully-loaded CET1 ratio increased to 16.2% and the fully-loaded leverage ratio was 3.7% An interim dividend of EUR 0.40 per share will be paid